India presses Iran to speed up oil cargoes

New Delhi: India is pressing Tehran to expedite movement of India-bound oil and gas cargoes so they can be quickly turned around and redeployed to take advantage of the two-week ceasefire window to rebuild fuel stocks, a shipping ministry official said.While the ceasefire may hold for now, a return to normal oil trade could take at least three months due to multiple hurdles, including slow vessel movement, limited ship and insurance availability, loading constraints and production shut-ins, indu...