US Sanctions On Iran Disrupts India’S Oil Imports

US Sanctions On Iran Disrupts India’S Oil Imports

India has been pushed into a major quandary with the US President Donald Trump’s flat refusal to waive the sanctions on Iran for another 180 days beyond May one this year, thus, making India and eight other countries scamper for alternate supplies to meet its growing demand for oil as a fuel to keep its lifeline going. So, India has to stop importing crude oil from Iran following the US move (promised by the previous Obama govt) to end sanction waivers, and will use alternate supply sources such as Saudi Arabia to make up for the lost volumes.

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