Iran-India fuel trade begins after strait open sesame. Traffic of 'friendly' India can pass, says Araghchi

  • Posted on March 26, 2026
  • By Business News Today
  • 4 Views
Iran-India fuel trade begins after strait open sesame. Traffic of 'friendly' India can pass, says Araghchi

Indian refiners are resuming purchases of Iranian crude oil and LPG following the temporary lifting of US sanctions, aiming to offset supply disruptions from the Strait of Hormuz. Iran has stated that vessels from "friendly" nations, including India, will be permitted passage, potentially easing fuel supply concerns.
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