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Exemption from Iran oil sanctions only for 6 months: US

Jun 15, 2012

Exemption from Iran oil sanctions only for 6 months: US

The clarification came days after US Secretary of State Hillary Clinton determined that seven countries including India would be exempted from the Iranian sanctions act, noting that these countries have "significantly" reduced their dependence on Iranian oil. #India #NewsTracker #Hillary Clinton #Iran – United States relations #Iran oil
 Disruption in Iran oil supply will make crude costlier: IMF

Mar 20, 2012

Disruption in Iran oil supply will make crude costlier: IMF

India heavily depends on import for its crude oil requirement. The country imports 110-120 million tonnes of oil every year. #IMF #NewsTracker #Christine Lagarde #Iran oil