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Asia's Iran oil imports plunge to five-year low in October

Updated : November 30, 2018 02:55 PM IST

China, India, Japan and South Korea last month imported about 762,000 barrels per day (bpd) from Iran, according to the data, down 56.4 percent from a year earlier.
This marks the lowest volume of shipments since October 2013, when an earlier round of tough US and EU sanctions had slashed exports from the OPEC member starting from early 2012.
India's imports of Iranian oil dropped the least, falling just 0.2 percent from the same month last year to 466,400 bpd.
Asia's Iran oil imports plunge to five-year low in October

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