US oil exports fall as India turns to Iran ahead of sanctions
Updated : October 05, 2018 08:01 AM IST
US oil shipments to India fell to 84,000 barrels per day (bpd) last month, down 75 percent from a record high of 347,000 bpd in June, Kpler data showed.
India, which has become a key Asian destination for US crude this year, has been one of the top two buyers of Iranian crude.
Iran's crude exports to China also increased by 29,000 bpd to 620,000 bpd, according to Kpler, as China cut its US purchases amid an ongoing trade spat with the United States.
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