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Good move by modi ๐Ÿ‘๐Ÿป


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Posted

Yaa Dollar perugutundi....So buying Oil from Iran paying them in Rupees is a sensible thing to do.

Posted
53 minutes ago, Chamak_Chandra said:

India To Keep Buying Iranian Oil Despite US Sanctions: Report

Us Still searching alternative market for oil in India

Otherwise not possible

Posted
1 hour ago, Chamak_Chandra said:

India To Keep Buying Iranian Oil Despite US Sanctions: Report

something better

ย 

ย 

Posted
19 minutes ago, futureofandhra said:

This post is the difference between bhakths n people who think

๐Ÿ‘๐Ÿป

Posted

This is lot better...! Will help a bit in arresting the fall of rupee but not considerably....

India will be paying for oil in rupees after barter trade, if anything is remaining then it will pay in rupees.

basically its exchange of goods and commodities and oil producers are willing to bear the cost insurance and shipping expenses till it reaches Indian shore. This makes Iranian crude a perfect comkondity for oil refiners in india..

Its blessing in disguise in uncertain oil market...!ย 

Posted
2 minutes ago, Android_Halwa said:

This is lot better...! Will help a bit in arresting the fall of rupee but not considerably....

India will be paying for oil in rupees after barter trade, if anything is remaining then it will pay in rupees.

basically its exchange of goods and commodities and oil producers are willing to bear the cost insurance and shipping expenses till it reaches Indian shore. This makes Iranian crude a perfect comkondity for oil refiners in india..

Its blessing in disguise in uncertain oil market...!ย 

True , But do you think US will sit silent ? they wont mostly.ย 

Posted
47 minutes ago, snoww said:

Good move ? If they irritate thatha he will announce tariffs on India too.ย 

@gr33dย POE lu anni tight chestadu..ippudu vastunna approvals kooda raavu going forward...

Posted
1 minute ago, snoww said:

True , But do you think US will sit silent ? they wont mostly.ย 

I donโ€™t think so...in the last 10 years, probably India is the only country which has gone beyond the IS sanctions and Indian diplomacy worked well.ย 

Even today, US responsedย some what positively after India signed s400 deal with Russia...!ย 

Itโ€™s about money...! And we need cheaper oil to feed a nation as huge as India and last time too we escaped the sanctions and this time too, we will.ย 

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