2 supertankers carrying Iran crude anchor off India as Trump announces Hormuz blockade

Two supertankers carrying Iranian crude have anchored off India’s coasts, signaling a potential return of imports after a seven-year hiatus. This development occurs despite US efforts to restrict Tehran’s oil exports, with India seeking to diversify its energy sources amid global supply disruptions. The shipments arrive under a recent US waiver, allowing purchases of cargoes already in transit. Two supertankers carrying Iranian crude have anchored off India’s coasts, signaling a potential return of imports after a seven-year hiatus. This development occurs despite US efforts to restrict Tehran’s oil exports, with India seeking to diversify its energy sources amid global supply disruptions. The shipments arrive under a recent US waiver, allowing purchases of cargoes already in transit.