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2017-01-13 19:00:00

IRAN - INDIA IMPORTS UP

IRAN  - INDIA IMPORTS UP

REUTERS - India's annual oil imports from Iran surged to a record high in 2016 as some refiners resumed purchases after the lifting of sanctions against Tehran, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts.

The sharp increase propelled Iran into fourth place among India's suppliers in 2016, up from seventh position in 2015. It used to be India's second-biggest supplier before sanctions.

For the year, the world's third biggest…

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Tags: IRAN, INDIA, OIL
Chronicle:
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