India’s Iran oil purchases to fade ahead of US Sanctions

Indian refiners will cut their monthly crude loadings from Iran for September and October by nearly half from earlier this year as New Delhi works to win waivers on the oil export sanctions Washington plans to reimpose on Tehran in November. India’s loadings from Iran…

Iran becomes India’s No 2 oil supplier, ahead of Saudi Arabia

iran was the second-biggest oil supplier to Indian state refiners between April and June, India’s oil minister said on Monday, replacing Saudi Arabia as companies took advantage of steeper discounts offered by Tehran. India, Iran’s top oil client after China, shipped in 5.67 million tonnes…