Iran overtakes Saudi Arabia as top oil supplier to India

  |   India News

Iran overtook political rival Saudi Arabia as India's top oil supplier in October, shipping data showed, just ahead of a producers' meeting this month to hammer out the details on output cuts aimed at reining in a global glut.

In October India’s oil imports from Iran surged more than threefold compared with the same month last year, rising to 7,89,000 barrels per day (bpd), according to ship-tracking data.

That compares to 6,97,000 bpd supplied last month by Saudi Arabia.

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