-- India has reportedly allowed four Iranian oil tankers to dock, signaling a rare easing of restrictions for Iranian crude, according to multiple media reports.
The shipping ministry granted permission for vessels carrying Iranian crude to berth at Sikka port following a request from Reliance Industries, according to reports.
India, the world's third-largest oil importer, had halted Iranian crude purchases in 2019 under US pressure.
The move follows a temporary US waiver issued last month permitting limited transactions involving Iranian oil at sea to help stabilize global prices.
The exemption is set to expire on Apr. 19, creating urgency for importers seeking to secure alternative supplies during heightened geopolitical tensions.
Iranian shipments are typically transported by vessels lacking standard insurance and certifications, requiring special government approval under Indian maritime regulations.
The approved vessels include Aframax tanker Kaviz and very large crude carriers Lenore, Felicity, and Hedy, all of which are under US sanctions.
Each supertanker can carry up to 2 million barrels of crude, offering significant potential volumes if the cargoes are processed.
Tracking data showed some vessels positioned near Iran's Chabahar port in early April, while others recently loaded cargoes or exited the Gulf, the report said.
Despite the approvals, it remains uncertain whether Reliance will refine the oil, as the company is assessing compliance with sanctions and domestic regulations.
Separately, Indian Oil has already received Iranian crude via a sanctioned tanker, indicating limited resumption of flows under exceptional circumstances.
India's Ministry of Ports, Shipping and Waterways and Reliance did not immediately respond to' request for comment.