India oil imports from Iran rise 43% in Q1 2014
India has significantly increased its oil purchases from Iran following the implementation of an interim nuclear deal between Iran and six world powers, a report says./ India imported around 358,000 barrels per day (bpd) of Iranian crude in the first quarter of 2014, up nearly 43 percent from a year ago, according to tanker arrival data obtained from trade sources, Reuters reported./ In March, India's shipments from Iran rose 45.6 percent from February to about 387,000 bpd, more than twice the intake in March 2013, the data showed./ India’s ...
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