India to continue Iran oil imports despite sanctions - Good!
India has reiterated that it will not halt its oil imports from Iran despite the US-engineered sanctions against the Islamic Republic’s oil sector, a report says. - Quoting senior Indian government officials, the Economic Times reported on Thursday that New Delhi will continue its energy ties with Tehran. Meanwhile, India’s state-run General Insurance Corp (GIC) has recently agreed to provide insurance cover for tankers carrying Iranian crude oil. India is among Asia’s major importers of energy, and relies on the Islamic Republic to satisfy a portion of its energy requirements. Indian refiners HPCL, Mangalore Refinery and Petrochemicals Limited (MRPL) and Essar are the main clients of Iranian crude oil.
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