Decision on oil purchase after Lok sabha polls, India tells Iran - News Summed Up

Decision on oil purchase after Lok sabha polls, India tells Iran


He last visited India in January, and the current trip was organised at short notice at Zarif’s request, the people cited above said. The US decision to end exemptions to sanctions on Iranian oil imports on May 2 has hit India. The sanctions were imposed after President Donald Trump unilaterally withdrew the US from the 2015 nuclear deal between Iran and world powers. Zarif briefed the Indian side on Iran’s approach to developments in the region, including on JCPOA, and also reviewed bilateral cooperation. The impact of the sanctions on Iranian oil exports, the country’s main revenue earner, prompted Tehran to threaten last week that it would roll back its compliance with the nuclear deal.


Source: Hindustan Times May 14, 2019 17:03 UTC



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