India's Iran oil imports rise 60 pc year-on-year in October

November 17, 2014 8:22 AM

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India's Iran oil imports rise 60 pc year-on-year in October

India bought 60 per cent more Iranian oil in October than a year ago as refiners held to higher volumes despite signs that world powers and Iran might not reach a final agreement on Tehran's disputed nuclear programme before a November 24 deadline.

Six world powers - Britain, China, France, Germany, Russia and the United States - are negotiating with Iran to clinch a deal that, in exchange for lifting economic sanctions, would ensure Tehran's nuclear activity is not aimed at making bombs. Iran says its nuclear work is for civil power needs onl...

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