A Gibraltar judge had ordered the Grace 1 tanker released, but the US filed a request to detain the ship.
18 Aug 2019 6:18 PM
'It has been a challenge to find alternative sources of oil at the same price and quality,' he said.
07 Aug 2019 1:53 PM
We are selling oil. It is not a secret. Many countries are taking oil from us both officially and unofficially, says Envoy.
04 Jul 2019 12:26 AM
India is likely to press with the US government for continuation of beyond its expiry on May 2.
23 Apr 2019 2:16 PM
United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions.
23 Apr 2019 12:12 PM
The White House announced on Monday it will no longer grant sanctions exemptions to Iran's oil customers.
22 Apr 2019 6:35 PM
Iran was India's seventh biggest oil supplier in January, as compared to third-biggest a year ago.
08 Mar 2019 1:58 PM
India has reduced its purchases of Iranian oil but has been in talks on extending its sanctions waiver.
07 Mar 2019 4:13 PM
HPCL would continue to buy Iranian oil on a regular basis during the waiver period.
07 Dec 2018 11:16 AM
Trump claims he did not want crude oil price to shoot up to $100-$150 due to shortage.
09 Nov 2018 1:03 AM
Washington’s decision to dishonour its nuclear treaty with Tehran and hammer on economic sanctions was sudden as well as unforeseen.
07 Nov 2018 12:45 AM
The US will allow the eight nations to import Iranian oil but only at much lower levels.
03 Nov 2018 5:02 PM
Sources, however, said no final decision has been made and an announcement is likely just before sanctions on Iran are reimposed on November 5.
02 Nov 2018 1:31 AM
India had planned to import about 25 million tonnes of crude oil from Iran in the current fiscal.
20 Sep 2018 6:29 PM
Indian refiners bought around 6,64,000 barrels per day (bpd) of Iranian oil in June.
31 Jul 2018 8:22 AM
In June, India imported 592,800 barrels per day (bpd) of oil from Iran compared to 705,200 bpd in May.
11 Jul 2018 11:30 AM