KM Financial Solutions | UPDATE 1-India to import Iranian oil using rupee payment mechanism – source
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UPDATE 1-India to import Iranian oil using rupee payment mechanism – source

UPDATE 1-India to import Iranian oil using rupee payment mechanism – source

India will import crude oil
from Iran using a rupee-based payment mechanism, an industry
source involved in discussions told Reuters on Thursday, adding
that 50 percent of those payments will be used for exporting
items to Tehran.

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