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Limited impact of US sanctions reprieve on Indian refiners

24 Jun 2026 · 16:13 ISTafter close1 source ↓written by the desknot a recommendation

The US has lifted sanctions on Iran for 60 days, allowing crude oil sales until 21 Aug 2023. However, Indian refiners face legal and commercial challenges that limit potential gains. Payment clarity and increased due diligence due to Iran's ties with China and Russia are key concerns for refiners.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 24 Jun 2026, 16:13 IST.

Sourcesnews.google.com

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Limited impact of US sanctions reprieve on Indian refiners

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