Persuaded India, S Korea to cut back on Iranian oil: Hillary Clinton

Democratic presidential front- runner Hillary Clinton on Wednesday came out in strong support of the nuclear deal with Iran, describing how she as the top American diplomat persuaded energy-hungry countries like India and South Korea to cut back on their dependence on Iranian oil.

India to benefit from oil price fall post-Iran deal: Pradhan

International oil prices will come down with the imminent lifting of sanctions against Iran and benefit India, Petroleum Minister Dharmendra Pradhan said Wednesday.

India to benefit from breakthrough in Iranian Nuke standoff

India was paying 45 percent of bills against Iranian oil imports in rupee through a UCO Bank account.

India slashes Iran oil imports in January trade

India slashed imports of Iranian oil in January as New Delhi scrambled to bring its purchases from the OPEC member in line with 2013 levels, according to data obtained from trade sources and ship tracking data on the Thomson Reuters terminal.

India asks refiners to cut Iran oil imports ahead of Obama visit: Sources

India has asked its refiners to slash oil buys from Iran in the next two months to keep the imports in line with the previous fiscal year`s levels, sources with knowledge of the matter said, days ahead of President Barack Obama`s visit to New Delhi.

India oil imports from Iran jump sharply in 2014

The jump came with an end-of-the-year boost as imports in December surged 84 percent from a year ago to 348,400 barrels per day (bpd), the highest since March.

India imports 38% more Iranian oil in Jan-Nov -trade

India imported about 38 percent more oil from Iran in the eleven months to November as an easing of Western sanctions earlier in the year over Tehran`s disputed nuclear activities helped boost shipments, trade sources said.

India ships in 50% more Iranian oil in Jan-Aug

Indian imports of Iranian oil rose by nearly half to 271,000 barrels per day (bpd) in January-August from a year ago, when refineries cut purchases due to worries about insurance coverage for processing crude from Tehran, data from trade sources shows.

Iran asks India for $1.5 billion in oil payments under nuclear deal: Sources

Iran has asked India for USD 1.5 billion in back oil payments under the nuclear deal that provides Tehran some relief from Western sanctions, Indian sources with direct knowledge of the matter said on Thursday.

India imports 6.74 million tons of oil from Iran

India imported 6.74 million tonnes of crude oil from Iran during the first nine months of current fiscal, the Lok Sabha was informed Friday.

India may cut Iranian oil imports by 15% y/y in 2014/15

India may cut Iranian oil imports by 15 percent in 2014/15 from the current fiscal year`s target, if western sanctions on Iran are not eased and the situation remains the same, a senior oil ministry official said on Tuesday.

Six months relief for India, countries importing oil from Iran

India and other major Iranian oil importing countries have got six months relief from reducing their import after the Islamic Republic agreed to curb parts of its disputed nuclear programme.

Tough for India & others to curtail oil imports from Iran: US

India, China and other countries that have been cutting their oil imports from Iran have reached a point where it is "very very difficult" to reduce any further without seriously impacting their economies, US Secretary of State John Kerry has told lawmakers.

US exempts India, China from Iranian sanctions

The US on Friday exempted some countries, including India and China, from the tough Iranian sanctions act as they continue to reduce their dependence on Iranian oil.

Asia's Iran oil imports fall, may rise after nuclear deal

In the first ten months, China's purchases from Iran were down 3.4 percent at 409,976 bpd.

Indian team to visit Iran to discuss oil payment mechanism

India will shortly send a delegation to Iran to discuss oil payment mechanism after the historic accord between western super powers and the Persian Gulf state made it easier to import crude oil.

India's Iran oil imports drop as refiners await insurance fund

India`s imports of Iranian oil have fallen to 194,000 barrels per day (bpd) for January-September.

Greek national blacklisted for dealing in Iranian oil

The United States today imposed sanctions on a Greek businessman who allegedly helped Iran evade international oil embargo.

US set to extend waivers on Iran oil sanctions

Two officials said an announcement of the six-month extensions was expected from the State Department today.

Supply of Iranian crude: Talks heading in positive direction

The insurers have agreed for USD 50 million coverage per voyage for risk like collision and oil spills, they said.