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Indian Oil Refiners Lining up Oil Cargoes to Meet Local Demand, Official Says

Indian Oil Refiners Lining up Oil Cargoes to Meet Local Demand, Official Says


NEW DELHI, ⁠April ⁠17 (Reuters) – 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)

Copyright 2026 Thomson Reuters.

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