Sanctioned Iran loses $1B-per-month oil shipment to India

This story was filed on

Iran has just lost one of its biggest buyers, as India announced on Friday that it’s not taking crude imports from Iran any longer.

India halted the shipments because insurance companies aren’t covering the refineries that process the oil because of sanctions from the West, Reuters reports. That’s a major …read more

Support the Documenters Program!

© Buffalo's Fire. All rights reserved.
This article is not included in our Story Share & Care selection.The content may only be reproduced with permission from the Indigenous Media Freedom Alliance. Please see our content sharing guidelines.