Refiners in India look to buy Iranian oil after US waives sanctions

New Delhi, 21/3Indian refiners plan to resume buying Iranian oil while refiners elsewhere in Asia are examining ⁠such a move after Washington temporarily removed sanctions to alleviate an energy crunch caused by the US-Israeli war on ⁠Iran, traders said on Saturday.

Three Indian refining sources said they will buy Iranian ‌oil and are awaiting government directions and clarity ​from Washington on details such as payment terms.