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Gilbraltars government said it could not seek a court order to detain the ship because US sanctions against Iran were not applicable in the European Union. (Photo: Representational | AFP)

Gibraltar rejects US demand to detain Iranian oil tanker

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 IST

At present, Harsh Vardhan Shringla is serving as the Indian High Commissioner to Bangladesh. (Photo: Facbeook | Harsh V Shringla)

US' decision to end Iran oil waivers hurt India's bottom line: Envoy

'It has been a challenge to find alternative sources of oil at the same price and quality,' he said.

7 Aug 2019 1:53 PM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

HPCL to buy Iranian oil in Jan after six-month gap: sources

HPCL would continue to buy Iranian oil on a regular basis during the waiver period.

7 Dec 2018 11:16 AM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

India to pay in rupees for Iranian oil

India had planned to import about 25 million tonnes of crude oil from Iran in the current fiscal.

20 Sept 2018 6:29 PM IST