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Syria-Lebanon-Iran
India Cuts Iranian Oil Imports Ahead of November Deadline
2018-09-17
[LI] India, the second biggest oil customer for Iran, has begun cutting Iranian crude oil imports ahead of the November deadline set by the Trump administration, Indian newspapers report. The United States is expected to impose a fresh round of crippling sanction on Tehran in early November, targeting the country’s oil industry ‐ Islamic Republic’s main source of revenue.

The news comes a week after U.S. Secretary of State Mike Pompeo told India to bring its ’oil imports from Iran to zero,’ during a official visit to New Delhi. "We have told the Indians consistently, as we have told every nation, that on November 4th the sanctions with respect to Iranian crude oil will be enforced," he told Indian reporters earlier this month. "We will consider waivers where appropriate, but that it is our expectation that the purchases of Iranian crude oil will go to zero from every country, or sanctions will be imposed."

Despite Secretary Pompeo’s clear stance, New Delhi still hopes to get Obama-era waivers on oil imports from Iran. "India is one of the countries which is likely to get some waiver, given the strategic nature of [India]-US ties," the CNN-affiliated Indian TV network reported.

However, there are signs that New Delhi might be getting ready to halt all oil imports from Iran. India’s Petroleum Ministry has told refiners to brace themselves for a "drastic reduction or zero" Iranian imports, media reports disclosed.
Posted by:Frank G

#2  I think President Trump means what he says. I would recommend acting accordingly. Playing games with Iran is not a good policy, sanctions or not.
Posted by: Alaska Paul   2018-09-17 13:59  

#1  He, he, he
Posted by: g(r)omgoru   2018-09-17 06:40  

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