Iranian oil

Iranian oil

A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026. Photo: 2026 Planet Labs PBC/Handout via REUTERS

US authorises Iranian oil sales amid talks on final peace deal

It does not authorise ​transactions involving North Korea or Cuba, countries heavily sanctioned by the United States.

Representational Image. Photo: Reuters

India gets first Iranian oil in 7 years, ship tracking data shows

A man pays after refuelling his bike at a fuel station in New Delhi, India, 6 March, 2026. REUTERS/Bhawika Chhabra/File Photo

India makes first Iranian oil buy in seven years with no payment problems