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New Delhi optimistic about securing 2nd Iran oil waiver: Indian envoy

Indian Ambassador to Iran Gaddam Dharmendra says a team from his country is currently negotiating with the US authorities to obtain another exemption to keep buying Iranian crude. He also talked about how India’s SPV is different from the European INSTEX.

India negotiating with US to continue Iran oil purchase

The country has been buying crude from Iran under the US sanctions although in lesser quantities. The energy-hungry South East Asian state, is eager to be able to import Iranian crude as well as abide by the US punitive measures.

Asia’s crude oil imports from Iran to redouble in February

Unilateral US sanctions on Iran have targeted Iranian oil sales that have caused some dips in the country’s crude purchase. But with countries such as Japan and South Korea restarting importing Iranian crude, the purchase is set to rebound in this month.

Japan to resume banking ties with Iran: Envoy

Tokyo will be the latest of Iran oil importers that is intending to restart banking relations with cash-stripped Iran. China, India and South Korea have already put in place special payment channels.

Japan to continue Iran oil purchase: envoy

Japan has been one of the eight countries that have been exempted from the US sanctions to be able to buy energy from Iran. Tokyo says it’s willing to import Iranian crude but needs an extension of its waiver.

Iranian crude to be put on stock sale for fifth time

Iran’s state oil company NIOC launched another round of oil sales on IRENEX although the third and fourth offers failed to find any potential buyers. So far, only one million barrels of oil have been sold through energy stock market.

South Korea restarts Iranian oil imports before waiver window shuts down

The world’s fifth-largest crude importer won a six-month waiver in November from U.S. sanctions on Tehran’s oil exports, but did not immediately start imports, mainly due to payment and insurance issues.

4th round of oil sales on internal exchange market: Iran issues statement in English

First and second rounds saw anonymous clients buy nearly a million barrels. But, there were no buyers for the third round that was held on 21 January.

Japanese Fuji Oil loads first cargo of Iranian oil since US sanctions

Japanese refiner Fuji Oil Co has lifted Iranian crude oil in the first cargo to head for Japan since the country received a waiver from U.S. sanctions on Tehran.

China proposes Iran $3 billion oil field investment under US waivers

Beijing takes advantage of U.S. sanctions waiver while EU companies balk at risk