Iranian Oil

Sensex rebounds over 180 points, Nifty above 11,600-mark; RIL, HDFC Bank, ITC gain amid unabated foreign fund inflow

Sensex was trading 152.78 points or 0.40 percent higher at 38,797.96

US to sanction five countries, including India, for importing oil from Iran, say sources; Mike Pompeo to announce non-renewal of waivers today

The Trump administration is poised to tell five nations, including India, that they will face US sanctions if they keeping importing oil from Iran.

India delays May order for Iran crude oil, awaits clarity on sanctions waiver against OPEC-member

Brian Hook, the special US envoy for Iran, in March said Washington is pursuing its plan to bring Iranian crude exports to zero.

US presses India to stop buying oil from Venezuela's Maduro govt: Envoy

India wants to keep Iran oil purchases at 300,000 bpd in extended waiver amid US pressure to cut imports to zero

Iran was India’s seventh biggest oil supplier in January compared with its position as third biggest a year ago before the reimpostion of sanctions.

Donald Trump calls on OPEC to 'relax,' says prices are too high; oil futures tumbled over 3% after tweet

Donald Trump, who has made the US economy one of his top issues, has repeatedly tweeted about oil prices and OPEC

Iran oil imports by major Asian buyers plunge to five-year low in Oct ahead of US sanction

India’s imports of Iranian oil dropped the least, falling just 0.2 percent from the same month last year to 466,400 bpd.

US imposes ‘toughest ever’ sanctions on Iran: White House mum on decision against India, China for buying oil from Tehran

The Trump administration said it is confident that "the toughest ever" sanctions against Iran which came into force on Monday will have the intended effect of altering Iranian regime's behaviour.

US agrees to give India, 7 other nations oil waivers under Iran sanctions; analyst say move could be temporary

Iran’s biggest oil customers - all in Asia - have been seeking sanctions waivers to allow them to continue buying some of its oil.

India to seal deal with US that will allow it to continue buying crude oil from Iran without attracting any sanction

US sanctions on Iran's oil buyers snap back Monday, forcing importing countries to negotiate with the US for waivers by making cuts in purchases or risk getting blocked from the US financial system.