Iran counters US oil sanction with discount offer, India may benefit
run National Iranian Oil Company reportedly announced it was reducing official prices for September sales to Asia to their lowest level in 14 years, compared with Saudi crude./ Several key buyers, including India and China, who account for roughly half of Iran’s sales, have said they are not willing to make significant cuts to their energy purchases from Iran. (Reuters File Photo)/ Iran is selling oil and gas at a discount to Asian customers as it prepares for the return of US sanctions, state news agency IRNA reported on Monday. The ...
Click
To Read Full Article