India will decide Iran oil imports after polls

Saudi oil tankers ‘sabotaged’ as U.S.-Iran tensions increase

Decision on oil imports will be taken after general elections in India, External Affairs Minister Sushma Swaraj has conveyed this to Iran.

The talks by the two foreign ministers came 12 days after the U.S. ended six-month-long exemptions from sanctions to India and seven other countries to buy oil from Iran. It didn't give any details. That was after Washington announced in April that there would be no extension of the temporary exemption it had granted India and seven other countries, which had allowed them to import some Iranian oil from November when the sanctions had kicked in.

After the US' announcement, India, the second largest buyer of Iranian oil after China, had said it was adequately prepared to deal with the impact of the decision to end waiver. India bought 23.6 million tons of Iranian oil in the financial year ending in March 2019. The waiver ended early this month.

Realistic summer transfer fixes for Manchester United's malaise
They could yet finish the season 32 points off the top of the table and Solskjaer is well aware of the job facing him. Asked about a move for James on Friday morning, Solskjaer said: "I can't comment on every single individual".

India, the world's third biggest oil consumer, meets more than 80 per cent of its oil needs through imports.

India is helping Iran develop Chabahar Port on the Gulf of Oman for trade with Afghanistan and Central Asia, bypassing Pakistan, which has refused to provide New Delhi access through a land route.

The visiting Iranian foreign minister evaluated his meeting with his Indian counterpart "positive and constructive" and added, "as we have clarified positions of the Islamic Republic of Iran for our trade partners such as Russian Federation, today, latest developments on JCPOA and measures taken by Iran in this field were also explained clearly". "This was part of their consultation with other countries in the region, including Russia, China, Turkmenistan and Iraq, over the last few days", said a source. This project is unlikely to be hit by the USA sanctions on Iran.

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