NEW DELHI: India has secured additional supplies from other oil exporting countries to tide over shortages that New Delhi will incur when US sanctions on Iran’s oil exports kick in on Thursday.
Indian foreign ministry spokesman Raveesh Kumar told reporters that India’s decision to import oil was based on many factors, “including commercial considerations and keeping our legitimate energy and economic security interests in mind”.
Kumar was answering questions regarding US sanctions on Iran’s oil exports aimed bringing the country back to the dialogue table to renegotiate the 2015 nuclear deal. That deal was negotiated by the US under the Barack Obama Administration, Russia, China, the UK, France, Germany and Iran.
