Page 2 of Chabahar port

Chabahar port: India in a hurry to clear $150 mn Iran credit line

With China making repeated attempts to wean away India from Chabahar Port upgrade, New Delhi is rushing through a $150-million…

December 22, 2015 07:56 IST

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Russian oil imports set to plunge after US sanctions

Policy31 min ago

Indian refiners, led by Reliance Industries, will decrease imports of Russian oil due to US sanctions on state-run oil giants Rosneft and Lukoil. RIL, the biggest buyer of Russian crude in India, will have to stop importing under its long-term deal. Other private sector buyers, like Nayara Energy, will also have to adjust their purchases.

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