Friday, 15 June 2018

India’s oil imports come under cloud as US withdrawal from Iran nuclear deal puts SBI in a bind

SOURCE: REUTERS India’s oil imports from Iran will be affected from end-August as the State Bank of India has informed India’s refiners it will not handle oil deal payments from November, the finance head of Indian Oil Corp said on Friday. The Indian state-controlled bank’s decision comes after U.S. President Donald Trump pulled out of […]

from Indian Defence Research Wing https://ift.tt/2JQ5skW
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