India to slash oil imports from Iran by a quarter over gas field row1 min read . Updated: 02 May 2017, 07:18 PM IST
India had threatened to order state refiners to reduce purchases from Iran if an Indian consortium is not given rights to develop Iran's huge Farzad B natural gas field
New Delhi: India plans to order about a quarter less Iranian crude oil than it bought last year, people familiar with the matter said, as state refiners cut term purchase deals over a row between New Delhi and Tehran on development of a natural gas field.
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