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Iran says will strive to ensure oil supplies to India

Reuters  |  NEW DELHI 

NEW DELHI (Reuters) - Iran will do its best to ensure security of oil supply to India by offering "flexible measures" to boost bilateral trade, a statement from Tehran's embassy in New Delhi said.Iran is the third-biggest oil supplier to India and has offered refiners incentives including almost-free shipping and an enhanced credit period on oil sales.Imports from Iran could take a hit as the United States reintroduces sanctions on Tehran after withdrawing from a nuclear deal with world powers.India, Iran's top oil client after China, asked refiners last month to prepare for drastic ...

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First Published: Thu, July 12 2018. 19:41 IST
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