Intro:
India has bought its first shipment of Iranian oil in seven years amid easing restrictions and domestic demand pressure.
New Delhi had halted the purchase of Iranian crude since 2019 due to pressure from Washington but shipments are now resuming after the US waived some restrictions in an attempt to stabilize global oil prices.
Ishan Garg tells us more from New Delhi.
IN: India's Petroleum...
India has bought its first shipment of Iranian oil in seven years amid easing restrictions and domestic demand pressure.
New Delhi had halted the purchase of Iranian crude since 2019 due to pressure from Washington but shipments are now resuming after the US waived some restrictions in an attempt to stabilize global oil prices.
Ishan Garg tells us more from New Delhi.
IN: India's Petroleum...
OUT: SOC
Duration: 36 seconds