New Delhi, April 3 A tanker sanctioned by the US, carrying Iranian crude oil, has rerouted mid-voyage from its previously indicated destination of India – where it would have marked the first such shipment in nearly seven years – to China.The Aframax tanker Ping Shun, built in 2002 and...
cargo rerouting
china
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iranian crude oil
iranian oil imports
kharg island
naraya energy
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payment terms
refining
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ship tracking
swift
trade flows
us sanctions
vadinar
New Delhi, March 31 India's first shipment of Iranian crude oil since 2019 may be heading towards a port in Gujarat, according to ship tracking data.Indian refiners have been looking to purchase a few cargoes of Iranian oil following the recent sanctions waiver by Washington."The...
New Delhi, March 23 India will consider resuming the purchase of Iranian oil based on techno-commercial feasibility, a senior government official said after Washington temporarily lifted sanctions to ease pressure on prices following the US-Israeli war on Iran.Historically, India was a major...
commercial feasibility
european sanctions
geopolitics
india
iran
iranian crude
middle east
natural gas
oil imports
petroleum
refining
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swift
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us sanctions
New Delhi, March 5 Swift and global banks are launching a new system to make international payments faster and cheaper for small businesses and consumers, starting with major global markets.The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's leading provider...
australia
bangladesh
banking
canada
china
cross-border payments
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germany
india
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pakistan
remittances
spain
swift
thailand
united kingdom
united states
New Delhi, March 1 Maruti Suzuki India, the market leader in the car segment, reported a 7.32 per cent increase in total sales to 2,13,995 units in February 2026, compared to 1,99,400 units a year earlier.Total domestic sales of passenger vehicles were marginally up at 1,61,000 units last...