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Source: http://in.reuters.com/article/2013/01/15/iran-mercator-india-idINDEE90E0CA20130115
India Insures Iranian Oil Ship
(Reuters) Nidhi Verma - A loophole in an Indian insurance scheme has allowed Iran's state-run oil tanker company NITC to charter a vessel insured by India's state-run firms, industry and shipping sources said on Tuesday.