• Tag results for Iran Oil

India in touch with EU over alternative payment mechanism for Iran oil imports: Sources

So far, the 28-nation bloc has not put forward a concrete proposal for making payments to Iran for buying of oil.

published on : 20th September 2018

Hoping for US waiver, India tries to keep Iran oil flowing

China, the largest importer of Iranian oil, is negotiating a similar arrangement.

published on : 15th September 2018

IOC books Iranian oil imports for October; uncertain about future

US sanctions against Iran kick in from November, which will block payment routes.

published on : 12th September 2018

Ahead of US sanctions, Iraq replaces Saudi as top oil supplier to India in August: Data

The United States is reimposing sanctions on Iran following Washington's decision in May to withdraw from a 2015 international deal aimed at curbing Tehran's nuclear programme.

published on : 11th September 2018

Oil prices climb as US drilling stalls, Iran sanctions loom

While Washington exerts pressure on other countries to also cut imports from Iran, it is also urging other major producers to raise their output in order not to create too strong of a price hike

published on : 10th September 2018

India, US in very detailed talks about halting Iran oil imports: State Department

The United States and India are engaged in very detailed conversations over Washington's request to completely stop India's oil imports from Iran.

published on : 6th September 2018

Oil import from Iran: India, US hold crucial talks

The US delegation is in India as part of the Trump administration's efforts to reach out to countries who are major importers of oil from Iran.

published on : 17th July 2018

Iran warns OPEC against raising oil output

The US State Department announced in June that the US had been pushing its allies to stop oil imports from Iran by November 4.

published on : 17th July 2018

U.S. to consider waivers on Iran sanctions

The Trump administration is pushing countries to cut all imports of Iranian oil from November, when the United States reimposes sanctions against Tehran.

published on : 17th July 2018

India's Iranian oil imports in June fall as sanctions fears bite: Sources

In June, India imported 592,800 barrels per day (bpd) of oil from Iran compared to 705,200 bpd in May, the data showed.

published on : 11th July 2018

India hopes to engage with US on Iran oil imports

As per sources, India is hoping to hold engagement on this subject with the US within the span of a month but it is unlikely for the US to grant a waiver.

published on : 4th July 2018

Iran oil payment route to be blocked from November

US President Donald Trump had last month pulled out of a landmark nuclear deal and said sanctions will be re-imposed on Iran within 180 days.

published on : 15th June 2018

Iranian tanker sinks engulfed in flames, official says no hope of survivors

The tanker carrying 136,000 tonnes of light crude oil from Iran, has been in flames since colliding with a Hong Kong-registered bulk freighter, 160 nautical miles east of Shanghai on January 6.

published on : 14th January 2018