The volume cuts would put India'.s imports of Iranian crude for this fiscal year at 370.000 barrels per day.
Read More »India to Cut Iranian Oil Purchases in Row Over Gas Field
Under sanctions. Iran was banned from the global financial system. preventing the field'.s development.
Read More »Iran Takes Market Share from OPEC Rivals
Iran’s crude oil and condensate exports rose three percent month-on-month in January.
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