The government hopes to resolve an oil payment row with Iran when officials travel to Tehran this week, Oil Secretary S Sundareshan said on Monday, as New Delhi looks to balance its energy needs with its diplomatic interests.
The two nations have not been able to find a solution on how to pay for oil after India's central bank said in December payments to Iran could no longer be settled through a longstanding clearing house system run by central banks.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
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