{"id":28243,"date":"2018-10-24T11:28:06","date_gmt":"2018-10-24T05:58:06","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=28243"},"modified":"2018-10-24T11:28:06","modified_gmt":"2018-10-24T05:58:06","slug":"iran-becomes-indias-no-2-oil-supplier","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/iran-becomes-indias-no-2-oil-supplier\/","title":{"rendered":"Iran becomes India\u2019s No. 2 oil supplier"},"content":{"rendered":"

Iran becomes India\u2019s No. 2 oil supplier<\/a><\/p>\n

News<\/strong><\/p>\n

    \n
  1. Iran was the second-biggest oil supplier to Indian state refiners between April and June, after Iraq<\/li>\n<\/ol>\n

    Important facts<\/p>\n

      \n
    1. Iran replace Saudi Arabia as second largest supplier of oil<\/li>\n
    2. India and other major buyers of Iranian oil are under pressure to cut imports from the country after Washington in May withdrew from a 2005 nuclear deal with Tehran and decided to reimpose sanctions on the OPEC member.<\/li>\n
    3. India is Iran\u2019s top oil client after China, shipped in 5.67 million tonnes or about 4,57,000 barrels per day (bpd), of oil<\/li>\n
    4. Although India had curbed imports from Iran last year in protest against Tehran\u2019s move to grant development rights for the giant Farzad B gas field to other parties.<\/li>\n
    5. Reason for surge<\/li>\n<\/ol>\n