After oil imports from Iran surge, India must now contemplate big cuts
Nidhi Verma, Reuters
November 07, 2018
Who was cited:
Sri Paravaikkarasu, Director of Asia Oil and Head of East of Suez Oil Service FGE
India’s oil imports from Iran in 2018-19 could be higher than the previous year despite the imposition of U.S. sanctions, a Reuters analysis of industry data shows, forcing the government to rein in purchases in coming months.