India is looking to balance its ties between the US and Iran even as New Delhi plans to source oil from alternate sources following expiry of waiver for Iranian oil imports from early May. New Delhi plans to assert its strategic autonomy by continuing to pursue its partnership with Tehran in long-term strategic interests, according sources.
India’s sole gateway to Iran is through Afghanistan and provides a shorter route to Central Asia and Eastern Russia via the Chabahar Port. Central Asian majors Kazakhstan and Uzbekistan want to connect with India to push their respective economic partnerships with Delhi and connections tivity via Iran remains the most viable option, said a source.
Iran is also a key element in India’s Indo-Pacific construct to connect Eurasia with Indian Ocean and Pacific as Delhi hopes to provide an alternative to China’s Belt and Road Initiative, another source said. Read More
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