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Home / Posts tagged Iran

U.S. tells Iran’s oil customers including India not to expect new waivers

Iran’s oil customers should not expect new U.S. waivers in May, the U.S. Special Representative for Iran, Brian Hook, said last week, urging buyers to stop …

February 12, 2019 | ENERGY, Must Read, Policy
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India’s tea production, exports decline in 2018

India’s tea production nudged 0.8 percent lower in 2018 from a year ago to 1311.63 million kg, trimming exports from the world’s biggest black tea …

February 7, 2019 | AGRICULTURE, Featured, food, Policy

Iran’s Asian oil clients restart imports at low rates

Japan, South Korea, India, and China are all buying Iranian crude once again, but at much lower rates than they did before November when U.S. sanctions kicked …

February 1, 2019 | ENERGY, Policy

India exempts rupee payments made to Iran’s National Oil Company from taxes

The government of India has exempted rupee payments made to Iran’s National Oil Company (NIOC) towards the purchase of crude oil from payment of any tax, …

January 6, 2019 | ENERGY

China’s CNPC halts Iran gas investment under U.S. pressure

State-controlled China National Petroleum Corporation (CNPC) has suspended investment in the giant South Pars gas field in Iran, following pressure from the …

December 17, 2018 | ENERGY, Policy

Iran loses market share in India as its Oil exports slump in November 2018

India’s oil imports from Iran dropped to a one-year-low in November, plunging by 41 per cent from October due to the U.S. sanctions, Reuters reported, …

December 14, 2018 | ENERGY, Policy

World Bank warns of extreme volatility in oil markets

After several months of oil price rises and then a sharp reversal over the last few weeks, world oil markets are in for more heightened volatility next year …

December 11, 2018 | ENERGY, Policy

India’s crude oil imports from Iran rise 36% in October 2018

India imported as much as 2.57 million tonnes of oil worth an overall $1.42 billion from Iran over the past month. The figure marked an increase of 36 per cent …

December 2, 2018 | ENERGY

IEA leaves global oil demand growth forecast unchanged

The International Energy Agency (IEA) has kept its forecast for global oil demand growth unchanged as lower oil prices may offset impact of weaker economy, it …

November 22, 2018 | ENERGY, Policy
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How buyers are lining up for Iran oil after U.S. exemptions

Armed with waivers to keep importing oil from Iran without running afoul of U.S. sanctions, several countries are preparing to manage the repercussions of …

November 7, 2018 | ENERGY, Special Feature
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U.S. tells Iran’s oil customers including India not to expect new waivers
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