Intensifying Iran-US tensions place New Delhi in a difficult spot

Visiting Iranian foreign minister Javad Zarif was told by Indian external affairs minister Sushma Swaraj that a call on oil purchases from Iran will be taken after the Lok Sabha polls keeping in mind India’s commercial considerations, energy security and economic interests.

This is a sensible position given that suitable adjustments may need to be made after a new government is formed in New Delhi. But there are several reasons why India should find ways to continue buying oil from Iran, while convincing the US that it is a strategic necessity for India.

First, Iran is the third largest supplier of oil for India and meets around 10% of its total needs. Thus, replacing Iranian oil will be difficult and expensive. Read More

You may also read!

Buy air tickets for just Rs 899! GoAir mega million sale begins; check offer details

GoAir sale: In a relief for fliers, one can purchase cheap flight tickets from GoAir. GoAir is offering a


Delhi Airport To Deploy Taxibots As Part Of Green Aviation Initiatives

Delhi International Airport Limited (DIAL), a GMR Group-led consortium, said on Monday that it is ready for commercial operations


Pakistan Security Forces Foil Terror Attack Near Quetta Airbase

At least one Pakistani soldier was killed in a skirmish with terrorists, who attempted to raid Makki Garh Post


Leave a reply:

Mobile Sliding Menu