The Indian government is dealing with the matter having in mind the national interests of this country in the first place, he said.
Under the trade agreement between India and Iran, the West Asian country can pay India in rupees for its imports against oil exports to India, which New Delhi pays for in Iranian rial.
New Delhi is vulnerable to US sanctions under a 2017 law called CAATSA.
Russia -- already India's biggest arms supplier from 2014-18, accounting for 58 per cent of India's defence imports -- eyes more, reports Ajai Shukla.
The 75-member team of Indian Army's Grenadiers, which on Saturday participated in the event to commemorate Russia's victory in the Great Patriotic War, won hearts in Moscow for their marching skills, height and uniform.
P V Sindhu cemented her position as a dominant force on the world stage with an Olympic silver medal while Saina Nehwal continued to battle with injuries in a year, which saw Indian badminton take giant strides at the global platform. It turned out to be a watershed year for Sindhu, who reached the upper echelons of world badminton with a silver medal at Rio Games -- an achievement also for her mentor and chief coach Pullela Gopichand, who became the only Indian coach to produce two Olympic medallists. On the other hand, for the first part of the year, it was Saina's battle with injuries which dominated the headlines even though she was considered to be the best bet for India at Rio. The Indian ace fought against time to recover from an Achilles tendons and went on to win the Australian Super Series.