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Iran displaced Saudi Arabia as India’s secondlargest oil supplier in the first quarter of the current fiscal, regaining a position it lost seven years ago, as state-run refiners scrambled to take advantage of Tehran’s attractive financial terms before the US sanctions covering the oil industry come into force in November.
Iran displaced Saudi Arabia as India’s secondlargest oil supplier in the first quarter of the current fiscal, regaining a position it lost seven years ago, as state-run refiners scrambled to take advantage of Tehran’s attractive financial terms before the US sanctions covering the oil industry come into force in November.
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