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Commodity Market, Commodities News Today | The HinduBusinessLine

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India set to get first Iranian crude oil cargo in 7 years
2026-04-08 · via Commodity Market, Commodities News Today | The HinduBusinessLine

India ​is set to receive its first oil ‌from Iran in seven years this ​week, after the U.S. temporarily ⁠removed sanctions on Iranian oil and refined products to ease supply shortages, ship tracking ‌data from LSEG and Kpler showed on Wednesday.

The cargo on the ‌Curacao-flagged very large crude carrier Jaya ‌was ⁠purchased by state-run Indian Oil ⁠Corp.NS and is heading to India’s east coast, the data showed.

Indian Oil, the country’s top ​refiner, did not ‌immediately respond to a Reuters email seeking comment.

The vessel carrying Iranian oil initially went to South East Asian waters ‌for discharge in China before ​heading to India, LSEG ship tracking shows.

LSEG data shows another carrier ⁠Jordan is signalling India as its discharge location.

India, the world’s third-biggest oil ‌importer and consumer, has not received a cargo from Tehran since May 2019, following U.S. pressure not to buy Iranian crude, but supply disruptions from the U.S.-Israel war have hit the ‌South Asian nation hard.

India’s oil ministry last ​week said that refiners have purchased Iranian oil amid the Middle ⁠East conflict that has disrupted supplies through ⁠the Strait of Hormuz.

The ministry also said last week that ‌refiners are not facing any problems with payments for Iranian oil purchases.

Published on April 8, 2026