India is not going to acquire Iranian oil in November


Official representatives of Indian companies Indian Oil and Bharat Petroleum told Bloomberg that in November there would be no supplies of Iranian oil, as their companies did not order tankers. Iran does not plan to buy oil from Iran either from Nayara Energy, Mangalore Refinery or Petrochemicals. Thus, according to Bloomberg, India, the second-largest buyer of Iranian oil, is not going to buy oil from Iran in November. According to tanker movements, in 2018, India imported an average of 577,000 barrels of oil per day, which corresponds to 27% of Iran's exports. In August, India reduced the purchase of oil from Iran by 380,000 barrels per day.

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