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Iran Accepts Renminbi for Crude Oil

May 08, 2012

Iran is accepting renminbi for some of the crude oil it supplies to China, industry executives in Beijing and Kuwait and Dubai-based bankers said, partly as a consequence of U.S. sanctions aimed at limiting Tehran’s nuclear program, the Financial Times reports.

Source: http://www.cnbc.com/id/47333004?__source=RSS*tag*&par=RSS
 
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