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Economy

India likely to seek exemptions from US to buy crude oil from Iran, says report

Updated : June 15, 2018 10:31 AM IST

India will look to set up an alternative payment mechanism to safeguard its trade with Iran
SBI has already told refiners that it wouldn’t support payment once the sanctions come in to effect.
India likely to seek exemptions from US to buy crude oil from Iran, says report

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