New Delhi has always affirmed that India does not seek a waiver from any country or group of countries on unilateral sanctions on importing Iranian crude. The Indian government told Parliament on several occasions that it was bound by UN sanctions…
New Delhi has always affirmed that India does not seek a waiver from any country or group of countries on unilateral sanctions on importing Iranian crude. The Indian government told Parliament on several occasions that it was bound by UN sanctions, and that unilateral sanctions either by the US or the European Union do not impact its legitimate trade relations with Iran. But the figures say otherwise.
India's crude oil imports from Iran are shrinking gradually. The tacit reason is US pressure. That fact is evident from US Secretary of State John Kerry's announcement, three months ago. He said India qualified for an exception from (US-imposed) sanctions because it substantially reduced import of Iranian crude.