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Iran Sanctions Can Be Bad News For ONGC, Essar Oil, FGE’s Fesharaki Says

Oil
 

Indian oil companies importing from Iran, especially Oil and Natural Gas Corporation Ltd. and Essar Oil Ltd., could be hit by the U.S.’ decision to impose financial sanctions on Iran, said Fereidun Fesharaki, chairman of global oil and gas consultancy FGE.

 

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