India won’t resume Iranian oil imports ‘any time soon,’ says top official


India won’t resume Iranian oil imports ‘any time soon,’ says top official

After ending all imports of oil from Iran last month due to increasing U.S. sanctions, India may not restart buying Iranian oil in the near future, the prominent Indian news outlet ThePrint disclosed. “India has no plans to resume oil purchases from Iran “anytime soon” even as New Delhi has been able to settle with Washington the issue of obtaining pending shipments from Tehran,” ThePrint reported citing a top Indian official.

India, Iran’s second-largest buyer after China, imported nearly 23.5 million tons of crude oil from the country in financial year 2018-19, contributing more than 10 percent of its demand. Read More 

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