India to make May-July oil payments to Iran - sources

By Nidhi Verma NEW DELHI (Reuters) - India is set to pay Iran $1.65 billion over the next three months under an interim nuclear deal that eases sanctions on Tehran and gives it access to $4.2 billion in blocked funds, four sources with knowledge of the matter said. As long as Tehran complies with the terms of its preliminary agreement with western powers, which took effect on Jan. 20, Iran ...

News source: Yahoo! News

Related news: REFILE-India to make May-July oil payments to Iran - sources