Economic Times | Iran extends shipping, insurance cover to keep oil flowing to India Economic Times NEW DELHI: India may use an Iranian bank to channel payment for oil import from the Islamic republic after the US sanctions against buyers of Iranian crude take effect in November even as India hopes to receive US waiver of sanctions. Indian and US ... Indian Refiner Cancels Iranian Oil Shipment As Insurance Won't Cover Cargo Insurer deny coverage: HPCL cancels Iran oil shipment | Deccan ... |