Categories: BUSINESS

Iran rushes to sell oil to India after Trump sanctions waiver – all you need to know

Data from Vortexa, combined with Bloomberg calculations, show that around 68 million barrels of crude and condensate were floating at sea as of June 22. More than 80% of that volume does not appear to have a confirmed destination, potentially making it available for sale.
Sumitra

Share
Published by
Sumitra
12 minutes ago

Recent Posts

India–US trade deal may be signed before July 24: What’s done and remaining for agreement

India and the US are nearing a trade deal, with negotiators meeting in New Delhi…

12 minutes ago

Rupee falls 30 paise to 94.63 against Dollar amid Middle East uncertainty

The Indian rupee weakened by 30 paise to 94.63 against the US dollar on Monday,…

1 day ago

8th Pay Commission enters crucial phase; employee groups see report before Budget 2027

Central government employees are hopeful for revised salaries and pensions sooner than expected, with the…

1 day ago

India’s digital sector faces competition, policy and tech challenges despite strong growth outlook

India's digital connectivity sector is poised for growth but faces intense competition from new players…

2 days ago

Brexit at 10: Why Britain is still divided over leaving European Union

Ten years on, the Brexit debate rages, with economic promises unmet and businesses facing EU…

2 days ago

Petrol, diesel rates may ease as cheaper crude arrives, says oil minister Puri

Petrol and diesel prices may soon see a dip as India receives cheaper crude oil,…

3 days ago