India’s second most Oil supplier was Iran instead of Saudi Arabia according to the statistics of April to June quarter period said India’s Oil Minister on Monday. Replacing Saudi Arabia as companies took advantage of discounts offered by Tehran.
India is the top International Oil client of Iran after China, which shipped over 5.67 Million Tonnes or 457000 Barrels per day ( BPD ) of Oil from Iran in the first three months in this fiscal year as per the written statement of Dharmendra Pradhan to the lawmakers.
Dharmendra Pradhan Didn’t giver the comparable numbers from the period April to June, As per the statistics report of Reuters India has shipped around 3.46 Million tonnes or 2,79,000 Barrels ( BPD ) from Iran per day in between the period of the first tree months of this fiscal year.
Whatever is the numbers, India has a big business relationship with the country Iran.