Iran oil payment route to be blocked for India from November

Iran oil payment route to be blocked for India from November

17 June 2018, News Wires – India will from November not be able to use European banks for making payments for crude oil it buys from Iran as US sanctions against the Persian Gulf nation take effect, senior officials said today. State Bank of India (SBI), the country’s largest lender, has communicated to oil refiners …

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