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National News

The Times of India

National / The Times of India

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India bound US-sanctioned tanker with Iranian crude reroutes to China mid-voyage

A US-sanctioned tanker carrying Iranian crude oil has rerouted from India to China mid-voyage due to payment concerns. This shift underscores the complexities of resuming oil trade with Iran, as financial terms and counterparty risk have become critical factors. The incident highlights ongoing challenges despite a recent US waiver.

3 Apr 2026 1:16 pm