Iran Courts Asian Refiners to Restart Oil Exports Under 60-Day US Waiver
Updated
Updated · Bloomberg · Jun 23
Iran Courts Asian Refiners to Restart Oil Exports Under 60-Day US Waiver
3 articles · Updated · Bloomberg · Jun 23
Summary
A 60-day US sanctions waiver has triggered a push by Iran to restart crude sales and clear cargoes already waiting on the water.
National Iranian Oil Co. representatives and middlemen contacted refiners in India, Japan, South Korea and other Asian markets, with traders saying outreach began even before the license was formally granted.
That urgency reflects Tehran’s bid to quickly regain access to some of Asia’s biggest oil importers while the waiver remains in force.
The temporary opening comes even as peace talks continue, leaving Iran’s export recovery tied to a narrow diplomatic window.