By Nidhi Verma and Siyi Liu
NEW DELHI/SINGAPORE, March 24 (Reuters) – India’s Reliance Industries, operator of the world’s biggest refining complex, has purchased 5 million barrels of Iranian crude, days after the U.S. temporarily removed sanctions on the oil, three sources familiar with the matter said on Tuesday.
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The Indian refiner bought the oil from the National Iranian Oil Co., two of the sources said.
One of them said the crude was priced at a premium of about $7 a barrel to ICE Brent futures. It was not immediately clear when the oil would be delivered.
Iranian oil, which
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