India’s Reliance buys 5 million barrels of Iranian oil after US waiver, sources say
- 25-Mar-2026
India’s Reliance Industries operator of the world’s biggest refining complex, has purchased 5 million barrels of Iranian crude, days after the U.S. temporarily removed sanctions on the oil, three sources familiar with the matter said on Tuesday. The Indian refiner bought the oil from the National Iranian Oil Co., two of the sources said. One […]
Trump says China can buy Iranian oil, but urges it to purchase US crude
- 25-Jun-2025
U.S. President Donald Trump said on Wednesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a relaxation of U.S. sanctions. “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the […]
U.S. seizes Iranian oil cargo near Greek island: sources
- 26-May-2022
ATHENS/LONDON: The United States has confiscated an Iranian oil cargo held onboard a Russian-operated ship near Greece and will send the cargo to the United States aboard another vessel, three sources familiar with the matter said. Greek authorities last month impounded the Iranian-flagged Pegas, with 19 Russian crew members on board, near the coast of […]
India wants to extend Iran oil sanctions waiver
- 09-Mar-2019
India has reduced its purchases of Iranian oil, but has been in talks on extending a sanctions waiver
India set to buy Iranian oil for emergency reserves
- 20-Sep-2016
NEW DELHI: India is set to buy 6 million barrels of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates' national oil company for supplies are stuck over commercial terms, industry sources said.
ASP said to be involved in Iranian oil smuggling
- 19-Feb-2016
KARACHI: An assistant superintendent of police (ASP) is said to be involved in the smuggling of Iranian oil in the country, ARY News reported.
Global oil demand growth to slow in 2016: IEA
- 13-Oct-2015
PARIS: The world's demand for oil is expected to slow in 2016 in response to a more pessimistic outlook for the global economy, the International Energy Agency (IEA) said Tuesday.
Iranian oil import costing country billions, says Malik
- 20-Jan-2015
KARACHI: Pakistan People's Party (PPP) Senator Rehman Malik has said that the country is facing economic losses worth billions of rupees due to the import of Iranian oil, ARY News reports.