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Iran is offering to insure oil cargoes to India after some local insurers stopped providing the service in the face of impending US sanctions, industry sources said, a move that would help Tehran continue supplying its second biggest oil client.

IEA lowers its growth forecast in oil demand for 2018, 2019

The estimated growth in global demand has been reduced by 1,10,000 barrels per day for each of the two years.

12 Oct 2018 2:44 PM IST

Trump administration moves to block Chinese airlines from US. (AFP Photo)

US to suspend flights by Chinese airlines from June 16

The decision was in response to China's failure to let United Airlines and Delta Air Lines resume flights to China this...

4 Jun 2020 2:00 PM IST