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Reliance eyes long-term oil supplies from IranReliance Industries, India's biggest oil refiner, said it is looking to buy more crude from Iran as the company seeks to rebuild ties to benefit from shorter shipping distances. The company had made small purchases from Iran i 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… |
