Indian refiners are being approached with offers for discounted Iranian crude following a temporary US sanctions waiver, according to reports from Business Line and Business Standard. Both outlets note that Indian buyers had largely stopped purchasing Iranian oil after US sanctions were reimposed in 2019. Under the latest development, Iranian state oil and associated traders are reaching out to refiners with crude priced at a discount, which would revive at least some volumes of Iranian supply. However, the sources also indicate that details remain unclear, particularly around how transactions would be carried out under the sanctions regime. Business Standard highlights that the payment and settlement mechanism for these potential purchases is not yet defined, even if intermediaries are presenting workable pricing terms. The articles frame the situation as a renewed opportunity for discounted imports tied to the waiver’s terms, while emphasizing that compliance logistics and payment routes are still uncertain. Overall, the reporting describes active outreach and preliminary commercial offers, with final purchasing decisions dependent on how payments and sanction-related requirements can be satisfied.