India's Iranian oil imports slide in December under US pressure
The United States introduced tough sanctions aimed at crippling Iran's oil revenue-dependent economy in November but gave a six-month waiver to eight nations, including India, which allowed them to import some Iranian oil.
India is restricted to buying 1.25 million tonnes per month, some 300,000 bpd.
Published Date: Jan 11th, 2019 10:06 PM | Updated Date: Jan 11, 2019 10:06 PM IST
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