India has stopped importing oil from Iran since the American waivers granted to eight buyers expired early this month, New Delhi’s envoy here said on Thursday.
Indian ambassador Harsh Vardhan Shringla said that India had also ended its oil imports from Venezuela despite feeling the pinch.
The US had re-imposed its sanctions on Iran in November in view of its nuclear programme. On May 2, it ended the waivers that had allowed the top buyers of Iranian oil, including India, to continue their imports for six months.
In January, the US imposed sanctions on Venezuela’s most important global business — producing and selling crude oil — to try and force socialist President Nicolas Maduro out of power.
