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India Considers More Oil Imports From Iran

India hopes to increase crude oil imports from Iran after a deal with six Western countries gave Tehran limited respite from sanctions. The deal comes as a relief to India which maintains friendly relations with Iran and wants to boost trade and other links with Tehran. Days after Iran reached a truce with world powers, India’s Petroleum Secretary, Vivek Rae said that India will send a delegation to Iran to discuss the mechanism for oil payments. With Iran virtually shut out of the...

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