India Buys Iranian Oil After 7 Years, No Payment Hurdles Reported

India has resumed importing crude oil from Iran for the first time since 2019, as escalating tensions in the Middle East disrupt global energy supplies. The move comes amid instability in the Strait of Hormuz, a key transit route for oil shipments, affected by the ongoing U.S.-Israel-Iran conflict. The temporary easing of U.S. sanctions has enabled Indian refiners to secure Iranian crude without payment hurdles. As the world’s third-largest oil importer, India is taking strategic steps to safeguard its energy needs. The government has assured that crude oil supplies remain fully secured for the coming months despite geopolitical uncertainties.