ReferIndia News Indian Refiners Turn to Chinese Yuan for Iranian Oil Payments via ICICI Bank: Report

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Indian Refiners Turn to Chinese Yuan for Iranian Oil Payments via ICICI Bank: Report

Published on: April 18, 2026, 11:25 a.m. | Source: Times Now

India has been world's third-biggest oil importer and consumer. The country has not received a cargo from Tehran since May 2019, following US pressure not to buy Iranian crude, but supply disruptions from the war have hit the country., Economy, Times Now

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