Oil Payment To Iran
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In 22 Days, Iran Will Run Out Of Place To Store Oil It Produces. What's Next?
The looming storage crunch is threatening to accelerate production cuts in what was once the second-largest source of crude under the Organisation of Petroleum Exporting Countries (OPEC). P
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Indian Refiners Settle Iran Oil Deals In Yuan? Centre Says 'Nothing Wrong'
The payments for Iranian oil deals are being settled by the ICICI Bank, which is routing funds in Chinese Yuan to settler accounts, Reuters reported.
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Suez Canal Transit Fee Is Legal, Hormuz Toll Is Not. Here's Why
The United Nations Convention on the Law of the Sea (UNCLOS), which governs international sea law, says that countries bordering straits cannot demand payment simply for permission to pass through.
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Iran To Charge $1 Per Barrel From Oil Tankers Passing Hormuz: Report
Regional officials said yuan collections have already begun in some cases, worrying Gulf producers who fear a shift in oil trade influence.
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Pakistan Says It Will Repay $3.5 Billion In Matured Loan Deposits To UAE
Last week, authorities scrapped a blanket fuel subsidy and raised diesel and petrol prices for the first time in nearly a month to help government coffers weather a spike in oil costs arising from the war in the Middle East.
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"No Payment Hurdle For Iranian Crude Imports": India Dismisses Rumours
The Ministry of Petroleum and Natural Gas dismissed reports that an oil tanker carrying Iranian crude had rerouted mid-voyage from its previously indicated destination of India to China.
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India-Bound US-Sanctioned Ship Carrying Iranian Oil Reroutes Midway To China
The Aframax tanker Ping Shun, built in 2002 and sanctioned by the US in 2025, is now signalling Dongying in China as its destination instead of Vadinar in Gujarat.
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Iran Crude To Return? Tanker Carrying 600,000 Barrels Signals Gujarat Port
India's crude oil purchase from Iran comes on the back of the US offering a 30-day waiver (which expires April 19 and covers pre-loaded cargo only) of sanctions in light of global energy disruptions due to its war on Iran.
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A Warning From 1991: Is India's Next Big Shock Hiding In Its Oil Bill?
What has economists invoking 1991 is not just expensive oil, but a dangerous convergence of risks. A swelling import bill is colliding with the possibility that capital inflows, long a cushion, could turn into outflows.
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Mystery Bank In Beijing Behind China's Silence On The US-Iran Conflict?
Kunlun, a small commercial lender controlled by China National Petroleum Corporation (CNPC), became the financial artery for China-Iran oil trade when US sanctions choked Iran's access to dollars.
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In 22 Days, Iran Will Run Out Of Place To Store Oil It Produces. What's Next?
The looming storage crunch is threatening to accelerate production cuts in what was once the second-largest source of crude under the Organisation of Petroleum Exporting Countries (OPEC). P
-
Indian Refiners Settle Iran Oil Deals In Yuan? Centre Says 'Nothing Wrong'
The payments for Iranian oil deals are being settled by the ICICI Bank, which is routing funds in Chinese Yuan to settler accounts, Reuters reported.
-
Suez Canal Transit Fee Is Legal, Hormuz Toll Is Not. Here's Why
The United Nations Convention on the Law of the Sea (UNCLOS), which governs international sea law, says that countries bordering straits cannot demand payment simply for permission to pass through.
-
Iran To Charge $1 Per Barrel From Oil Tankers Passing Hormuz: Report
Regional officials said yuan collections have already begun in some cases, worrying Gulf producers who fear a shift in oil trade influence.
-
Pakistan Says It Will Repay $3.5 Billion In Matured Loan Deposits To UAE
Last week, authorities scrapped a blanket fuel subsidy and raised diesel and petrol prices for the first time in nearly a month to help government coffers weather a spike in oil costs arising from the war in the Middle East.
-
"No Payment Hurdle For Iranian Crude Imports": India Dismisses Rumours
The Ministry of Petroleum and Natural Gas dismissed reports that an oil tanker carrying Iranian crude had rerouted mid-voyage from its previously indicated destination of India to China.
-
India-Bound US-Sanctioned Ship Carrying Iranian Oil Reroutes Midway To China
The Aframax tanker Ping Shun, built in 2002 and sanctioned by the US in 2025, is now signalling Dongying in China as its destination instead of Vadinar in Gujarat.
-
Iran Crude To Return? Tanker Carrying 600,000 Barrels Signals Gujarat Port
India's crude oil purchase from Iran comes on the back of the US offering a 30-day waiver (which expires April 19 and covers pre-loaded cargo only) of sanctions in light of global energy disruptions due to its war on Iran.
-
A Warning From 1991: Is India's Next Big Shock Hiding In Its Oil Bill?
What has economists invoking 1991 is not just expensive oil, but a dangerous convergence of risks. A swelling import bill is colliding with the possibility that capital inflows, long a cushion, could turn into outflows.
-
Mystery Bank In Beijing Behind China's Silence On The US-Iran Conflict?
Kunlun, a small commercial lender controlled by China National Petroleum Corporation (CNPC), became the financial artery for China-Iran oil trade when US sanctions choked Iran's access to dollars.
