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Iran's 'distressed' oil to keep flowing - at deep discount
cnn / By Steve Hargreaves12-Jan-2012 (one comment)
New YORK (CNNMoney) -- Despite tightening sanctions on Iran's oil industry, experts say the country's crude should still flow -- but perhaps at a deep discount.
In fact, the bargaining has already begun, two analysts said.
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Lot's of deals were made ..
by Joubin on Thu Jan 12, 2012 10:36 PM PST//www.uskowioniran.com/2012/01/india-to-pay-f...
Apparently the Rupees are to be held in an account to be opened for NIOC in Indian banks. They won't even get to see the useless funds; it will stay put in the Indian economy.
And who knows what sort of sweet deal the Chinese, the South Koreans, and the Japanese, got from IRI.
Bravo, Qom Inc. Master must be quite pleased with you!