US exploring alternative oil supplies to India

New Delhi / New York : A top US  administration official said Washington recognises India’s need for significant oil imports and is having conversations to ensure there are alternative supplies of the fuel “so that our friend India’s economy is not adversely affected”.

Earlier this year, the US had withdrawn from the 2015 Iranian nuclear deal and reimposed a series of tough sanctions on Iran. While the first phase of sanctions is already in place, the sanctions would come into full force on November 4 and the US expects all countries, including India, to bring down their import of Iranian oil to zero by then.

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