Iranian Crude Exports to India Continue to Fall

Iranian Crude Exports to India Continue to Fall

Indian imports of Iranian oil fell to a 21-month low in November, Reuters reports.

Imports from Iran were down 43% from October to 266,000 barrels per day (b/d), according to data compiled by news agency.

India is set to receive more Iranian oil this month, however, as tankers containing four million barrels of crude have already set sail from Iran toward India, Reuters reports.

Iraq and Saudi Arabia are the top two crude suppliers to India, according to the news agency.

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