Iran oil imports put India in tough spot


Iran oil imports put India in tough spot

The United States announced its withdrawal from the Iran nuclear deal in May 2018.

The deal, also termed as the Joint Comprehensive Plan of Action, was signed in July 2015 between the five permanent members of the UNSC and Germany on one side and Iran on the other. The US re-imposed all earlier sanctions on Iran in November last year. As per President Donald Trump, this was the ‘worst deal ever’.

While China, also a signatory to the deal had some reservations, mainly that the deal permitted Iran to develop weapons outside the agreement including ballistic missiles, it accepted the same.  Read More

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