EghtesadOnline: Turkey is trying to convince the United States to allow refiner Tupras, its biggest oil importer, to continue buying crude oil from Iran free of sanctions, Foreign Ministry spokesman Hami Aksoy said on Friday.
EghtesadOnline: India will definitely not cut off entirely its crude oil imports from Iran, but it expects to have more clarity on its oil purchasing strategy amid the US sanctions on Tehran at a meeting with top US officials next week, a senior Indian government official with direct knowledge of the country’s oil purchasing policy told Reuters.
EghtesadOnline: The US has been unable to persuade China to cut Iranian oil imports, according to two officials familiar with the negotiations, dealing a blow to US President Donald Trump’s efforts to isolate Iran after his withdrawal from the 2015 nuclear accord.
EghtesadOnline: Reliance Industries Limited, which operates the world's largest single-location refinery processing about 1.4 million barrels per day, said on Friday it will stop Iranian crude imports from November if the US sanctions kick in.
EghtesadOnline: Speaking to Indian TV, Germany voiced hope that India would continue to purchase Iranian oil in the face of looming US sanctions against Tehran.
EghtesadOnline: Japanese oil distributors are preparing to stop importing Iranian crude oil in line with US demands, which come with threats of sanctions against companies that refuse to comply.
EghtesadOnline: Iran will end facilities provided to India if the latter embarks on replacing Iranian oil with that of other countries under the US unilateral sanctions, Iran's charge d'affaires said in New Delhi on Tuesday.