Iran Economy News

Reuters: India's state-run lender State Bank of India cannot open letter of credit for crude imports from Iran, an official at the bank said...

AFP: India's biggest oil refiner said Thursday it did not expect any supply shortages because of a payments problem between India and Iran, but...

Wall Street Journal: Days after India's government clamped down on the main conduit Indian companies use to pay for Iranian oil, New Delhi and...

Wall Street Journal: Iran has assured India of uninterrupted crude oil supplies in January and has proposed a temporary payment channel through a bank...

Bloomberg: Qatar is seeking to import natural gas from the South Pars field in Iran to help meet domestic demand for the fuel, Press...

Bloomberg: India may pay for its oil imports from Iran in yen or the United Arab Emirates’ dirham to avoid straining its relations with...

Reuters: India and Iran have not yet resolved an impasse over settlement of payments, three Indian industry sources familiar with the matter said on...

Reuters: Essar Oil raised monthly imports from top supplier Iran by over a third in November and may have bought for the first time...