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After US relief, India works to pay for Iran oil in rupees

After US relief, India works to pay for Iran oil in rupees

By Indrani Bagchi NEW DELHI: With the US granting a  180-day exemption on Iranian oil sanctions to India  ahead of the restrictions kicking in from Monday, India and Iran  are finalising details of a mechanism that will allow New Delhi to pay  entirely in Indian currency, at a bank in India. India will revive a previous […]