Categories: Business

Two supertankers carrying Iranian crude anchor off India as Trump announces Hormuz blockade

Two supertankers carrying Iranian crude have anchored off India’s coasts, signaling a potential return of imports after a seven-year hiatus. This development occurs despite US efforts to restrict Tehran’s oil exports, with India seeking to diversify its energy sources amid global supply disruptions. The shipments arrive under a recent US waiver, allowing purchases of cargoes already in transit.

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