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MRPL to resume Iran oil imports from Aug: Report

MRPL to resume Iran oil imports from Aug: Report

After stopping for four months, Mangalore Refinery and Petrochemicals (MRPL) plans to resume Iranian oil imports from August, because it has found no suitable alternatives, sources said. Resumption of shipments by MRPL, Iran's top Indian client until it stopped purchases in April, will help to revive the country's Iranian oil imports. India's intake of Iranian crude fell by 40 per cent in the April-June quarter, as refiner Essar Oil became Iran's lone Indian client.