Which bank will not handle payments for crude from Iran from November – InterviewSolution

InterviewSolution

1.	Which bank will not handle payments for crude from Iran from November 2018?
Answer» SBI has informed refiners it will not handle payments for crude from Iran from November 2018. Such a move from the SBI would come after US President Donald Trump pulled out of an international nuclear deal with Iran on May 8 and said he would reimpose sanctions within 180 days. Reliance Industries Ltd (RIL), owner of the world's biggest refining complex, plans to halt oil imports from Iran while Rosneft-promoted Nayara Energy has started cutting purchases from this month.

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