Yes, it might amuse you but it’s 100 percent valid. India is facing various difficulties for payments in exchange for oil, after US and several European countries have imposed numerous restrictions on Iran’s nuclear Trial.
It’s obvious that India pays Iran in terms of Dollar, which travels through European routes, but after the imposition by other countries, India is going through various hindrances.
Earlier, Rupee and Yen were declared as a mode of payment to Iran, but concluded with Gold in exchange for Oil, the final verdict on which is still awaited.
Few days back a team of representatives went Iran to solve this major issue. Now if Gold be put as a mode for payment, this metal won’t let you sleep, as its price would boost in International market which
could deteriorate the value of Dollar.