India Iran Oil Supply
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"We Are Ready To Deliver Oil": Iranian Ambassador To India
Iranian Envoy Dr Iraj Elahi on Friday said despite US sanctions Tehran is ready to supply oil to India as both countries have close ties.
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Oil Prices Reverse Losses And Rises To Over $105 A Barrel
Oil prices reverse early losses and rise to over $105 a barrel on Monday in volatile trade as supply concerns continue from the Ukraine war and the lack of clarity on Iran oil, despite expected supply boost from the release of strategic reserves by the US and the International Energy Agency (IEA).
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Saudi To Meet Any Oil Supply Shortage To India From Other Sources: Envoy
Notwithstanding the biggest-ever attacks on its oil facilities, Saudi Arabia has said it is committed to meet India's energy security needs and will work constructively with other oil producers to maintain market stability.
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US Can't Ensure Cheaper Oil Supplies To India, Says Trade Secretary
The US government will not ensure sale of its oil to India at cheaper rates as the commodity is controlled by private companies, US commerce secretary Wilbur Ross said on Monday.
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Ready To Deal With Impact Of US Sanctions On Iran, Says India
India is ready to deal with the impact of US sanctions against Iran and will get extra supplies from other oil producing countries to compensate for loss of Iranian oil, foreign ministry spokesman Raveesh Kumar said today.
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Less Than 100 Hours Before Iran Sanctions, US Tight-Lipped About India
US President Donald Trump said on Wednesday in a presidential memorandum that he had determined there was sufficient supply of petroleum and petroleum products for countries to "significantly" reduce their purchase of crude oil from Iran, which is going face US sanctions from November 5.
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Trump Administration Split Amid India, China Resistance To Iran Sanctions
Shortly after US President Donald Trump announced in May he would reimpose sanctions on Iran, the State Department began telling countries around the world the clock was ticking for them to cut oil purchases from the Islamic Republic to zero. The strategy is meant to cripple Iran's oil-dependent economy and force Tehran to quash not only its nuclea...
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Saudi Arabia To Supply Extra Oil To India Amid US Sanctions On Iran: Report
This indicates a willingness by Saudi Arabia to increase crude supply to make up the shortfall once sanctions by the United States on Iran start up on November 4.
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India Should Continue Buying Oil From Iran: Shashi Tharoor
Congress parliamentarian Shashi Tharoor on Wednesday said the country should make efforts to continue oil supplies from Iran against the backdrop of US sanctions as Iranian oil is the cheapest it could get.
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Exploring Alternatives For Iranian Oil For "Our Friend India", Says US
With a tougher round of US sanctions on Iran coming into effect from November 4, a top Trump administration official said Washington recognises India's need for significant oil imports and is having conversations to ensure there are alternative supplies of the fuel "so that our friend India's economy is not adversely affected".
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Iran Replaces Saudi Arabia As 2nd Largest Oil Supplier To India
Iran was the second-biggest oil supplier to Indian state refiners between April and June, India's oil minister Dharmendra Pradhan said today, replacing Saudi Arabia as companies took advantage of steeper discounts offered by Tehran.
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Trump Or Cheap Iran Oil: PM Modi's Dilemma After US Embargo
The U.S. embargo on Iran oil shipments has put Prime Minister Narendra Modi in a quandary. If he plays along, India could find itself on the right side of President Donald Trump on trade but lose cheap supplies and precious foreign exchange.
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Whatever In National Interest Will Be Done: India On Import Of Iran Oil
Amid concerns over the import of oil from Iran following US sanctions, India today said whatever is mandated to be done in its national interest will be done.
-
India Imports Record-Level Oil From US Ahead Of Sanctions On Iran
US crude oil exports to India hit a record in June and so far this year are almost double last year's total as the country's refiners move to replace supplies from Iran and Venezuela in a win for the Trump administration.
-
Iran Assures India On Oil Supply Day After Diplomat's Warning
Iran today said it will do its best to ensure security of oil supply to India, asserting that it has been a reliable energy partner for New Delhi.
-
"We Are Ready To Deliver Oil": Iranian Ambassador To India
Iranian Envoy Dr Iraj Elahi on Friday said despite US sanctions Tehran is ready to supply oil to India as both countries have close ties.
-
Oil Prices Reverse Losses And Rises To Over $105 A Barrel
Oil prices reverse early losses and rise to over $105 a barrel on Monday in volatile trade as supply concerns continue from the Ukraine war and the lack of clarity on Iran oil, despite expected supply boost from the release of strategic reserves by the US and the International Energy Agency (IEA).
-
Saudi To Meet Any Oil Supply Shortage To India From Other Sources: Envoy
Notwithstanding the biggest-ever attacks on its oil facilities, Saudi Arabia has said it is committed to meet India's energy security needs and will work constructively with other oil producers to maintain market stability.
-
US Can't Ensure Cheaper Oil Supplies To India, Says Trade Secretary
The US government will not ensure sale of its oil to India at cheaper rates as the commodity is controlled by private companies, US commerce secretary Wilbur Ross said on Monday.
-
Ready To Deal With Impact Of US Sanctions On Iran, Says India
India is ready to deal with the impact of US sanctions against Iran and will get extra supplies from other oil producing countries to compensate for loss of Iranian oil, foreign ministry spokesman Raveesh Kumar said today.
-
Less Than 100 Hours Before Iran Sanctions, US Tight-Lipped About India
US President Donald Trump said on Wednesday in a presidential memorandum that he had determined there was sufficient supply of petroleum and petroleum products for countries to "significantly" reduce their purchase of crude oil from Iran, which is going face US sanctions from November 5.
-
Trump Administration Split Amid India, China Resistance To Iran Sanctions
Shortly after US President Donald Trump announced in May he would reimpose sanctions on Iran, the State Department began telling countries around the world the clock was ticking for them to cut oil purchases from the Islamic Republic to zero. The strategy is meant to cripple Iran's oil-dependent economy and force Tehran to quash not only its nuclea...
-
Saudi Arabia To Supply Extra Oil To India Amid US Sanctions On Iran: Report
This indicates a willingness by Saudi Arabia to increase crude supply to make up the shortfall once sanctions by the United States on Iran start up on November 4.
-
India Should Continue Buying Oil From Iran: Shashi Tharoor
Congress parliamentarian Shashi Tharoor on Wednesday said the country should make efforts to continue oil supplies from Iran against the backdrop of US sanctions as Iranian oil is the cheapest it could get.
-
Exploring Alternatives For Iranian Oil For "Our Friend India", Says US
With a tougher round of US sanctions on Iran coming into effect from November 4, a top Trump administration official said Washington recognises India's need for significant oil imports and is having conversations to ensure there are alternative supplies of the fuel "so that our friend India's economy is not adversely affected".
-
Iran Replaces Saudi Arabia As 2nd Largest Oil Supplier To India
Iran was the second-biggest oil supplier to Indian state refiners between April and June, India's oil minister Dharmendra Pradhan said today, replacing Saudi Arabia as companies took advantage of steeper discounts offered by Tehran.
-
Trump Or Cheap Iran Oil: PM Modi's Dilemma After US Embargo
The U.S. embargo on Iran oil shipments has put Prime Minister Narendra Modi in a quandary. If he plays along, India could find itself on the right side of President Donald Trump on trade but lose cheap supplies and precious foreign exchange.
-
Whatever In National Interest Will Be Done: India On Import Of Iran Oil
Amid concerns over the import of oil from Iran following US sanctions, India today said whatever is mandated to be done in its national interest will be done.
-
India Imports Record-Level Oil From US Ahead Of Sanctions On Iran
US crude oil exports to India hit a record in June and so far this year are almost double last year's total as the country's refiners move to replace supplies from Iran and Venezuela in a win for the Trump administration.
-
Iran Assures India On Oil Supply Day After Diplomat's Warning
Iran today said it will do its best to ensure security of oil supply to India, asserting that it has been a reliable energy partner for New Delhi.
