India's oil imports from Iran have fallen to their lowest since June 2016, shipping data shows, in possible retaliation for Tehran not awarding a gas field development to Indian companies. India, Iran's top oil client after China, shipped in 487,600 barrels per day (bpd) in May, about 9 per cent less compared with April and nearly 40 per cent less than a peak registered in October, according to ship tracking data obtained from sources and data compiled by Thomson Reuters Oil Research & Forecasts. Most Western-led sanctions against Tehran's nuclear programme were ...
Oil imports from Iran plunge to lowest level since June over gas field row
This is in possible retaliation for Tehran not awarding a gas field development to Indian companies