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India denies reports an Iranian crude shipment was diverted to China over payment issues, says refiners freely choose suppliers and face no payment hurdles for Iranian oil The Indian government on Saturday dismissed reports claiming that an Iranian crude shipment was diverted from Gujarat to China due to payment-related issues, calling such assertions "factually incorrect." In a statement posted on X, the Ministry of Petroleum and Natural Gas clarified that India sources crude oil from more th ...Read More >
A tanker with Iranian crude oil has been flashing India's west coast as its destination, according to maritime tracking sites, in what could be the first such import in nearly seven years. The Eswatini-flagged Ping Shun's transponders and AIS (automatic identity system) have signalled it is headed for the Vadinar offshore terminal and is expected to reach the facility by April 4, according to the Kpler-owned MarineTraffic and Winward, both providers of global commodity and ship data. At an int ...Read More >
New Delhi: A US-sanctioned tanker transporting Iranian crude oil has altered course mid-journey from India to China, according to tracking data, injecting uncertainty into a shipment that could have restarted New Delhi's imports after nearly seven years. Built in 2002, the Aframax Ping Shun -- hit by US sanctions in 2025 -- now lists Dongying, China, carrying about 600,000 barrels (6 lakh) of Iranian oil. Kpler records showed Vadinar, Gujarat, as its prior aim earlier this week. Indian refiner ...Read More >
NEW DELHI: A US-sanctioned tanker carrying Iranian crude oil has altered its course mid-voyage, dropping India as its destination and rerouting to China, in a move that underscores ongoing challenges in resuming oil trade with Iran.The Aframax tanker Ping Shun, which had been signalling Vadinar in Gujarat earlier this week, is now indicating Dongying in China as its destination, according to ship-tracking firm Kpler. The vessel was expected to deliver what would have been India's first Iranian c ...Read More >
NEW DELHI: A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India, where it would have marked the first such shipment in nearly seven years to China. The Aframax tanker Ping Shun, built in 2002 and sanctioned by the US in 2025, is now signalling Dongying in China as its destination instead of Vadinar in Gujarat, which it had indicated earlier this week, according to ship-tracking firm Kpler. There is no confirmation that the ...Read More >
UK sanctions 30 shadow tankers in largest clampdown on Russian oil trade The UK has blacklisted another 30 oil tankers in Russia's "shadow" fleet in its largest sanctions package of this kind to date, the government said Nov. 25, as a G7 foreign ministerial meeting kicks off in Italy. To circumvent the G7's price cap on seaborne Russian oil exports, Russia has amassed a large tanker fleet of 586 ships totaling 57.1 million dwt, according to a recent analysis based on S&P Global Commodities at ...Read More >
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