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
4 months ago

Recent Posts

Upper layer NBFCs have to list: RBI guv on Tatas; dispels doubts on Sept order

RBI governor Sanjay Malhotra’s comments also suggest Tata Sons is in breach of RBI rules.…

4 hours ago

Record haul: Jio IPO collects Rs 7.5 lakh crore; nearly 1.3 crore investors make bids

In the unofficial market, speculators are betting that the company will be listing at about…

4 hours ago

Crude rises, rupee falls & Dalal Street trips again

Among the major Asian market indices, Kospi in Korea closed 3.5% down, Hang Seng in…

1 day ago

Videos, the new gateway reshaping online retail

Social media platforms such as Instagram and YouTube had already made access easier than ever—people…

1 day ago

Rupee hits 6-week high, surges 53 paise to 94.38 against dollar on Jio IPO inflows, RBI support

The rupee strengthened by 53 paise on Wednesday, closing at 94.38 against the US dollar,…

2 days ago

Iran war impact: Indian Oil plans to reduce Middle East crude purchases under annual deals in FY28

Indian Oil Corporation is expected to cut back on crude oil purchases from Middle Eastern…

2 days ago