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India’s Oil Imports from Iran Jumped 44% in August

India’s crude oil imports from Iran jumped a whopping 43.72 percent to 2.07 million tons (mt) in August this year.

India to Pay for Iran Oil in Rupee

Indian refiners will pay for oil from Iran in rupee, using UCO Bank and IDBI Bank, from November 4 when petroleum-related sanctions against Iran take effect, Indian media reported on Thursday.

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