EconomicTrade Policy Action2026-05-16🇮🇳
India resumes oil imports from Iran after 7-year gap
source: India -> target: Iran
On 2026-05-16, India reportedly resumed crude oil imports from Iran after a 7-year gap, with multiple tankers carrying Iranian crude reaching Indian ports. The move followed a temporary US relaxation of sanctions on Iranian oil exports and marks a shift in India’s energy sourcing strategy.
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IndiaSouth AsiaIndiaAsia20.594, 78.963
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