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Iran oil buyers will cut imports further: USThe United States expects importers of Iranian crude oil to make further significant cuts in their purchases, a senior US official said on Wednesday, though she noted that there are seasonal fluctuations. More… |
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South Korea to halt Iran oil importsSouth Korea will effectively become the first of Iran's major Asian customers to halt oil purchases from July 1, when a European Union insurance ban will prevent further imports. South Korea's largest oil refiner SK Energy will sto More… |
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India HPCL may cut Iran oil importsIndia's HPCL may buy 2.8 million tonnes of crude from Iran in 2012/13, a little less than the three million tonnes of a year earlier, its chairman said on Wednesday, citing business reasons rather than the impact of sanctions on Tehran. More… |
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UAE firm denies Iran fuel import chargesUAE-based Royal Oyster Group, one of the companies facing US sanctions for trade with Iran, denied it was involved in importing fuel into Iran. "We think this is unfair," an executive at the company said on the condition of anonymity. "We More… |
