Will Meet India’s Oil Needs If US Sanctions Hit Iran Imports: Saudi Envoy


Will Meet India’s Oil Needs If US Sanctions Hit Iran Imports: Saudi Envoy

Saudi Arabia is ready to meet India’s need for additional oil supplies should the US sanctions on Iran hit energy imports, the Saudi ambassador said on Wednesday.

Iraq and Saudi Arabia are the top two suppliers of energy to India, which imports more than 80% of its oil. The US has said it wants India and other buyers of Iranian crude to reduce imports to “zero” by November 4, when sanctions will kick in against Iran.

“We have been a consistent and reliable supplier of energy to India and other countries. We will always be there to meet any demand of our customers, including India,” Saudi Arabian ambassador Saud bin Mohammed al-Sati told a group of journalists. Read More

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