sanctions waiver

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    LPG Flows Resume: Iranian Cargo Reaches Mangalore Amid Regional Tensions

    New Delhi, April 4 An Indian LPG tanker, carrying approximately half a day's cooking gas supply, has successfully crossed the war-affected Strait of Hormuz, while another vessel from Iran has reached the port of Mangalore, signaling continued fuel inflows despite regional disruptions."The LPG...
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    Iran Oil Release: A Short-Term Market Boost

    Washington, March 21 – On Friday night, the United States issued a narrow, short-term authorization allowing the sale of Iranian oil that is currently stranded at sea. The Trump administration says this move will quickly boost global supply while maintaining pressure on Tehran, according to the...
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    Sanctions Relief Targets Existing Iranian Oil Supplies

    Washington, March 21 – The United States has announced a 30-day sanctions waiver allowing the sale of Iranian oil currently stranded at sea, in a move aimed at easing mounting pressure on global energy supplies triggered by the ongoing conflict with Iran.Speaking on X, US Treasury Secretary...
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    US Envoy: Iran's Strait of Hormuz Blockade Threatens Oil Stability

    New Delhi, March 13 Amid the conflict in West Asia and rising oil prices, US envoy to India, Sergio Gor, said on Friday that Iran is "trying to blockade" the Strait of Hormuz and is "recklessly targeting" commercial vessels, as he accused Tehran of trying to drive up oil prices.During an...
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    Treasury Department Issues 30-Day Waiver for Indian Refineries to Buy Russian Oil

    The US has given India permission to purchase Russian oil that is currently on ships in waterways, aiming to ease supply shortages globally amid the West Asia conflict."The world has ample oil supplies. Yesterday, the Treasury Department authorized our allies in India to begin buying Russian...
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