United States steps up pressure on buyers to halt Iranian energy imports from November, due to this India imported about 523,000 barrels per day (bpd) of oil from Iran in August, down by 32 percent in compare to previous month.
As per report, Iran's top oil client after China, would not completely halt Iranian imports and would finalize its strategy on crude purchases after meeting U.S. officials on Thursday.
In the month of April-August, India's oil imports from Iran rose 43 percent to 646,200 bpd compared to the same period a year earlier, As per source.