India will decide on oil purchases in line with its national interests but Tehran is hopeful New Delhi will resume Iranian oil imports that have been hit by American sanctions, Iranian ambassador Ali Chegeni said on Tuesday. New Delhi stopped Iranian oil purchases after Washington ended on May 2 a six-month waiver that had allowed the top buyers, including India, to continue imports. Though the Iranian port of Chabahar, which India is developing as a gateway to Afghanistan, isn’t under sanctions, Chegeni said US actions had created uncertainty in the minds of investors and bankers. Somehow this is a sanction,” Iranian ambassador Ali Chegeni said, adding that operations at the port had picked up in recent months. “Nobody can ignore the importance of Chabahar,” Iranian ambassador Ali Chegeni added.

Source: Hindustan Times July 02, 2019 18:00 UTC