Iran Sanctions: India Will Not Cut Iran Oil Imports to Zero

Iran Sanctions: India Will Not Cut Iran Oil Imports to Zero

India will not cut all its crude exports from Iran, a senior Indian government official told Reuters.

“Definitely we are not going to zero,” the official said to the news agency, adding that the government will clarify its purchasing policy following high-level talks with the US in September.

India’s Foreign Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman are set to meet US Secretary of State Mike Pompeo and Defense Secretary Jim Mattis are set to meet in what is known as a 2+2 dialogue on September 6.

US sanctions on Iran’s oil sector will be introduced at the end of the 180-day wind-down period on November 4, and Washington is pushing countries to halt all trade with the country.

India remained one of the few countries to continue buying Iranian oil during the last round of sanctions before the signing of the 2015 nuclear deal.

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