Fetching News Details

India to continue Iranian oil import
Oct. 6, 2018

India to continue Iranian oil import

Sources have revealed that India will continue with oil import from Iran, regardless of the US sanctions. State refiners of India have contracted import of 1.25 million tonnes of crude oil from Iran in November, and are looking to facilitate payments with rupee, instead of dollar. Since UCO Bank and IDBI Bank have no exposure to the US financial system, they could be used to route the payment.

   Read More About : DOWNSTREAM India Iran Midstream US Sanctions
⬅ all news

Please Login to Save News for Later