Iran oil minister in Delhi amid 60-day US sanctions waiver | India News


Iran oil minister in Delhi amid 60-day US sanctions waiver

NEW DELHI: Amid easing of sanctions on Iran, India and Tehran on Thursday discussed enhanced cooperation in the hydrocarbon sector.Oil minister Hardeep Singh Puri met his Iranian counterpart Mohsen Paknejad days after the US-Iran MoU to end the West Asia conflict and amid the possibility of Iranian crude returning to the market following a 60-day easing of US sanctions. “We explored opportunities to cooperate in the energy sector. India remains committed to enhancing energy security through dialogue, partnership and mutually beneficial engagement,” Puri said after a meeting on the sidelines of the Brics energy ministers’ meeting. The embassy of Iran also posted on X that the two sides emphasised the importance of expanding bilateral cooperation in the oil, gas and energy sectors and explored ways to further strengthen energy ties between Tehran and New Delhi.India stopped crude purchases from Iran in 2019 after the US imposed sanctions on Tehran. At its peak, Iranian crude accounted for over 11% of India’s total imports. As per data, Indian refiners purchased 5 lakh tonnes of crude from Iran in April after a gap of nearly seven years, following a 30-day US sanctions waiver that lapsed on April 19.



Source link

  • Related Posts

    Cabinet revamp buzz: Team Nabin getting final touches | India News

    NEW DELHI: Amid growing indications that a reshuffle in the Union Cabinet can go in tandem with BJP’s organisational changes, party president Nitin Nabin is learnt to be giving the…

    ‘I will kill you’: MP Sanjay Dina Patil, among 6 UBT defectors, abuses journalists; Shinde reacts | India News

    Shiv Sena MP Sanjay Dina Patil (File photo) NEW DELHI: Shiv Sena MP Sanjay Dina Patil on Thursday allegedly threatened journalists, prompting party chief and Maharashtra deputy chief minister Eknath…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Cabinet revamp buzz: Team Nabin getting final touches | India News

    Cabinet revamp buzz: Team Nabin getting final touches | India News

    Iran oil minister in Delhi amid 60-day US sanctions waiver | India News

    Iran oil minister in Delhi amid 60-day US sanctions waiver | India News

    India has quake warning system for Himalayan region | India News

    India has quake warning system for Himalayan region | India News

    What Indian basketball learnt from Asia’s best at the NBA Rising Stars Invitational | NBA News

    What Indian basketball learnt from Asia’s best at the NBA Rising Stars Invitational | NBA News

    ‘Tamil Nadu can’t be a soft team anymore’: New coach Yo Mahesh demands attitude shift | Cricket News

    ‘Tamil Nadu can’t be a soft team anymore’: New coach Yo Mahesh demands attitude shift | Cricket News

    Slippery hands: Radha Yadav, Nandani, Yastika drop four catches in six overs as India’s fielding woes continue in T20 World Cup | Cricket News

    Slippery hands: Radha Yadav, Nandani, Yastika drop four catches in six overs as India’s fielding woes continue in T20 World Cup | Cricket News