Tuesday, June 18, 2019

Posted at: Oct 12, 2018, 2:18 PM; last updated: Oct 13, 2018, 1:22 PM (IST)

Top US envoy holds talks with India on Iran oil

Top US envoy  holds talks with  India on Iran oil
For representation only. File photo

Smita Sharma
Tribune News Service
New Delhi, October 12

With the November 6 deadline looming for US sanctions to kick off against oil trade with Iran, hectic consultations are underway between Indian and American officials, as well as countries opposed to the US position. 

  US Special Representative for Iran Brian Hook and Assistant Secretary of State for Energy Resources Francis F Fannon today held meetings with oil and foreign ministry counterparts in Delhi.

  The US officials will head to Europe tomorrow for further discussions in Luxemborg, France and Belgium and raise concerns about Iranian regime’s alleged “continued missile proliferation”. 

China and India are major crude oil importers from Iran. Iran is the third largest supplier of oil for India after Iraq and Saudi Arabia. President Donald Trump, who pulled out of the Iran nuclear deal, has asked countries to reduce oil imports from Tehran to zero or else face sanctions. 

Meanwhile, India, it is learnt, is engaged in high level discussions with the European Union to seek alternative payments option for oil trade with Tehran even as a private Iranian bank is likely to set up shop in Mumbai to circumvent the US sanctions. 


All readers are invited to post comments responsibly. Any messages with foul language or inciting hatred will be deleted. Comments with all capital letters will also be deleted. Readers are encouraged to flag the comments they feel are inappropriate.
The views expressed in the Comments section are of the individuals writing the post. The Tribune does not endorse or support the views in these posts in any manner.
Share On