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Iran Oil Imports

State dept defended India on Iran oil import, Trump was unmoved: Bolton

Iran is India's third-largest oil supplier after Iraq and Saudi Arabia. Iran supplied 18.4 million tonnes of crude oil between April 2017 and January 2018 (first 10 months of fiscal 2017-18)

State dept defended India on Iran oil import, Trump was unmoved: Bolton
Updated On : 23 Jun 2020 | 1:35 PM IST

Here's why the US sanctions on Iran oil will hurt India more than you think

India has boosted oil purchases, with much of the extra apparently going into storage at Mangalore. This may be temporary, though, if refiners are building stockpiles ahead of anticipated shortages

Here's why the US sanctions on Iran oil will hurt India more than you think
Updated On : 13 Aug 2018 | 10:15 AM IST

Iran oil imports: Slippery road ahead for India as US sanctions kick in

Cutting imports may affect India's current account and fiscal deficits, as sweet-grade Brent crude makes up 28% of its import basket; continued dealings with Iran may invite US sanctions

Iran oil imports: Slippery road ahead for India as US sanctions kick in
Updated On : 01 Aug 2018 | 7:18 AM IST