Iran Rushes to Woo Asia’s Largest Oil Importers After US Waiver (opens original article in a new tab)

Iran is trying to secure deals with Asia's major oil importers as a US sanctions waiver expires, aiming to resume exports and clear a large backlog of crude oil, though Asian buyers remain cautious due to ongoing sanctions and geopolitical risks.

• Iran is seeking to attract Asia's largest oil importers as a US sanctions waiver expires
• Iran aims to resume oil exports and clear a backlog of 68 million barrels of crude on the water
• Asian buyers are cautious due to ongoing US sanctions and geopolitical uncertainties