Tag Archives: Iran

India. Iran’s second-biggest oil client behind China. has already reduced its intake of Iranian oil.

Other OPEC countries have been increasing production in recent months.

Exports to India accounted for 21 per cent of Iran’s crude oil outbound shipments in 2017-18.

Iranians has endured sanctions before and ".can overcome this difficult phase as well.".

The sanctions are expected to impact Iranian oil exports.

The United States began reimposing economic sanctions this summer.

Some traders are forecasting that the sanctions could remove up to 1.5 million barrels per day of crude from the market.

The second meeting of the working group is planned to be held in Moscow.

The U.S. seeks to reduce Iranian oil exports to zero even for a month.

The Trump administration is pushing politics into the OPEC.