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India seeking clarifications from EU on Iran oil insurance
- Iran: Sunday, March 24 - 2013 at 03:27
India's foreign minister Salman Khurshid has asked the European Union to clarify the process of insuring oil supplies from Iran, as trade with Tehran gets tougher due to Western sanctions, Reuters has reported. The minister said he asked the European Union to clarify the situation as he tries to resolve the reinsurance problem and other issues. Trade with Iran "is becoming tighter and tougher," he said. The head of Indian refiner MRPL said this month that India might halt oil imports from Iran because local insurers had refused to cover refineries processing the oil.
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