India slated to pay $1.65 bn oil money to Iran
India is scheduled to pay $1.65 billion to Iran for oil imports over the next three months as part of a nuclear agreement between Tehran and the six world powers for the release of over four billion dollars of blocked Iranian funds overseas./ According to sources privy to the issue, four Indian refiners - Essay Oil, Bangalore Refinery and Petrochemicals Ltd, Hindustan Petroleum Corp and HPCL-Mittal Energy Ltd. - will settle the amount in three tranches, Reuters reported on Wednesday. The Indian government has reportedly asked the firms to ...
Click
To Read Full Article