India bought about 184,000 barrels per day (bpd) oil from the United States over November 2018 to May 2019.
25 Jun 2019 12:10 PM
Iran has remained a major export destination for Indian Basmati rice and the industry's concentration on Iran has only magnified in FY2019.
29 Apr 2019 2:35 AM
Iran's supreme leader called the end of oil sanction waivers by the United States a hostile measure that won't be left without a response.
24 Apr 2019 6:15 PM
Modi said those who have been levelling false allegations have found themselves in the dock.
23 Apr 2019 1:40 PM
The US will dramatically accelerate its pressure campaign on the Iranian regime until its leaders change their destructive behaviour.
22 Apr 2019 7:25 PM
US officials were constantly assessing global oil markets to determine the way forward with Iran sanctions waivers.
14 Mar 2019 10:16 AM
A softening of oil prices has also eased the pressure on the Indian rupee.
03 Nov 2018 1:51 AM
However, analysts said any potential Iranian oil sanction waivers would likely only be temporary.
02 Nov 2018 1:36 PM
The Reserve Bank of India (RBI) has given its nod to Iranian Bank Pasargad to set up a branch in Mumbai.
01 Nov 2018 10:48 AM
Indian Oil Corp will lift 6 mn barrels of Iran oil and Mangalore Refinery and Petrochemicals Ltd 3 mn barrels, a report said.
05 Oct 2018 8:34 PM
Washington is pushing allies to cut Iranian oil imports to zero once the sanctions start on November 4.
28 Sep 2018 10:17 AM
IOC is seeking to buy August cargoes from Tehran on similar terms, with Iran responsible for the delivery to Indian ports.
27 Jul 2018 2:26 PM
US officials are stepping up diplomatic efforts to pressure countries to stop importing Iranian oil.
24 Jul 2018 5:03 PM