
India Dismisses Reports of Oil Payment Issues with Iran Amid Resumed Purchases
India, the world's third-biggest oil importer, has dismissed reports of payment issues with Iran, stating that changes in vessel destinations are common in global oil trade, following its first purchase of Iranian oil in seven years.
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Read full article →India makes first Iranian oil buy in seven years with no payment problems
Read full article →India makes first oil purchase from Iran in 7 years with no payment hurdle
Amid Middle East supply disruptions, Indian refiners have resumed Iranian crude oil purchases after a seven-year hiatus, securing their energy needs. The government confirmed no payment hurdles exist for these imports, assuring India's crude oil requirements for the coming months are fully met. This strategic shift diversifies sourcing amidst global supply chain challenges.
By TOI BUSINESS DESK
Read full article →Why India-bound Iran oil shipment rerouted mid-voyage to China? Centre explains
The petroleum ministry explained that such mid-voyage changes are not unusual in the oil trade. Cargo destinations, it said, are often indicative.
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Washington, April 5 (IANS) Chinese firms are using artificial intelligence and open-source data to track US military movements during the Iran war, raising fresh concerns in Washington about emerging battlefield surveillance risks, a media report sai
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