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Indian purchases of Iranian crude increased from 12.7 million tonnes in 2015-16 to 27.2 mt the next fiscal. Today, Iran is Indias third largest oil supplier after Iraq and Saudi Arabia. (Representational Image | AP)

Iran says despite US sanctions, it has found new 'potential' oil...

Washington seeks to bring Iranian oil exports to zero in order to curb Tehran's missile and nuclear programs.

5 Jan 2019 9:31 AM GMT

Oil prices rise on US stimulus hopes. (AFP Photo)

Oil prices edge higher on expected US stimulus, weak dollar

The US dollar dropped to its lowest in nearly two years against a basket of six other major currencies on back of a...

28 July 2020 3:32 AM GMT