last year looking good one hundred twenty five million dollars in sales but racked up a loss of two hundred forty one million dollars. coming back to top story the end of the sanctions exemptions for buyers of indian oil i think we can now talk to our correspondent in bangalore j p k j if you can hear me i hope you can there will be a significant shortfall for india one of the biggest importers of iranian oil can get india oil from other sources. so that india s third largest consumer of oil in the world and a majority of it is for full problem or oil from countries like iran saudi mexico and it looks like india is going to have to source or oil from alternative sources so in this oil minister said as much earlier today that you know we are going to go our source oil from mexico and saudi and u.a.e. and other countries but this is definitely going to push prices for india. j what s
a loss of two hundred forty one million dollars. now to some of the other global business stories making headlines around the world. oil prices continue to their upward climb on tuesday after the u.s. renewed sanction threats against iranian oil buyers at one point a barrel of brant crude hit a six month high of seventy four dollars and seventy cents analysts are worried that curbing iran s oil experts will further tighten global supply at a time of political instability in several oil producing nations. twitter smashed all expectations last quarter by trickling profits the microblogging service made one hundred ninety one million dollars in the first three months of twenty nineteen compared to just sixty one million a year ago twitter chief jack dorsey credited moves to weed out abusive and fake content on the site with boosting its attractiveness to advertisers.