US to ensure steady oil supply for India

US to ensure steady oil supply for India

The US decision not to extend waivers from sanctions on purchases of Iran’s oil is not intended to hurt India and Washington is working towards stabilising the global energy markets and maintaining steady oil supplies to friends and partners.

The issue of ending the sanction waivers and its fallout, including alternative energy supplies, figured in talks between Indian officials and visiting US principal deputy assistant secretary of state for South and Central Asia Alice Wells here on Tuesday.

The Trump administration’s decision is not aimed at hurting friends and partners and the US is in touch with key energy producers including the United Arab Emirates and Saudi Arabia to ensure stable oil supplies, people familiar with the matter said Read More

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