New Delhi, June 26 -- As a temporary US sanctions waiver revives the prospect of large-scale Iranian crude imports into India once again, Indian refiners expect Tehran to offer sweeter terms-deferred payments, longer credit periods-to regain share in the world's third-largest oil-consuming nation, three people aware of the development said.

As Indian refiners await clarity in terms of payment mechanism and long-term durability of the US-Iran peace talks, they may not rush for immediate procurement of Iranian crude and are taking a more long-term approach, to ensure supplies when the sanctions are permanently waived off, these people added.

The developments follow a 60-day sanctions waiver issued by the US Treasury Department's Office of...