Bloomberg | Trump or Cheap Iran Oil: Dilemma Facing Fastest Growing User Bloomberg Oil imports from Iran totaled about $9 billion in the year ended March and substituting some of the contracts with more North American crude will help India lower the $24.5 billion trade surplus it runs with the world's largest economy. The South Asian ... US Expects China to Buy Even More Iranian Oil After Sanctions Oil Selloff Gives Trump More Room On Iran Oil import from Iran: India, US hold crucial talks |