Two Iranian oil tankers have reached India, marking the first such shipments in nearly seven years. The development came hours after the US announced to block all Iranian vessels entering or leaving the Strait of Hormuz following the failed US-Iran ceasefire talks in Islamabad.

A mid-voyage U-turn by the sanctioned tanker 'Ping Shun' has diverted 600,000 barrels of Iranian crude from India to China. As the April 19 US waiver deadline nears, payment disputes appear to have blocked India's first Iranian oil import since 2019.