Iran is moving quickly to secure new customers among Asia’s largest oil importers after a temporary 60-day US sanctions waiver begins. Bloomberg and other outlets report that the waiver is expected to give Iran a limited window to resume oil exports and start clearing cargoes already on the water, where deliveries have built up due to sanctions and related disruptions. The reports say the effort includes outreach to major Asian buyers such as India, Japan and South Korea, with some discussions extending to longer-term arrangements and other energy products.
While the waiver is described as a short-term lifeline, outlets also note that uncertainty around US policy and the availability of alternative crude supplies may slow or limit immediate commitments from refiners. Japan Times and the Financial Post focus on the operational goal of restarting shipments and reducing the backlog, occurring alongside ongoing peace talks. Times of India adds that some refiners approach the opportunity cautiously, even as Iran works to diversify its buyer base beyond China.
