TEHRAN, April 1, YJC - India is reportedly seeking to use oil imports from Iran as a bargaining chip in their impasse over a giant Iranian gas field which New Delhi has been coveting for years.
India's annual oil imports from Iran surged to a record high in 2016 as some refiners resumed purchases after the lifting of sanctions against Tehran, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts.