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Iran leapfrogs Iraq as India's no.2 oil supplier in Feb

Iran leapfrogs Iraq as India's no.2 oil supplier in Feb

Monday, March 13, 2017, 7:42 PM

India's oil imports from Iran rose nearly 17% in February from a month earlier as refiners received less crude from key OPEC producers Saudi Arabia and Iraq after an OPEC deal to cut output, shipping data. With this rise Iran becomes India's second-biggest oil supplier - a role Tehran used to occupy before Western sanctions were imposed against it over much disputed nuclear programme.
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