Times of Islamabad

Iran sanctions waiver for India: Donald Trump administration makes key announcement

Iran sanctions waiver for India: Donald Trump administration makes key announcement

NEW DELHI – The US decision to let India keep buying oil from Iran afterreimposition of sanctions on the Persian Gulf nation is a reassertion thatinterests of consuming nations can not be ignored, Indian Oil MinisterDharmendra Pradhan said Saturday.

The US administration has allowed India and other seven countries to keepimporting oil from Iran, despite its reimposition of crippling sanctions onthe Persian Gulf nation from November 5, PTI has reported.

“Hon’ble Prime Minister’s forceful campaign has been that you can’t ignoreinterests of consuming countries. Understanding geo-political situation,India has been able to get its way.

The US has given waiver to some countries including India,” Pradhan toldreporters on the sidelines of an agreement signing event between CSCe-Governance Services and oil marketing companies – BPCL, India Oil andHPCL.