Insurance news regarding Iranian oil imports moves forward in India

iran oil international insurance news

HPCL has announced that it will begin importing crude from Iran when the coverage issue is resolved. The State owned Hindustan Petroleum Corp Ltd (HPCL) has made insurance news headlines by announcing that it will begin importing one million tons of Iranian crude during this fiscal year, provided that the coverage issues for processing that company’s oil are resolved. This will represent a contract that is only half of what it was last year, but it is far more than the current standstill. HPCL, like a number of other refiners…

Read More