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(visit the link for the full news article)
After having explored various options to make payments and having run out of them, India is understood to have decided to pay Iran for the crude oil supplied by it in rupee terms.
After discussions between the Finance Ministry and the Petroleum and Natural Gas Ministry, it has been decided that the Ministry will seek the note of the Union Cabinet to switch over to the rupee payment system for the Iranian crude, officials in the Petroleum Ministry said
Originally posted by mayabong
Looks like its time to invade india. Waiting for the Hindu terrorist propaganda to start. lol. Not sure what the Hindu equivalent to Sharia Law is but I'm sure we'll find out soon.edit on 3-5-2011 by mayabong because: (no reason given)
Originally posted by trouble_every_day
It's not India that will be attacked for this.
It's Iran.
Big surprise there. I'm sure that before this exchange starts happening we'll see a dramatic ramping up of anti-Iranian propoganda - like it could be any worse anyway.
Saddam tried the same thing iirc.
Originally posted by alchemist2012
India to pay for Iranian crude oil in rupee
www.thehindu.com
(visit the link for the full news article)
After having explored various options to make payments and having run out of them, India is understood to have decided to pay Iran for the crude oil supplied by it in rupee terms.
After discussions between the Finance Ministry and the Petroleum and Natural Gas Ministry, it has been decided that the Ministry will seek the note of the Union Cabinet to switch over to the rupee payment system for the Iranian crude, officials in the Petroleum Ministry said