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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