Washington temporarily lifted sanctions, after which traders offered Iranian crude to Indian refiners at a premium to ICE Brent, according to three industry sources. The sanction easing is aimed at easing an energy shortfall tied to the U.S.-Israeli conflict and, if sustained, could shift regional crude flows and pricing dynamics.
Washington temporarily lifted sanctions, after which traders offered Iranian crude to Indian refiners at a premium to ICE Brent, according to three industry sources. The sanction easing is aimed at easing an energy shortfall tied to the U.S.-Israeli conflict and, if sustained, could shift regional crude flows and pricing dynamics.
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