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Entries in Mohammad Reza Attarzadeh (1)

Thursday
May102012

The Latest from Iran (10 May): Supreme Leader Comments on Detained Mousavi and Karroubi

2020 GMT: Sanctions Watch. For weeks, we have questioned public proclamation of India defying sanctions and increasing oil shipments from Iran, arguing that private discussions were weaning Delhi off Tehran's crude with assurances of alternative supplies.

Confirmation comes today in the report that India's oil imports from Tehran fell about 34% in April compared with March.

Reflecting the Government-to-Government talks between Washington and Delhi, including a visit by US Secretary of State Hillary Clinton this week, State-run buyers are at the forefront of reductions, leaving privately-owned Essar the biggest Indian client of Iran.

India's total oil imports from Iran in April fell to about 269,000 barrels per day (bpd) from 409,000 bpd in March and from about 449,000 bpd in April 2011.

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