Iranian Crude Oil
Business  /  Published 22.01.21

Move to tap Iran crude oil

India plans to keep the option open of resuming crude purchase from Tehran and will closely monitor the steps taken by the Biden administration on the Iran nuclear issue. Petroleum minister Dharmendr...
By Our Special Correspondent in New Delhi

India  /  Published 24.05.19

Stopped: Iran oil import

India has stopped importing oil from Iran since the American waivers granted to eight buyers expired early this month, New Delhi’s envoy here said on Thursday.Indian ambassador Harsh Vardhan Shringl...
By PTI in Washington

Business  /  Published 07.05.19

Concern over costly crude

India is weighing a number of options to secure additional crude oil to compensate for the loss of cheap Iranian supplies due to US sanctions.Oil producers, however, are expected to seek a premium for...
By R. Suryamurthy in New Delhi

Business  /  Published 12.11.18

Rupee falls below 73 against US dollar

The rupee weakened further and dipped by 54 paise to 73.04 against the US dollar on Monday, owing to increased demand for the American currency from importers amid increasing global crude oil prices.I...
By PTI in Mumbai

Business  /  Published 14.11.18

India open to importing more oil from US

India had started importing crude from the US from 2015 after a ban imposed in 1974 was lifted by President Obama. Sources said GAIL was exploring more gas import contracts. Similarly, Indian state-ru...
By Jayanta Roy Chowdhury in New Delhi


Business  /  Published 03.03.19

Fresh drill for US crude breather

India and the US have started negotiations to extend the 180-day waiver by Washington on the purchase of Iranian crude in November.Sources said the Trump administration wanted New Delhi to reduce crud...
By R. Suryamurthy in New Delhi

India  /  Published 14.05.19

Sushma to Iran: Next govt will decide on oil

India is learnt to have told Tehran on Tuesday that only the new government, expected to be in place before the month ends, can take any decision on buying oil from Iran in the wake of Washington’s ...
By Our Special Correspondent in New Delhi

Opinion  /  Published 26.04.19

India should not capitulate on Iran oil issue

Stormy ties between Iran and the United States of America seem to be creating turbulence on other shores. In a bid to put further pressure on Tehran, Washington — nothing short of a change in regime...
By The Editorial Board

Business  /  Published 22.04.19

Bid to bridge crude gap

State-owned refiners are working out an alternative strategy to fill up the void as Washington goes ahead with its plan to tighten sanctions on Iran by ending the waiver for Tehran crude from May 2. T...
By Our Special Correspondent in New Delhi

Business  /  Published 26.04.19

Saudi crude bridge

India is negotiating with Saudi Arabia and the UAE for crude on term contracts to make up for a shortfall in Iranian oil because of the withdrawal of the waivers by the US.“Talks are on with Saudi A...
By R. Suryamurthy in New Delhi


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