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US Sanctions Waivers on Russian and Iranian Oil: Impact on India’s Energy Supply

On April 15, US Treasury Secretary Scott Bessent announced that the US will no longer extend the sanctions waivers that allowed several countries to purchase oil from Russia and Iran. These waivers, which were initially intended to ease global oil supply disruptions, are now being revoked. Bessent emphasized that the move to not renew the general licenses on Russian and Iranian oil would lead to penalties for countries still involved in these transactions. He further warned that secondary san

Global News

16 Apr 2026 08:08 AM 191 views

US Sanctions Waivers on Russian and Iranian Oil: Impact on India’s Energy Supply

On April 15, US Treasury Secretary Scott Bessent announced that the US will no longer extend the sanctions waivers that allowed several countries to purchase oil from Russia and Iran. These waivers, which were initially intended to ease global oil supply disruptions, are now being revoked. Bessent emphasized that the move to not renew the general licenses on Russian and Iranian oil would lead to penalties for countries still involved in these transactions. He further warned that secondary san

Global News

Sanctioned tanker diverts Iranian crude from India to China amid payment concerns

A U.S.-sanctioned oil tanker carrying Iranian crude has changed course from India to China, raising uncertainty over what could have been India’s first Iranian oil import in nearly seven years. The Aframax tanker Ping Shun, built in 2002 and sanctioned by the United States in 2025, is now signaling Dongying, China, as its destination instead of Vadinar in Gujarat, according to data from Kpler.

Global News

03 Apr 2026 11:16 AM 222 views

Sanctioned tanker diverts Iranian crude from India to China amid payment concerns

A U.S.-sanctioned oil tanker carrying Iranian crude has changed course from India to China, raising uncertainty over what could have been India’s first Iranian oil import in nearly seven years. The Aframax tanker Ping Shun, built in 2002 and sanctioned by the United States in 2025, is now signaling Dongying, China, as its destination instead of Vadinar in Gujarat, according to data from Kpler.

Global News

90 Ships Cross Hormuz as Iran Continues Oil Exports Amid War, Despite Challenges

In the midst of the ongoing war, Iran has continued to export millions of barrels of oil, with about 90 ships, including oil tankers, crossing the critical Strait of Hormuz between March 1 and 15, 2026. Despite the waterway being effectively "closed" to most traffic due to the conflict, Iran has managed to keep its oil exports flowing, benefitting from its control over this vital chokepoint. According to maritime traffic data from Lloyd's List Intelligence, Iran has relied on a mix

Global Conflicts

18 Mar 2026 05:41 AM 250 views

90 Ships Cross Hormuz as Iran Continues Oil Exports Amid War, Despite Challenges

In the midst of the ongoing war, Iran has continued to export millions of barrels of oil, with about 90 ships, including oil tankers, crossing the critical Strait of Hormuz between March 1 and 15, 2026. Despite the waterway being effectively "closed" to most traffic due to the conflict, Iran has managed to keep its oil exports flowing, benefitting from its control over this vital chokepoint. According to maritime traffic data from Lloyd's List Intelligence, Iran has relied on a mix

Global Conflicts

US Treasury sanctions over 30 linked to illicit Iranian oil network

The United States Treasury Department announced on Wednesday that it has imposed sanctions on more than 30 individuals, entities, and vessels accused of facilitating illicit Iran oil sales and supporting Tehran’s weapons programs. The action, carried out through the Office of Foreign Assets Control (OFAC), forms part of Washington’s continuing maximum pressure campaign aimed at curbing Iran’s military capabilities and financial networks. According to the Treasury, the measures

Global News

25 Feb 2026 14:02 PM 224 views

US Treasury sanctions over 30 linked to illicit Iranian oil network

The United States Treasury Department announced on Wednesday that it has imposed sanctions on more than 30 individuals, entities, and vessels accused of facilitating illicit Iran oil sales and supporting Tehran’s weapons programs. The action, carried out through the Office of Foreign Assets Control (OFAC), forms part of Washington’s continuing maximum pressure campaign aimed at curbing Iran’s military capabilities and financial networks. According to the Treasury, the measures

Global News

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US Sanctions Waivers on Russian and Iranian Oil: Impact on India’s Energy Supply

US Sanctions Waivers on Russian and Iranian Oil: Impact on India’s Energy Supply

Sanctioned tanker diverts Iranian crude from India to China amid payment concerns

Sanctioned tanker diverts Iranian crude from India to China amid payment concerns

90 Ships Cross Hormuz as Iran Continues Oil Exports Amid War, Despite Challenges

90 Ships Cross Hormuz as Iran Continues Oil Exports Amid War, Despite Challenges

US Treasury sanctions over 30 linked to illicit Iranian oil network

US Treasury sanctions over 30 linked to illicit Iranian oil network

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Picnic Flix Movie Nights Return to Dublin This Summer

Chinese social media mocks US blockade of Iran as “second toll booth”

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Allu Arjun Faces ₹20 Crore Compensation Demand in Sandhya Theatre Incident

Picnic Flix Movie Nights Return to Dublin This Summer

Chinese social media mocks US blockade of Iran as “second toll booth”

Embracing Change: How Digital Transformation Reshapes Business Operations

Santa Clara Plans 90-Bed Family Shelter, Safe Parking in New Homelessness Strategy

Lalit Modi Claims He Left India in 2010 Due to Death Threats from Dawood Ibrahim

Bangladesh Railways Expanding Fleet with 200 Coaches from India by 2027

Income Tax Dept Releases ITR-1 & ITR-4 Forms for AY 2025–26 With Key Changes

Luka Modric Swansea, Modric co-owner Swansea, Luka Modric football investor, Real Madrid midfielder news, Swansea Championship, Luka Modric Ballon d'Or

PM Modi Marks Constitution Day, Reaffirms Commitment to Constitution

#iranianoil

US Sanctions Waivers on Russian and Iranian Oil: Impact on India’s Energy Supply

US Sanctions Waivers on Russian and Iranian Oil: Impact on India’s Energy Supply

Sanctioned tanker diverts Iranian crude from India to China amid payment concerns

Sanctioned tanker diverts Iranian crude from India to China amid payment concerns

90 Ships Cross Hormuz as Iran Continues Oil Exports Amid War, Despite Challenges

90 Ships Cross Hormuz as Iran Continues Oil Exports Amid War, Despite Challenges

US Treasury sanctions over 30 linked to illicit Iranian oil network

US Treasury sanctions over 30 linked to illicit Iranian oil network

Allu Arjun Faces ₹20 Crore Compensation Demand in Sandhya Theatre Incident

Picnic Flix Movie Nights Return to Dublin This Summer

Chinese social media mocks US blockade of Iran as “second toll booth”

Embracing Change: How Digital Transformation Reshapes Business Operations

Santa Clara Plans 90-Bed Family Shelter, Safe Parking in New Homelessness Strategy

Lalit Modi Claims He Left India in 2010 Due to Death Threats from Dawood Ibrahim

Bangladesh Railways Expanding Fleet with 200 Coaches from India by 2027

Income Tax Dept Releases ITR-1 & ITR-4 Forms for AY 2025–26 With Key Changes

Luka Modric Swansea, Modric co-owner Swansea, Luka Modric football investor, Real Madrid midfielder news, Swansea Championship, Luka Modric Ballon d'Or

PM Modi Marks Constitution Day, Reaffirms Commitment to Constitution

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