NEW DELHI, July 8 (Reuters) : India paid a second installment of $550 million in oil dues to Iran on Tuesday under an interim deal that allowed Tehran access to $4.2 billion in blocked fund globally, two industry sources said.
Asian buyers such as Japan and South Korea have already cleared some of the money they owe for imports of Iranian oil under a payment schedule approved by world powers in a breakthrough nuclear deal with Iran last November.
India pays $550m oil dues to Iran
FE Team | Published: July 09, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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