India pays final tranche of $550m of oil dues to Iran
India paid a third and final installment of $550 million to Iran on Thursday, as part of the frozen funds released to Tehran in the interim deal with world powers, three industry sources said./ Under a pact reached in November, Iran won access to $4.2 billion in oil revenues held by its buyers, to be paid out in eight money transfers through July. The payments were linked to Iran carrying continuous reduction in its nuclear activities./ Iran and six world powers have now agreed to extend the November deal another four months, after failing ...
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