India Tuesday said it was adequately prepared to deal with the impact of the US decision to end waivers that allowed it to buy Iranian oil without facing sanctions.
External Affairs Ministry spokesperson Raveesh Kumar said the government will continue to work with partner nations, including the US, to find all possible ways to protect India’s energy and economic security interests.
“The government has noted the announcement by the US government to discontinue the Significant Reduction Exemption to all purchasers of crude oil from Iran,” he said.
“We are adequately prepared to deal with the impact of this decision,” Kumar added.
