In­dia may pay oil dues to Iran via Tur­key bank

DNA (Daily News & Analysis) Mumbai Edition - - FRONT PAGE -

Oil mar­ket­ing com­pa­nies may pay the first tranche of out­stand­ing dues to Iran for crude oil pur­chases through a bank in Tur­key, pe­tro­leum min­is­ter S Jaipal Reddy said on Fri­day, hopeful that Iran will con­tinue its crude oil sup­plies to In­dia in Au­gust as well. Mean­while, In­dia is ex­plor­ing al­ter­nate op­tions to en­sure con­tin­u­ous sup­plies, he added.

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