Germany Encourages India To Keep Buying Oil From Iran
07/24/2018
Germany’s minister of state for foreign affairs has encouraged India to continue buying Iranian oil, despite pressure from the United States, which Niels Annen called “irritating, to put it mildly.”
“I am not a salesman for Iran but I have an impression that India is willing to continue buying oil from Iran and this will be a very important statement,”Annen told Indian media, as quoted by Sputnik, also noting that whatever New Delhi decided, it would be a sovereign decision.
India is Iran’s top oil client, and it is also one of the countries that are most heavily dependent on oil imports.
This means that the consequences of U.S. sanctions on Tehran will spread to India, which already has a problem with too high international oil prices.India is a strong U.S. ally in Asia, but it has also been building better relations with Tehran, which puts it in a sensitive position.
https://www.zerohedge.com/news/2018-07-23/germany-encourages-india-keep-buying-oil-iran
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