Iran to Sell 1Mn Tons of Crude Oil to India
Iran has agreed to supply India with 1mn tons of crude oil between Januaryand March at rates on par with Japan's, Iran's most-favored buyer, including 90days credit. A large part of the order will be filled during January as asafeguard against war in the Gulf. India is reported to be currently negotiatinganother similar deal with Iran. The contract is the first deferred paymentagreement India has made since August,...