Reliance has boosted purchases from other Middle Eastern suppliers and the US to make up for the loss of Iranian barrels and reduced intake of Venezuelan oil. The US plans to impose new sanctions on Iran's oil sector from November 4 to bring Tehran to the negotiating table over its ballistic missile programme.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2AgU8vF
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