Sunday, 21 July 2019 02:58 GMT

U.S sanctions fail to prevent India to import oil from Iran

(MENAFN) India will continue to import oil from Iran, regardless of U.S sanctions imposed on Iran.

"We have had several rounds of meeting with Iran and several other stakeholders. I can tell you that India continues to import oil from Iran. We have got a waiver in this regard and we will continue to be engaged with all the stakeholders as far as matters related to India's energy security are concerned," Raveesh Kumar, spokesperson for India's Ministry of External Affairs, affirmed on Friday afternoon during weekly media briefing.

A day after Washington threatened to impose additional economic sanctions against Iran, India once again reaffirmed that it will continue to import Iranian crude oil to achieve the country's energy needs.

Following the re-imposition of sanctions against Tehran, Washington granted exceptions to eight main oil purchasers - China, India, Japan, South Korea, Turkey, Taiwan, Italy and Greece, Sputnik news agency reported.


U.S sanctions fail to prevent India to import oil from Iran

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