Wednesday 24 April 2019

US oil sanctions won't affect India's investments in Iran's Chabahar port

While India may have been insulated on the Chahbahar front, its current plan on using a rupee payment account for Iran’s oil may be in danger. India has been paying for a large percentage of its oil imports through a rupee mechanism that is deposited in an escrow account in an Indian bank.

from Times of India http://bit.ly/2vjRKkH
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