New Delhi, Feb. 17 -- By Saurabh Sharma
NEW DELHI, Feb 16 (Reuters) - India has seized three U.S.-sanctioned oil tankers linked to Iran this month and stepped up surveillance in its maritime zone to curb illicit trade, a source said on Monday, confirming a post on X by Indian authorities earlier in February that had been deleted.
India aims to prevent its waters from being used for ship-to-ship transfers that obscure the origin of oil cargoes, the source with direct knowledge of the matter told Reuters.
The seizures and heightened surveillance follow an improvement in U.S.-India relations. Washington earlier this month announced it will cut import tariffs on Indian goods to 18% from 50%, after New Delhi agreed to stop Russian oil impor...
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