India's Nayara Energy has already reduced its oil imports from Iran.
China competes with US dollar through Petro-yuan and talks trading gold with Iran in exchange for oil supply. Bitcoin slides further to less than $8,000.
Interest rates spike through the roof and hit a new record high at 3.11%. As the U.S. cuts ties with Iran, the latter wants to divert...
Various local companies are looking for ways to tap India's oil potential as global tension intensifies, pushing for a surge in oil prices.
Crude oil and gasoline prices are expected to surge following President Trump's decision to withdraw from the Iran nuclear deal.
Iran developed its national steel industry development program in 2015, with the goal of increasing its capacity to 55 million metric tons by 2025.
After Trump renewed Iran sanctions, crude oil prices might increase further and even reach $100 per barrel. Bitcoin's price plunges to $8,500.