US decision to end Iran oil waivers hurt India’s bottom line: Envoy
MNA – India’s Ambassador to US said the decision of the United States to stop issuing waivers for the purchase of Iranian…
Tag Archives: Iran-India oil trade
Modi govt plans to resume oil imports from Iran, skirt US sanctions
The Print – New govt plans to hold talks with Iran at the earliest to discuss ways to resume oil imports and…
ONGC arm delays plan to invest in Iran gas field after US sanctions
Business Standard – The investment plan of ONGC Videsh (OVL) on Iran’s Farzad-B gas field in the Persian Gulf seems to have…
India says in talks with US on import of Iranian oil
MNA – India said on Thursday it was engaged in talks with the US over extending a waiver beyond May 4 for…
India imports 270,500 bpd of Iranian oil in January
Tehran Times – India imported 270,500 barrels per day (bpd) of oil from Iran in January, ship tracking data reviewed by Reuters…
India to share Iran oil with state refiners
MNA – India will not share the limited supply of Iranian crude allowed under a US waiver from sanctions with private refiners,…
Indian refiners pay for Iranian oil in rupees – UCO Bank executive
Reuters – India has begun paying Iran for oil in rupees, a senior bank official said on Tuesday, the first such payments…
Iran crude vital for sustaining balance in oil trade
MNA – Iranian crude in the global market is extremely important for sustaining a balance in oil trade, says Sanjiv Singh, chairman…
India to continue Iranian oil imports via rupees: envoy
MNA – India’s ambassador Saurabh Kumar said on Saturday that his country will continue importing Iranian oil with the help of the…
Iran falls to sixth biggest oil supplier to India in November, from fourth in October
Reuters – India’s monthly oil imports from Iran plunged to their lowest in a year in November with Tehran dropping two places…
Russian crude oil exports to India could increase when Iran sanctions waiver expires
S&P Global Platts – Russian crude oil exports to India are set to increase in the near future, and could become more…
India’s oil imports from Iran rise 36% in face of US bans
Press TV – India has reported a whopping jump in oil imports from Iran in October in face of US sanctions that…
Indian Oil Corp says to buy 180,000 bpd Iranian oil in 2018/19
Reuters – India’s biggest state-owned crude oil refiner Indian Oil Corp Ltd aims to lift full volumes under its 2018/19 annual contract…
India to pay Iran in rupees for oil imports
Press TV – India and Iran are finalizing details of a mechanism which will allow New Delhi to pay for Iranian oil…
Minister: India to purchase Iran’s oil in rupee
IRNA – Indian oil minister said that in order to revive the trade mechanism in rupee, his country will soon sign an…
India reportedly granted waiver from Iran sanctions
Tasnim – Indian oil companies will continue to import about 2.5 million tons of oil a month till March from Iran, Indian…
Why continued Indian engagement with Iran is in America’s interest
The Diplomat | Zoe Leung and Hari Prasad: Though President Donald Trump’s decision to withdraw the United States from the Iran nuclear deal has…
MRPL expects India to get waiver from U.S. sanctions on Iran this month: official
Reuters – India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) expects India to get a waiver from U.S. sanctions on Iranian oil exports…
‘It’s not helpful’: US warns India against buying Iran oil, Russian S-400s
Sputnik – On Thursday, US President Donald Trump promised that India will soon see his decision on punitive measures after New Delhi…
US brinkmanship presents serious challenge for both Iran and India
IRNA- A distinguished professor for diplomacy and disarmament at the Jawaharlal Nehru University (JNU), New Delhi believes that the US brinkmanship on…
India will keep buying Iranian crude despite the threat of US sanctions, oil minister says
CNBC – Two Indian oil companies have placed orders to import Iranian crude next month, Oil Minister Dharmendra Pradhan said Monday, defying a call…
India mulls ditching dollar in oil trade with Russia, Iran, Venezuela – Reports
Sputnik – This week, Russian President Vladimir Putin called Washington’s sanctions policy a “colossal strategic mistake” which has only served to undermine…
U.S. oil exports fall as India turns to Iran ahead of sanctions
Reuters – Indian buyers reduced U.S. crude purchases and loaded up on Iranian oil ahead of the restart of U.S. sanctions next…
India should continue buying oil from Iran: Shashi Tharoor
Money Control – Congress MP Shashi Tharoor on October 3 said the country should make efforts to continue oil supplies from Iran…
India will continue to buy Iran’s oil: Iranian foreign minister
Reuters – India is committed to buying Iranian oil and continuing the two nations’ economic cooperation, the Iranian foreign minister said after…
Reuters claims India’s Iran oil purchases to fade ahead of US sanctions
MNA – Reuters claimed Indian refiners will cut their monthly crude loadings from Iran for September and October by nearly half from…
Notion of zero imports of Iranian oil to India ‘economically, politically unrealistic’
MNA – Director of Contemporary South Asian Studies Program at University of Oxford, Kate Sullivan de Estrada, said in an interview that…
2+2 talks in India: Futile in terms of US’ anti-Iran sanctions
IRNA – The recent meeting of the US Secretary of Defense James Mattis and Secretary of State Mike Pompeo with the ir…
India may not be able to cut Iranian oil imports, despite U.S. sanctions demands
CNBC | Natasha Turak: Washington’s demand for countries to cut all Iranian oil imports is going to be a massive headache for…
U.S., India in ‘very detailed’ talks about halting Iran oil imports: State Department official
Reuters – The United States and India are engaged in “very detailed conversations” over Washington’s request to completely stop India’s oil imports…
India allows state refiners to use Iran tankers, insurance for oil imports
Reuters – India is allowing state refiners to import Iranian oil with Tehran arranging tankers and insurance after firms including the country’s…
India loaded 12 pct less Iranian oil in June vs May on sanctions fear
Reuters – Indian refiners ordered about 12 percent less Iranian oil in June than in May, when the U.S. said it would…
Iran reportedly providing ships, insurance for oil exports to India
Press TV – India’s media say Iran has started to provide insurance coverage to oil shipments to India so as to continue…
India has taken note of US sanctions on Iran: Oil Minister Dharmendra Pradhan
Economic Times – India has taken note of the US reimposing economic sanctions on Iran, the nation’s second-biggest supplier of crude oil,…
India and China could mitigate damage for Iran
Oilprice.com | Nick Cunningham: How much oil from Iran will be disrupted because of U.S. sanctions? American officials have gone back and…
German minister requests India to keep buying Iran’s oil, despite US pressure
Tasnim – The German minister of state for International Affairs Neils Annen in an interview with Indian TV on Wednesday expressed hope…
Iran, India serious about advancing ties
MNA – Iranian Deputy Foreign Minister for Political Affairs Seyed Abbas Araghchi said that Iran and India are serious about advancing bilateral…
India determined to save Iran nuclear deal: Araqchi
Press TV – Iranian Deputy Foreign Minister Abbas Araqchi says India is determined to maintain the Joint Comprehensive Plan of Action (JCPOA.) “India is resolved…
Iran says will strive to ensure oil supplies to India
Reuters – Iran will do its best to ensure security of oil supply to India by offering “flexible measures” to boost bilateral…
India ‘likely’ to abolish rials-rupee trade agreement with Iran
MNA – In the wake of US pressures, India will likely cancel rials-rupee trade agreement with Iran, which was inked three years…