U.S. Pressure on India to Cut Iran Oil Imports

Sanctions on IRI Central Bank disrupting oil trade

Reuters - India is not seeking a waiver from the United States that would protect buyers of Iranian oil from a fresh round of sanctions and New Delhi continues to import from Tehran, Indian Foreign Secretary Ranjan Mathai said on Tuesday. New U.S. sanctions, authorized on December 31 and which penalize any financial institutions dealing with Iran's central bank, could make it more difficult for India to pay Iran for oil imports and a delegation is currently in Tehran for talks >>>


17-Jan-2012
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