India pays 3rd tranche of oil dues to Iran -sources
India owed Iran $4.6 bln for oil imports as of May 31 * HMEL declines to clear dues, raising share of other refiners NEW DELHI, July 24 (Reuters) - India paid a third and final instalment of $550 million to Iran on Thursday, three industry sources said, part of the frozen funds released to Tehran in the interim deal with world powers. Under a pact reached in November, Iran won access to $4.2 billion in oil revenues held by its buyers, to be paid out in eight money transfers through July. The payments were linked to Iran carrying continuous ...
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