Event Brief
Middlemen offer Iranian oil to Indian refiners after US waiver
Filed: Jun 26, 2026 at 10:05 AM ET
Summary: Middlemen told Indian refiners they can buy Iranian crude $3 to $4 a barrel cheaper than regional grades on a landed basis.
WHO: Middlemen
WHAT: Offered Iranian crude to Indian refiners at a $3 to $4 per barrel discount on a landed basis
WHEN: Jun 26, 2026 at 8:52 AM ET
WHERE: India
WHY: They offered the discount after a U.S. waiver, according to sources.
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