iranian oil

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    India's Oil Supply Chain: Flexibility Amid Middle East Disruptions

    New Delhi, April 4 India said on Saturday that there were no payment issues with Iran for crude imports, and that refiners continue to source oil from the country, as well as from a wide range of global suppliers.In a post on X, the Ministry of Petroleum and Natural Gas dismissed reports that...
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    Sanctions Relief Targets Existing Iranian Oil Supplies

    Washington, March 21 – The United States has announced a 30-day sanctions waiver allowing the sale of Iranian oil currently stranded at sea, in a move aimed at easing mounting pressure on global energy supplies triggered by the ongoing conflict with Iran.Speaking on X, US Treasury Secretary...
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    Iranian Oil Release Aimed at Lowering Crude Prices

    Washington, March 21 The United States has announced the temporary lifting of sanctions on the sale of Iranian oil stranded at sea in an effort to cool down soaring global crude prices.US Treasury Secretary Scott Besant said the temporary measure will make available 140 million barrels of...
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    US Congress Grapples with $200B Iran Funding Request

    Washington, March 20 – Rising costs of the Iran war and its impact on global markets are deepening divisions in Congress, with Republicans and Democrats questioning the scale and purpose of a proposed funding request that could exceed $200 billion, according to multiple US media reports.The...
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    Strategic Reserves and Iranian Oil: US Response to Price Disruptions

    Washington, March 19 – The United States is considering a series of emergency energy measures, including releasing more crude oil from its strategic reserves and easing restrictions on Iranian oil, as the White House moves to contain rising prices following fresh disruptions in global supply...
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