India has a “robust plan” to import oil from other countries, the Ministry of External Affairs said, even as the deadline for the U.S. sanction waiver for oil imports from Iran expired on Thursday without an extension from the U.S.
Last year, the U.S. re-imposed sanctions on Iran, prohibiting countries from importing oil from it, but waived these sanctions for eight countries, including India. That waiver has now expired and the U.S. announced last month that it would not be extending it.
The U.S. refused to change its stance despite a last-minute call by External Affairs Minister Sushma Swaraj to U.S. Secretary of State Mike Pompeo on Saturday.