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Key US ally to ignore Trump’s Iran sanctions – News for the Oil and Gas Sector



Key US ally to ignore Trump’s Iran sanctions – News for the Oil and Gas Sector
Key US ally to ignore Trump’s Iran sanctions – News for the Oil and Gas Sector

President Donald Trump may have ordered the re-imposition of sanctions on Iran, but one of Asia’s biggest oil importers — and a key strategic ally of the U.S. — plans on ignoring them. India, a long-time buyer of oil from both Iran and Venezuela, only complies with United Nations-mandated sanctions and not those imposed by one country on another, said foreign minister Sushma Swaraj at a press conference in New Delhi on Monday. “India will comply with UN sanctions and not any country-specific san…

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