• SENSEX
    NIFTY 50
Economy

IOC says SBI to stop handling Iran oil payments

Updated : June 15, 2018 12:55 PM IST

The move by the state-controlled bank, India's biggest, comes after US President Donald Trump pulled out of an international nuclear deal with Iran last month, pledging to reimpose tough sanctions within 180 days.
IOC previously said it would look at buying oil from traditional suppliers mostly in the Middle East to compensate for any cut in supplies from Iran related to US sanctions.
IOC says SBI to stop handling Iran oil payments
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV