Business · 5 April 2026
India buys oil from Iran for first time in years
India purchased oil from Iran for the first time in years, its oil and natural gas ministry confirmed, as the ongoing war continues to disrupt global energy markets. The purchase comes as countries scramble for alternative fuel sources with the Strait of Hormuz effectively shut down. CNN reported the deal on Saturday alongside broader coverage of the war's economic impact.
Reported by CNN · How we write briefs