Iranian Oil Imports
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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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Crude Prices For Asian Imports From Iran Rise: Report
Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $4.70 a barrel above the Oman/Dubai average for April, up $2.05 from the previous month, an industry source with direct knowledge of the matter said on Wednesday.
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Oil Soars Above $130 To Highest Since 2008
Oil prices soared above $130, their highest since 2008 on Monday, after a US and European ban on Russian oil imports risk and delays in Iranian talks.
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US Has Reached Out To China About Cutting Oil Imports From Iran: Report
The United States has reached out to China diplomatically about reducing its purchases of Iranian crude oil, U.S. and European officials said on Tuesday, as Washington seeks to persuade Tehran to resume talks about reviving the 2015 nuclear deal.
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Oil Refiners Set To Curb Spot Buying To Make Room For Iranian Oil
Several state refiners, whose refineries are suited to the crude, have committed to buy Iranian oil once sanctions are lifted. State-run Bharat Petroleum Corp, which plans to tap the spot market for 45 per cent of its overall imports, will buy Iranian oil if sanctions are lifted
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Sensex, Nifty Slip As Oil Jumps After US Air Strikes In Middle East
Brent crude futures jumped to their highest since September 17 and were last up 2.88 per cent at $68.16 a barrel. The rupee weakened by 0.26 per cent to 71.5525 against the dollar. India, the world's third-biggest oil consumer, imports about 80 per cent of its oil needs, making it highly susceptible to crude price swings.
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US' Decision To End Iran Oil Waivers Hurt India's Bottom Line: Envoy
The decision of the United States to stop issuing waivers for the purchase of Iranian oil has hurt India's bottom line and New Delhi hopes that Washington will show similar flexibility in issues it considers important, India's Ambassador to the US Harsh Vardhan Shringla said on Tuesday.
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China Oil Trader Sanctioned For Violating Iran Restrictions: Mike Pompeo
The United States is placing a leading Chinese oil importer on its sanctions blacklist for trading in Iranian crude, Secretary of State Mike Pompeo announced Monday.
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China Will Continue To Import Iranian Oil, Says Official
China said Friday it would import Iranian oil in defiance of US sanctions on Tehran, a day before US and Chinese leaders are to meet to try to resolve thorny trade disputes.
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US Will Sanction Any Country That Imports Iranian Oil: Special Envoy
The United States will sanction any country that imports Iranian oil and there are no exemptions in place, the US special envoy for Iran said on Friday.
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On Iranian Oil Import, A US Warning To India, China
Any efforts to import Iranian crude oil beyond the accepted levels negotiated from November to May will be sanctioned, the US has warned, amidst reports that India and China were seeking ways to buy oil from Tehran.
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US Rules Out Sanction Exemptions To Countries From Iranian Oil Import
The US has ruled out giving any exemption from its punitive sanctions to countries, including India, for buying oil from Iran, saying America's maximum pressure campaign was working and the Trump administration remains "unwavering" in its tough policy on Tehran.
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India Stopped Purchasing Iranian Oil After US Waivers Expired: Envoy
India has stopped importing oil from Iran after American waivers granted to eight buyers expired early this month, New Delhi's envoy in Washington has said, becoming the latest country to comply with the US sanctions on Tehran over its nuclear programme.
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India Has Ended Iranian Oil Imports, Haven't Imported Any: Envoy
India has ended all imports of oil from Iran, Ambassador Harsh Vardhan Shringla in Washington said on Thursday, becoming the latest country to grudgingly comply with threatened US sanctions.
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Centre To Decide On Resuming Iranian Oil Buy After Elections: Report
India told Iran on Tuesday it will decide on its oil imports after elections end this month, in line with its economic interests, a government source said.
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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.
-
Crude Prices For Asian Imports From Iran Rise: Report
Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $4.70 a barrel above the Oman/Dubai average for April, up $2.05 from the previous month, an industry source with direct knowledge of the matter said on Wednesday.
-
Oil Soars Above $130 To Highest Since 2008
Oil prices soared above $130, their highest since 2008 on Monday, after a US and European ban on Russian oil imports risk and delays in Iranian talks.
-
US Has Reached Out To China About Cutting Oil Imports From Iran: Report
The United States has reached out to China diplomatically about reducing its purchases of Iranian crude oil, U.S. and European officials said on Tuesday, as Washington seeks to persuade Tehran to resume talks about reviving the 2015 nuclear deal.
-
Oil Refiners Set To Curb Spot Buying To Make Room For Iranian Oil
Several state refiners, whose refineries are suited to the crude, have committed to buy Iranian oil once sanctions are lifted. State-run Bharat Petroleum Corp, which plans to tap the spot market for 45 per cent of its overall imports, will buy Iranian oil if sanctions are lifted
-
Sensex, Nifty Slip As Oil Jumps After US Air Strikes In Middle East
Brent crude futures jumped to their highest since September 17 and were last up 2.88 per cent at $68.16 a barrel. The rupee weakened by 0.26 per cent to 71.5525 against the dollar. India, the world's third-biggest oil consumer, imports about 80 per cent of its oil needs, making it highly susceptible to crude price swings.
-
US' Decision To End Iran Oil Waivers Hurt India's Bottom Line: Envoy
The decision of the United States to stop issuing waivers for the purchase of Iranian oil has hurt India's bottom line and New Delhi hopes that Washington will show similar flexibility in issues it considers important, India's Ambassador to the US Harsh Vardhan Shringla said on Tuesday.
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China Oil Trader Sanctioned For Violating Iran Restrictions: Mike Pompeo
The United States is placing a leading Chinese oil importer on its sanctions blacklist for trading in Iranian crude, Secretary of State Mike Pompeo announced Monday.
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China Will Continue To Import Iranian Oil, Says Official
China said Friday it would import Iranian oil in defiance of US sanctions on Tehran, a day before US and Chinese leaders are to meet to try to resolve thorny trade disputes.
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US Will Sanction Any Country That Imports Iranian Oil: Special Envoy
The United States will sanction any country that imports Iranian oil and there are no exemptions in place, the US special envoy for Iran said on Friday.
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On Iranian Oil Import, A US Warning To India, China
Any efforts to import Iranian crude oil beyond the accepted levels negotiated from November to May will be sanctioned, the US has warned, amidst reports that India and China were seeking ways to buy oil from Tehran.
-
US Rules Out Sanction Exemptions To Countries From Iranian Oil Import
The US has ruled out giving any exemption from its punitive sanctions to countries, including India, for buying oil from Iran, saying America's maximum pressure campaign was working and the Trump administration remains "unwavering" in its tough policy on Tehran.
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India Stopped Purchasing Iranian Oil After US Waivers Expired: Envoy
India has stopped importing oil from Iran after American waivers granted to eight buyers expired early this month, New Delhi's envoy in Washington has said, becoming the latest country to comply with the US sanctions on Tehran over its nuclear programme.
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India Has Ended Iranian Oil Imports, Haven't Imported Any: Envoy
India has ended all imports of oil from Iran, Ambassador Harsh Vardhan Shringla in Washington said on Thursday, becoming the latest country to grudgingly comply with threatened US sanctions.
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Centre To Decide On Resuming Iranian Oil Buy After Elections: Report
India told Iran on Tuesday it will decide on its oil imports after elections end this month, in line with its economic interests, a government source said.
