India's oil imports from Iran rises as US sanctions loom

摘要

India's oil imports from Iran reportedly surged to 640,000-bpd (barrels per day) in April, its highest level since October 2016, as refiners raised purchases ahead of looming US sanctions against Tehran. Overall, India imported 4.51-mbpd in April, 2.5% higher than a year ago, according to data quoted by news agency, Reuters.