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India Gets Iranian Oil For First Time In 7 Years: Report

Two very large crude carriers loaded with Iranian oil have reached Indian ports, ship tracking data from LSEG shows, as local refiners utilise a temporary waiver granted by the United States last month to resume purchases from Tehran for the first time in seven years. The current waiver is due to expire on April 19. The Iran-flagged Felicity has reached Sikka Port in western India, while the Curacao-flagged Jaya is at the eastern port of Odisha, the data shows. A VLCC carries 2 million barrels of oil. India, the world's third-biggest oil importer and consumer, has not received a cargo from Iran since May 2019 after coming under U.S. pressure not to buy the country's crude. Indian Oil Corp, the country's top refiner, has bought Iranian oil loaded on the Jaya, a vessel under U.S. sanctions, Reuters reported last week. India has also allowed Reliance Industries Ltd, the operator of the world's biggest refining complex, to buy Iranian oil loaded on the Comoros-flagged...
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France Back In Virus Lockdown As Europe Cases Top 10 Million

France entered a new lockdown on Friday as the resurgent coronavirus pandemic increasingly forced other countries to consider following suit, with Europe passing 10 million total infections and the...

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