E-Paper
Govt set to buy Iran oil for emergency reserves
NEW DELHI: The government is set to buy 6 million barrels of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates’ national
Published on: Sep 21, 2016, 10:24:57 IST
Share via
Copy link
NEW DELHI: The government is set to buy 6 million barrels of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates’ national oil company were stuck over terms, industry sources said. Iran is looking to regain market share after sanctions imposed over its disputed nuclear programme were lifted.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
