Saturday, June 30, 2018

Exclusive: India preparing for cut in oil imports from Iran - sources June 28, 2018 at 06:36PM

Exclusive: India preparing for cut in oil imports from Iran - sourcesBy Nidhi Verma NEW DELHI (Reuters) - India's oil ministry has asked refiners to prepare for a 'drastic reduction or zero' imports of Iranian oil from November, two industry sources said, the first sign that New Delhi is responding to a push by the United States to cut trade ties with Iran. India has said it does not recognize unilateral restrictions imposed by the United States, and instead follows UN sanctions. India's oil ministry held a meeting with refiners on Thursday, urging them to scout for alternatives to Iranian oil, the sources said.




from Yahoo News - Latest News & Headlines https://ift.tt/2KfN5tX
June 28, 2018 at 06:36PM

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