EghtesadOnline: Italian oil refiner Saras cleared in the first quarter of this year the debt it owed Iran for oil bought before sanctions were imposed, general manager Dario Scaffardi said.

EghtesadOnline: Italian oil refiner Saras has paid back 100 million euros ($112 million) of the debt it owes Iran for cargoes of crude oil taken before sanctions were imposed on the country in 2012, the company's managing director said.