An analyst said Indian refiners were unlikely to rush to buy crude from Iran despite a temporary sanctions waiver issued by the United States (US). The analyst argued that the waiver offered a narrow window and that buyers would weigh compliance and practical hurdles before altering procurement, and to avoid reputational and legal risks. Market participants were said to be assessing the waiver cautiously. The announcement prompted market watchers to revisit supply dynamics in the region. Key considerations included contractual obligations to long term suppliers, challenges related to payments and insurance, and logistical constraints such as shipping and storage. Refiners were also mindful of regulatory scrutiny and the need to maintain steady refinery operations without disruption and to preserve investor confidence. The analyst noted that adjustments to crude slates take time and careful planning. Analysts said firms would prioritise continuity of operations over short term opportunism. Many refiners preferred to exhaust existing inventories and adhere to established supply chains rather than pivot rapidly in response to a temporary policy change. The cost and complexity of integrating a new crude grade were cited as deterrents, along with the absence of an immediate commercial imperative and uncertainties around blending. Contractual penalties and quality considerations were likely to discourage hasty moves. Some companies might consider selective purchases where commercial terms were attractive, but widespread or rapid buying was viewed as unlikely. The immediate market impact was expected to be limited with any change in flows unfolding gradually as buyers and sellers negotiated terms and as freight and insurance arrangements adjusted. The analyst suggested that diplomatic developments and the availability of reliable payment channels would be important determinants of any future shift. Traders and logistics providers were expected to view any uptick cautiously. Overall, the response from Indian refiners was portrayed as measured and cautious.