Lets see how long before India buckles under pressure from the US.
US threatens sanctions against India over Iran oil - The News
WASHINGTON: The Obama administration is threatening to impose sanctions on India over its continued economic ties with Iran amid disagreements between Washington and New Delhi over how much and how soon the latter is reducing oil imports from the (in US eyes) pariah nation.
India has “failed” to reduce its purchase of Iranian oil and if it doesn’t do so, President Barack Obama may be “forced” to impose sanction, unnamed administration officials were cited as telling Bloomberg wire service. A decision in this regard could come as early as June 28, they added, implicitly offering New Delhi a ten- week window to show a decline in Iranian oil imports.
Indian officials have contested the US assessment by insisting New Delhi is scaling down Iranian oil imports with more reduction in the pipeline, but that concession has been offset by India’s commerce ministry’s well-publicised efforts to ramp up trade with Iran in other areas, a move that has not gone unnoticed by the powerful pro-Israeli lobby in US.
The potent American Jewish Committee (AJC), which holds Israeli interests dear to its heart, raged against an Indian business delegation being shepherded to Iran by the Indian commerce ministry, pointing to it as an example of New Delhi’s perfidy at a time Israel is India’s close military and counter-terrorism partner.
However, India has informally conveyed to Washington that it has advised its refineries, many of which are geared towards processing Iranian crude, to seek alternate supplies and gradually reduce their dependence on Iran. That process may take some time to kick in since annual crude contracts with Iran are April to March, so the reduction will start to show from next month.
Re: US threatens sanctions against India over Iran oil
InshaAllah soon
Re: US threatens sanctions against India over Iran oil
Inshallah, it will stand its ground (as are the rest of the world) and look out for its needs first, rather than serving israel interests.
Re: US threatens sanctions against India over Iran oil
india's iran policy has been absolutely pathetic and highly provocative for no reason whatsoever. it could have quietly continued to buy oil and use the "we need the oil" defense. but at the peak of global pressure on the ayatollah cult, for india to express its support for iran's nuclear program and then to send a massive trade delegation to iran to explore new trade opportunities...it's just irresponsible.
india's foreign policy is being dictated by brain-dead dinosaurs from the cold war/non-alignment era who are instinctively anti-american and have no foresight. these idiots are needlessly dragging india into the corner of a global pariah.
Re: US threatens sanctions against India over Iran oil
The article on CNN mentioned that India plans to start cutting back in April. I don't think India would really object as they also pulled out of the IPI pipeline under american pressure, even when its own energy needs had forced it to take the bitter pill of dealing with Pakistan. I don't think America can do anything about China, but china might push and get further rebates from Iran. Pakistan could also benefit right now, but it depends if we had a good leadership negotiating with Iran.
Re: US threatens sanctions against India over Iran oil
india's iran policy has been absolutely pathetic and highly provocative for no reason whatsoever. it could have quietly continued to buy oil and use the "we need the oil" defense. but at the peak of global pressure on the ayatollah cult, for india to express its support for iran's nuclear program and then to send a massive trade delegation to iran to explore new trade opportunities...it's just irresponsible.
india's foreign policy is being dictated by brain-dead dinosaurs from the cold war/non-alignment era who are instinctively anti-american and have no foresight. these idiots are needlessly dragging india into the corner of a global pariah.
Not really. At least they have their own mind to look out for their own interest, as opposed to slaving after another country that would rape it given half the chance. look at your neighbours and how far this 'friendship' got them. learn from their experience.
do u think they would return the favour for your cowardly behviour?
the only pariahs are themselves. the rest of the world continue to trade as normal.