nuclear program News

India’s Iran Oil Imports Drop as Refiners Await Insurance Fund

India’s crude imports from Iran fell 40 percent in the first nine months of this year as some refiners cut purchases from the sanctions-hit nation while waiting for New Delhi to back local insurers covering plants processing the oil. European …

U.S. Exempts 11 Countries from Iran Oil Sanctions; China, India Exposed

The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian oil, but left Iran’s top customers China and India exposed to the possibility of such steps. The decision means banks …