Sunday, July 14, 2013

India to Pay in Rupees for Iran's Oil


Iran has agreed to take all oil payments from India in rupee after the U.S. and Western sanctions blocked other payment routes and a Russian route to make payments in rubles did not work out, Deccan Herald reported today.

India has to settle its $1.53 billion dues with Iran in rupees. Until February this year, the Indian oil import payments were made mostly in euros, with the money going through Turkish Halkbank. Since then, Indian crude oil importers have held on to their payments. 

12 comments:

Anonymous said...

This situation will remain the same as long as Zionists control the sanctions regime at the US Treasury. There is no chance of sanctions ever being lifted as the US is having enough problems globally with the stasi snooping and EU anger. The mullahs are bi-polar and need to decide if Iran's nuclear program is worth it or not. If they are serious about developing a nuke then test it and let the chips fall where they will.

These sanctions, without the final warlike act of total energy sanctions will get worse and ordinary Iranians will keep on suffering. It is this idiotic policy of neither opening up the nuclear program to western demands or withdrawing from the NPT and testing is nuke is the main issue the US/Zionists use it to keep up the pressure on Iran. The nuclear issue is just another stick, the real issue remains the Zionist delusional quest for regional hegemony and Iran's ambiguous nuclear position just plays in their hands.

The best approach is to take the North Korean approach and test a nuke. Believe me, there are no further "sanctions" avenues left, short of a suicidal war which the bankrupt US simply can not afford as the deadbeat US economy will implode, the EU is in total meltdown anyway. Iran has nothing further to lose by testing a nuke, or the slow economic strangulation will kill the economy and end the mullah regime. Ordinary Iranians are paying a very high price for mullah madness.

Anonymous said...

I`d take rupees over roubles or euros any day,iran is right to dump the euro and the dollar

Anonymous said...

Anon 3:40AM

You are very mistaken in your fore gone conclusion.

Each and every Iranian bank isn't on the sanctions list, nearly half of the 30+ something banks are being sanctioned. It's possible for the sanctions to get tougher and more far reaching. Iran testing a nuke would be the best invitation for sanctioning all of Iran's banks (affecting the Indian transactions aswell). A nuke test will give the West reason to sanction Iran to no ends with catastrophic consequences for the people of Iran. Don't you dare believe they have a heart...remember Iraq?

Anonymous said...

Of course you would.If the Islamist regime would have excepted horse shit you would say that was the best move.

Anonymous said...

I would agree with some of your points, however, this nuclear issue is a high stakes gamble and so far Iran has paid an escalating price and achieved nothing, but misery for its people and economy. If a complete charity case like failed Pakistan or impoverished India, not to mention DPRK can test a nuke and withstand "western" pressure, energy rich Iran is in a far better position. You are correct the Zionist led "west" is heartless, greedy, envious, but not suicidal. Once Iran tests a nuke and weaponizes its missiles, there is not much these losers can do. Iran is too big to be completely sanctioned, specially in a destabilized middle east and energy hungry world. US is heading for a socio-econimic implosion itself and is bankrupt anyway, EU is in an eternal mess. Iran's trade and economy is tied to Asia. India and China would welcome a nuclear Iran as a stabilizing force considering their threat from Wahabbi scum, China has openly stated that the Takfiri cannibals from Syria and Pakistan are destabilizing its Xinjiang-Uyghur Muslim population. Chinese have been seeking Iran's assistance in fighting Wahabbi terror and the Chinese see Iran as a moderate ally.

Russia is hypocritical and apprehensive about Iran due to its historical animosity and weakening Slavic demographics with rising Muslim population, but will also accept a nuclear Iran as a fait accompli. The developing, G-77 and BRICS will also be quite comfortable with a nuclear armed Iran as they have already supported Iranian position in various global forums. Only the US/Zionists, British lapdogs and French poodles will bleat for a few days, rest of the Europeans don't give a hoot whether Iran has the bomb or not. Actually Germans will be quite please with a nuclear armed Iran as their public is increasingly anti US/Zionists after the incompetent CIA/NSA snooping on their communications.

Once a test is conducted there will usual huffing and puffing for few days and then these bankrupt idiots will recognize Iran as a nuclear armed state. The problem is confusion in Iran's chaotic policy making hierarchy as an aging Khamenei is running the show without any clear national policy on nukes. Either go nuclear or stop. There is nothing as a half pregnancy.

Anonymous said...

LOL!

Anonymous said...

As opposed to a malcontent like yourself who would oppose anything the iri did just for the sake of it

Anonymous said...

India and Iran getting closer as US fades

Indian External Affairs Minister Salman Khurshid visited Tehran last weekend to attend the 17th meeting of the India-Iran Joint Commission. Though the most surprising outcome of the visit was the agreement on a common diplomatic initiative for resolving the Syrian crisis, a number of other agreements, including for the expansion of the strategically important Chabahar port on the Arabian Sea, signal a closer alignment on a more critical geopolitical interest that the two sides share: ensuring long-term stability in Afghanistan. Clearly the scheduled U.S. military withdrawal from Afghanistan is driving a new diplomatic engagement between India and Iran.

http://www.worldpoliticsreview.com/articles/12931/as-u-s-leaves-afghanistan-india-reconsiders-iran-policy

Anonymous said...

Being called a "malcontent" by the likes of you is like the pot calling the kettle black.

Anonymous said...

That makes absolutely no sense,I think you`ll find that most of the populace supports the iri and that malcontents like yourself are a very small minority as they are in most societies

Anonymous said...

That's the problem with abysmal people like yourself.You absolutely have no sense and are spinners of nonsense.

Anonymous said...

You're really convinced by your dribble.
US calls the shots with remote control.LOL!