Ecuador Plans to Buy $400 Million of Iranian Fuel, Minister Says

Ecuador will buy $400 million of fuel from Iran to cover a shortage in the South American country, Foreign Minister Ricardo Patino said in a statement e-mailed late yesterday.

To contact the reporter on this story: Nathan Gill in Quito at ngill4@bloomberg.net.

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net.

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