By Reuters
NEW DELHI, Nov 12 (Reuters) - India's HPCL-Mittal Energy Ltd (HMEL), part-owned bysteeltycoon Lakshmi Mittal, plans to stop importing oil from Iran, a company spokesman said, in a move that could hurt Iran and help New Delhi secure a waiver renewal from U.S. sanctions.
Reuters earlier reported that HMEL had emerged as a new client ...
By Reuters
(Reuters) - India's HMEL, part-owned by steel tycoon Lakshmi Mittal, has emerged as a new oil client of sanctions-hitIran, potentially complicating New Delhi's bid for a renewal of its waiver from U.S. sanctions for buying crude from Tehran.
HPCL-Mittal Energy Ltd (HMEL) has taken two shipments of Iranian oil since the start of September ...