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Iran sanction News

22 Oct 2018

Brent oil rises back above $80 as Iran sanctions loom

OPEC agreed in June to boost supply to make up for the expected disruption to Iranian exports.

Indian oil companies

15 Oct 2018

This is India's plan to make up for shortfall from Iran Oil

India had contracted to import about 25 million tonnes of crude oil from Iran in the fiscal year 2018-19 (April 2018 to March 2019), up from 22.6 million tonnes imported in 2017-18.

08 Oct 2018

Oil drops to around $83 on expectations Iran will maintain some exports

Two companies in India, a big buyer of Iranian oil, have ordered barrels in November, India`s oil minister said on Monday.

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