India Starts Clearing Massive Oil Debts of Iran After UCO Bank Hiccups

India has commenced repaying their oil debt to Iran under a new payment scheme. Earlier, US had reimposed sanctions on Tehran blaming the Islamic Nation for nuclear proliferation and endangering the region. Sittwe Port in Myanmar To Be Under Indian Operational Control After Chabahar The news comes after the Indian government¬†intervened¬†recently to exempt some $1.5 … Continue reading India Starts Clearing Massive Oil Debts of Iran After UCO Bank Hiccups