Tag Archives: Dharmendra Pradhan

India is discussing its options to buy Iranian oil with all authorities.

India has embarked on the path of becoming a gas-based economy.

India is working with Bangladesh in interconnecting gas grids and supplying diesel through pipelines.

Japan’s imports of Iranian oil increased by 10 percent in June compared to the same month last year.

Iran is now offering to insure oil cargoes to India after some insurers stopped providing the service in the face of the impending sanctions.

If India does not import crude from the US. the most likely fallout will be to buy from other OPEC countries.

Iraq continued to be the top oil supplier to India in the April-June period.

The US has told all countries. including India and China. to stop their oil imports from Iran by November 4 or face sanctions.

UAE supplies a small quantity of oil to India.

India is concerned that the rallying oil prices are hurting its economy.