Logo


Iran sanctions could boost oil, inflation that may hurt common man: India

Trump's sanctions on Iran are intended to curb its nuclear and ballistic missile program and reduce its influence in Syria, Yemen and other countries in the Middle East

Feeling the fuel cost pinch? Here's why petrol should be cheaper by Rs 4

US sanctions on Iran could boost oil prices and inflation to a point that hurts the common person in India, the country's ambassador to the United States said on Tuesday, after the Trump administration said it would end waivers for Iran's oil buyers.   President Donald Trump's efforts to sink Iran's oil exports to zero will have a direct impact on India, the largest buyer of the oil after China, Harsh Vardhan Shringla, the ambassador, said at a Carnegie Endowment event.   "We are apprehensive that that impact can translate into inflation, (and) ...