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Hindustan Petroleum Corp Ltd (HPCL.NS)

HPCL.NS on National Stock Exchange of India

266.15INR
11:29am BST
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Rs-3.90 (-1.44%)
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Thu, Jul 26 2018

Exclusive - India's HPCL cancels Iran oil shipment after insurer excludes coverage: sources

NEW DELHI India's Hindustan Petroleum Corp (HPCL) cancelled the purchase of an Iranian oil cargo earlier this month after its insurance company refused to provide coverage for the crude because of U.S. sanctions, three sources with knowledge of the matter said.

EXCLUSIVE-India's HPCL cancels Iran oil shipment after insurer excludes coverage - sources

NEW DELHI, July 26 India's Hindustan Petroleum Corp (HPCL) cancelled the purchase of an Iranian oil cargo earlier this month after its insurance company refused to provide coverage for the crude because of U.S. sanctions, three sources with knowledge of the matter said.

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