Indian Refinery Breaks Long Drought in Payments for Iranian Oil

摘要

India has made its first oil payment to Iran in more than five months, with state refiner Mangalore Refinery and Petrochemicals Ltd. (MRPL) successfully transferring $100 million to National Iranian Oil Co. (NIOC). The payments, in euros, are being routed through Turkey’s stateowned Turkiye Halk Bankasi (Halkbank) in Istanbul. “The wire transfer initiated last week was successful,” said an official at the oil ministry in New Delhi.