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India oil import

23 Apr 2019

India to get extra oil from major producers to make up for loss of Iranian oil

Pradhan said on Twitter that India has put in place a robust plan for adequate supply of crude oil to refineries.

02 Nov 2018

India, 7 countries to get US waiver to keep buying Iranian oil: Reports

Iran`s biggest oil customers - all in Asia - have been seeking sanctions waivers to allow them to still buy some of its oil.

08 Oct 2018

India to buy Iranian oil in Nov despite US sanctions: Pradhan

This is the first time Pradhan has spoken about India's stand on buying Iranian oil once the US sanctions on Iran come into force from November 4.

06 Oct 2018

US actively considering waivers on Iran oil sanctions

Iran says it has abided by the 2015 nuclear deal, which was struck with five other world powers, besides the United States.

Iranian sanctions

21 Sep 2018

India will resist US pressure on complying with reimposed Iranian sanction

The Trump administration has threatened entities and countries with consequences if they do not bring down their import of Iranian oil to zero by November 4.

Indian Oil Corp

06 Apr 2017

Iran dismisses India's threat to cut oil imports

Iran has dismissed India's decision to cut oil imports from Tehran by a fifth over delay in award of a gas field and said it has other buyers.

17 Apr 2016

India to boost investment in Iranian oil and gas sectors

Enhancing energy cooperation and development of the Chabahar port were the centerpiece of talks which was mostly dominated by economic issues.

International oil prices

15 Jul 2015

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.

03 Apr 2015

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 oil import

12 Feb 2015

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.

Iran oil imports

22 Jan 2015

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.

16 Jan 2015

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 oil imports

17 Dec 2014

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.

18 Sep 2014

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.

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