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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.

India readies oil strategy as US sanctions on Iran near

Fresh assurances were given that oil supplies would not be an issue in the case of India.

16 Oct 2018 4:11 AM GMT

Prime Minister Narendra Modi

Narendra Modi to brainstorm oil scenario with global CEOs

The third annual meeting would also deliberate on ways to revive investment in oil and gas exploration and production.

14 Oct 2018 8:17 AM GMT

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Two Indian companies to buy Iranian oil in November: Oil Minister...

India, the world's third-biggest oil importer, will buy 9 million barrels of Iranian oil in November.

8 Oct 2018 8:21 AM GMT

Reliance Industries plans to shut oil and gas production at its main fields in KG-D6 block in the coming months.

India to buy 9 mn barrels of Iranian oil in Nov despite US sanctions:...

Indian Oil Corp will lift 6 mn barrels of Iran oil and Mangalore Refinery and Petrochemicals Ltd 3 mn barrels, a report...

5 Oct 2018 3:04 PM GMT

Journalist Jamal Khashoggi has not been seen since he entered the Saudi consulate in Istanbul more than two weeks ago, amid persistent reports he was killed inside. (Photo: AFP)

Khashoggi death: Saudi govt issues charges but exonerate crown prince

US placed sanctions on 17, including two top aides of Prince Mohammed as well as the Istanbul consul general at the time...

16 Nov 2018 7:31 AM GMT

In May 2016, India, Iran and Afghanistan had inked a pact which entailed the establishment of Transit and Transport Corridor among the three countries using Chabahar Port as one of the regional hubs for sea transportation in Iran. (Photo: File | AP)

India exempted from certain US sanctions over Chabahar port in Iran

US on Monday imposed 'the toughest ever' sanctions on a defiant Iran aimed at altering the Iranian regime's 'behaviour'.

7 Nov 2018 3:59 AM GMT

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.

Iran offers India oil cargo insurance, ships to boost sales: sources

IOC is seeking to buy August cargoes from Tehran on similar terms, with Iran responsible for the delivery to Indian...

27 July 2018 8:56 AM GMT

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

India has taken note of US sanctions on Iran, says Dharmendra Pradhan

In 2017-18, India bought 22.6 million tonnes of crude oil from Iran, Pradhan said.

25 July 2018 11:45 AM GMT

Iran will respond with equal countermeasures if the United States tries to block its oil exports, the foreign ministry in Tehran said on Tuesday. (Photo: AFP)

Will respond in kind if US tries to block oil exports, says Iran

US officials are stepping up diplomatic efforts to pressure countries to stop importing Iranian oil.

24 July 2018 11:33 AM GMT

Indias dependence on Russia for its military hardware has experienced sustained reduction over the last one decade. At the same time, Indias defence trade with the US has increased. (Photo: PTI | Representational)

US proposes waivers for countries like India from Russia sanctions

CAATSA waiver is intended at preventing US sanctions on India, which is planning to buy five S-400 Triumf air defence...

24 July 2018 6:59 AM GMT

Iranian Foreign Minister Mohammad Javad Zarif. (Photo: AFP)

Iran lodges complaint against US over renewed sanctions

Iran is committed to the rule of law in the face of US contempt for diplomacy and legal obligations.

17 July 2018 10:03 AM GMT

The oil ministry held a meeting with refiners on Thursday, urging them to scout for alternatives to Iranian oil, the sources said.

India, Iran discuss possible impact on bilateral oil trade amid US...

Issue figured during 15th round of Foreign Office Consultations between 2 nations; implementation of Chabahar port...

16 July 2018 3:37 PM GMT