An oil tanker sanctioned by the U.S. in 2025 and sailing with 600,000 barrels of Iranian crude oil changed its destination mid-voyage from India to China.
This rerouting decision is payment-related as sellers are moving away from the previous 30 to 60-day payment window or upfront or near term-settlement of dues.
Ping Shun, an Aframax Tanker, constructed in 2002, is sailing to its new destination, Dongying in China instead of Vadinar in India’s Gujarat, which it indicated when it left Kharg Island around March 4, 2026.
However, there is no confirmation that the destination is final, as it may change anytime during the voyage.
If Ping Shun had reached India, this shipment would have been the first Iranian crude bought by India since 2019.
India was a principal buyer of Iranian Oil and imported massive volumes of Iranian light and heavy grades.
After the U.S. imposed stricter sanctions in 2018, imports from Iran stopped in May 2019.
Now that America has waived sanctions on the purchase of Iranian oil
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