Islamic State: India Bans Oil Trade with Islamic State-Linked Organisations

Jun 30, 2015 | Reuters
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India on Tuesday banned trade with Islamic State-linked entities in oil and other products, complying with a U.N. resolution to act against militants active in oil-rich countries such as Iraq, Syria and Libya. "In compliance with United Nations Security Council Resolution ..., trade in oil and refined oil products, modular refineries and related materials, besides items of cultural (including antiquities), scientific and religious importance is prohibited," India's commerce ministry said in a notification.