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Sunday, July 3, 2011

Iran Threatens To Halt Crude Supplies To India

Iran has “seriously warned” India that it could halt crude supplies if New Delhi failed to pay overdue payments hampered by international sanctions against Tehran, the oil ministry said Sunday.

“We have seriously warned the Indian side of the possibility to halt oil exports if a solution is not found to clear its arrears,” Fars news agency quoted National Iranian Oil Company managing director Ahmad Ghalebani as saying.

From: http://ping.fm/Qs6qe

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