(Mint)
(Mint)

India ready to deal with impact of US sanctions on Iran

  • India will get extra supplies from other oil producing countries to compensate for loss of Iranian oil: Foreign ministry
  • India was Iran's top oil client after China

New Delhi: India is ready to deal with the impact of US sanctions against Iran and will get extra supplies from other oil producing countries to compensate for loss of Iranian oil, foreign ministry spokesman Raveesh Kumar told a news conference on Thursday.

India was Iran's top oil client after China. However, New Delhi has stopped purchases of Iranian oil from May after the US ended six months of waiver that had allowed OPEC member Iran's eight top customers including India to import limited volumes.

Also read: As US sanctions kick in, Indian refiners brace for costly crude

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed

Close