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India's May Iran oil imports hit highest since March 2014

Reuters  |  NEW DELHI 

By Nidhi VermaNEW DELHI (Reuters) - India's imports of Iranian crude oil rose last month to their highest level since March 2014 as refiners boosted purchases ahead of a final push by international negotiators to reach a deal on Tehran's disputed nuclear programme by end-June.The jump to a 14-month high comes just two months after India dropped its crude imports from Iran to zero under U.S. pressure to limit its purchases of the Islamic republic's oil. In March this year India did not take any Iranian oil for the first time in at least a decade.Many analysts say Tehran, the United States, ...

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First Published: Tue, June 02 2015. 19:10 IST
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