GlobalEnergySectors

US Asks India to Stop Oil Imports From Iran

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The US has asked all countries, including India, to stop all oil imports from Iran by November 4, as it ruled out any exemption to India and Indian companies from its reimposed Iranian sanctions regime for them carrying out any transaction with Iran.

“On China and India, yes, certainly,” a State Department official told reporters when asked if the US has told all countries, including India and China, to stop all their imports of Iranian oil by November 4.

He said Indian and Chinese companies would be subject to the same sanctions as those in other countries. Given the huge energy needs, India and China are major importers of Iranian oil.

 

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