Iran, on average, shipped 2.15 million barrels of crude oil and about 500,000 barrels of gas condensate in the first eight months of 2017. Its record export of 2.3 million barrels per day was registered in February.

Indian ambassador to Tehran, while disavowing claims of a cut in his country’s oil purchases from Iran, said the oil sale process has become even more trouble-free thanks to improvements in banking ties.