With Sanctions Relaxed and Iraq in Turmoil, India Looks Toward Iran for More Crude Oil
June 27, 2014
India has extended approval by six months, beginning June 28, for two Iranian ship underwriters to provide insurance for container, tanker and bulk vessels calling at Indian ports, the Wall Street Journal reported yesterday. The decision to relax sanctions against Iran by the West has enabled tankers to transport oil and petroleum products from Iran. The extension will let India,
