News wrap: Executive pay, Iranian exports and oil markets

OIL majors defend executive pay hike despite investor revolt; India becomes Iran's top customer; and IEA says oil markets are breaking tight supply conditions.

13 April 2012
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Executive pay

Embattled oil giant BP skirted a mini-rebellion by unhappy shareholders over the pay package of its new chief executive officer Robert Dudley, The New York Times reports.

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