India to receive first Iranian oil shipment in 7 years

By Mudit Dube

Apr 08, 2026

01:55 pm

What's the story

India is gearing up to receive its first shipment of Iranian oil in seven years. The development comes after the US temporarily lifted sanctions on Iranian oil and refined products, in a bid to tackle supply shortages. Ship tracking data from LSEG and Kpler confirmed the impending arrival of the cargo this week.

Sanction relief

US's sanctions relief and its implications

The US's decision to lift sanctions on Iranian oil and refined products is aimed at alleviating supply shortages. This comes amid rising tensions in the Middle East, which have disrupted oil flows through the Strait of Hormuz. The lifting of these sanctions has allowed Indian refiners to resume their purchases from Iran, further stabilizing the country's oil supply chain.