India’s Oil Imports From Iran Slump 60% In February: Report

India’s Oil Imports From Iran Slump 60% In February: Report

India’s oil imports from Iran in February plunged by over 60 per cent from a year ago to about 260,000 barrels per day (bpd) as New Delhi cuts imports under a sanctions waiver deal with Washington, data compiled by Reuters showed.

Iran’s oil tanker fleet being squeezed as sanctions bite

Iran’s oil tanker fleet being squeezed as sanctions bite

Iran is running short of options to replace its ageing fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said.

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