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Iranian Oil Minister Rostam Qasemi (right) walks with India’s Oil Minister M Veerappa Moily after a meeting in New Delhi May 27, 2013. (Reuters/Mansi Thapliyal)


India reduces oil imports from Iran

India reduces oil imports from Iran

by | Aug 7, 2013 | Business

London, Asharq Al-Awsat—Iranian oil exports face further setbacks after the Indian Oil Corporation (IOC) announced plans to reduce its imports from the heavily sanctioned Islamic republic by 23 percent, according to Veerappa Moily, the Indian minister of petroleum and...