HMEL buys Iranian crude

India's HPCL-Mittal Energy Limited (HMEL) has reportedly purchased 2 million barrels of oil from sanctions-hit Iran, potentially complicating New Delhi's bid for a renewal of its waiver from US sanctions for buying crude from Tehran.

Imports: Indian company HMEL has reportedly purchased 2 million barrels of oil from Iran since the start of September
Imports: Indian company HMEL has reportedly purchased 2 million barrels of oil from Iran since the start of September
Published 15 October 2012, 08:55Updated 11 October 2016, 10:51
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