India Cuts Iranian Oil Imports Ahead of U.S. Sanctions

India's monthly oil imports from Iran declined to 592,800 barrels per day in June, down 16 percent from May ■ U.S. sanctions are expected to come into effect in November

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Workers pull a rope tied to a decommissioned oil rig to dismantle it at the Alang shipyard in the western state of Gujarat, India on May 29, 2018.
Workers pull a rope tied to a decommissioned oil rig to dismantle it at the Alang shipyard in the western state of Gujarat, India on May 29, 2018.Credit: REUTERS/Amit Dave

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