Oil & gas
Reliance to halt oil imports from Iran from Oct-Nov: report
31 May 2018
While India’s external affairs minister Sushma Swraj has said India does not follow unilateral sanctions imposed by the US on Iran, companies with close links to the US financial system could face penalties if they do not comply
India’s oil import bill seen rising by up to $50 bn as crude hits $80 a barrel
19 May 2018
India’s crude oil import bill could rise by as much as $50 billion, pushing up its already huge current account deficit further, if the current trend in oil prices continues
.webp)
