Indian oil refiners lining up oil cargoes to meet local demand
by Reuters Apr 17, 2026
Indian oil refiners are doing their best to line-up oil cargoes to meet local demand, an Indian government official said on Friday, after the United States decided not to extend a waiver from sanctions on crude purchases from Russia and Iran.
The U.S. waiver for sanctioned Russian oil purchases expired on April 11 and the exemption on Iranian oil is due to end on April 19.
(Reporting by Nidhi Verma, writing by Shilpa Jamkhandikar; Editing by YP Rajesh)
Reuters
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