Reuters: Money News: India could save $8.5 bln by buying extra Iranian oil - minister

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India could save $8.5 bln by buying extra Iranian oil - minister Aug 31st 2013, 19:24 NEW DELHI (Reuters) - India could save $8.5 billion in foreign exchange spending on crude oil imports in 2013/14 if it relied more on supplies from Iran, which is able to accept payment in rupees, Oil Minister M. Veerappa Moily said.

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