U.S. Waivers Spur Russian Oil Sales But Interest in Iran’s Crude Remains Low

AI Briefing

• – U.S. waivers boost Russian oil sales in Asia, but Iran's crude remains unattractive to refiners due to uncertainties
• – Indian refiners are interested in Russian oil, but state-controlled firms are hesitant to buy Iranian crude
• – Uncertainties around shipping, insurance, payments, and currencies deter refiners from purchasing Iranian oil