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  World   Americas  28 Jun 2018  End oil imports from Iran or face sanctions: US to India

End oil imports from Iran or face sanctions: US to India

PTI
Published : Jun 28, 2018, 2:28 am IST
Updated : Jun 28, 2018, 2:28 am IST

Iran is India's third-largest oil supplier behind Iraq and Saudi Arabia.

US President Donald Trump (Photo: AP)
 US President Donald Trump (Photo: AP)

Washington: The US has told India and other countries to cut oil imports from Iran to “zero” by November 4 or face sanctions, making it clear that there would be no waivers to anyone.

Iran is India's third-largest oil supplier behind Iraq and Saudi Arabia and supplied 18.4 million tonnes of crude oil during April 2017 and January 2018.

 

Last month President Donald Trump withdrew the US from the landmark Iran nuclear deal, re-imposing US sanctions that had been suspended in return for curbs on Tehran’s nuclear programme.

Now, Washington is stepping up pressure on all countries, including India and China, to completely stop buying oil from Iran. If they don’t, a US official said, Indian and Chinese companies would be subject to the same sanctions as those in other countries.    

Tags: oil imports, donald trump, iran nuclear deal