{"id":270863,"date":"2019-04-24T05:29:49","date_gmt":"2019-04-24T05:29:49","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=270863"},"modified":"2019-04-24T05:29:49","modified_gmt":"2019-04-24T05:29:49","slug":"iran-oil-sanctions-india-assures-adequate-crude-supply-to-countrys-refiners","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/iran-oil-sanctions-india-assures-adequate-crude-supply-to-countrys-refiners\/","title":{"rendered":"Iran oil sanctions: India assures adequate crude supply to country\u2019s refiners"},"content":{"rendered":"<p>Even as analysts warned the US\u2019s decision to eliminate sanction waivers for importers from Iran from May 2 could worsen India\u2019s current account deficit, the government on Tuesday said a \u2018robust plan\u2019 was in place to ensure adequate supply of crude oil to Indian refineries.<\/p>\n<p>\u201cThere will be additional supplies from other major oil-producing countries; Indian refineries are fully prepared to meet the national demand for petrol, diesel and other petroleum products,\u201d petroleum minister Dharmendra Pradhan tweeted.<\/p>\n<p>Iran is currently the third largest source of crude oil imports for India in volume term and the fourth largest in value term (implying the Persian Gulf country offers cheaper crude to the country). A complete embargo on importing oil from Iran would mean that India has to shift to other markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even as analysts warned the US\u2019s decision to eliminate sanction waivers for importers from Iran from May 2 could worsen India\u2019s current account deficit, the government on Tuesday said a \u2018robust plan\u2019 was in place to ensure adequate supply of crude oil to Indian refineries. \u201cThere will be additional supplies from other major oil-producing countries; Indian refineries are fully prepared to meet the national demand for petrol, diesel and other petroleum products,\u201d petroleum minister Dharmendra Pradhan tweeted. Iran is currently the third largest source of crude oil imports for India in volume term and the fourth largest in value term [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-270863","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=270863"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270863\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=270863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=270863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=270863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}