Big oil relief soon? What Trump’s possible ‘unsanctioning’ of Iran crude means for India

India has not been buying crude oil from Iran since mid-2019 after the US ended waiver for sanctions on Iran crude.

19 Mar, 16:50 — 19 Mar, 16:50

Sources

Showing 1 of 1 sources

Big oil relief soon? What Trump’s possible ‘unsanctioning’ of Iran crude means for India

India has not been buying crude oil from Iran since mid-2019 after the US ended waiver for sanctions on Iran crude. Around 35-40% of India’s crude oil needs are met through cargoes that make their way towards Asia through the Strait of Hormuz.

By TOI BUSINESS DESK

Read full article →

Big oil relief soon? What Trump’s possible ‘unsanctioning’ of Iran crude means for India

Sources

Big oil relief soon? What Trump’s possible ‘unsanctioning’ of Iran crude means for India

Related Stories

Baidu Completes Conversion to Dual-Primary Hong Kong Listing

OpenAI and Apple Trade Accusations in Ongoing Trade Secrets Litigation

Hyundai Motor Union Approves Wage Deal Ending Months of Labor Strife

Shein Shares Drop 10 Percent in Hong Kong Stock Exchange Debut