India cuts Iran oil imports 40 percent in the first five months of the year,

India cut its Iranian oil imports by more than 40 percent in the first five months of the year, replacing the crude with shipments from Venezuela, Iraq and Oman, and pushing Iran down four places to seventh among its suppliers. India’s imports of Iranian oil for May dropped 12.2 percent...India cuts Iran oil imports 40 percent in the first five months of the year,