INDIA

Traders Bet On Oil At $100 As Iran Sanctions Loom

Oil
Oil traders have piled into wagers that U.S. crude oil could surge to $100 a barrel by next year, a milestone that until recently many considered unthinkable due to record U.S. production growth and relatively flat global demand.
More news
Iran oil

India's Iran Oil Purchases To Fade Ahead Of US Sanctions

India, Iran's No.2 oil client behind top buyer China, does not recognize the reimposed U.S. sanctions, but winning a waiver from the restrictions is a must for New Delhi to protect its wider exposure to the U.S. financial system.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.