1 of 1
Story summary
- The Iranian tanker Ping Shun shifted its route from Vadinar, India, to Dongying, China, amid payment concerns, per ship-tracking firm Kpler.
- Sellers are demanding quicker payments, abandoning prior credit terms.
- The Ping Shun was carrying about 600,000 barrels and was due to reach India on April 4.
- The U.S. waiver for Iranian oil purchases expires on April 19, limiting opportunities for Indian refiners.
