Petroleum industry in Iran Current Affairs, GK & News

India imposes ban on US-sanctioned Iranian ships

India has banned entry of US-sanctioned Iranian ships into its water. The move will adversely impact crude oil imports from the country’s 4th largest crude oil exporter. Background: In July 2012, after EU imposed sanctions against Iran, India had permitted state oil refiners including Mangalore Refinery and Petrochemicals Ltd (MRPL) to import oil from Iran ..