DID Press: Indian refineries are planning to resume oil imports from Iran following recent developments in the global energy market, According to Reuters.
The decision comes after the United States issued a temporary license allowing certain countries to purchase Iranian crude within a limited timeframe.
Sources familiar with the matter said major Indian refineries, which were previously significant buyers of Iranian oil, are evaluating the new conditions for restarting imports.
Analysts note that this move could help ease pressure on global energy markets while supporting India’s growing energy demand. Although the resumption of Iranian oil supplies is limited, it may influence global oil prices and contribute to relative stability in supply.