Iran Assures India It Will Supply Enough Oil

PM A'Paper Tiger, Gave In To US Pressure On Iran Oil Imports Congress

PM A'Paper Tiger, Gave In To US Pressure On Iran Oil Imports Congress

Amid concerns over the import of oil from Iran following USA sanctions, India today said whatever is mandated to be done in its national interest will be done. Ansari said that India-Iran ties dated back to thousands of years.

On the US reaching out to India over reducing oil imports from Iran, Kumar said the US State Department had said "they would like to get in touch with or they are prepared to engage in discussions" with various countries.

This might very well suggest that Iran has barter plans for India as it has for other oil buyers as a means of bypassing sanctions. Everybody knows India imports 80 per cent of its requirement of crude oil from overseas. It is located in our neighbourhood and borders - Pakistan and Afghanistan.

He further said, "We do welcome such engagements. The Indian and Iranian governments understand each other and we share warm and cordial relations with Iran", he added.

The Congress today slammed the government over the decline in India's oil imports from Iran in June, saying it shows that Prime Minister Narendra Modi is a "paper tiger" who has given in to USA pressure. The prime minister has "once again prioritised" the US' interests over India's national interests when it comes to controlling fuel prices, he told reporters in the national capital.

"The reduction in import of oil from Iran will directly squeeze the pockets of the common man, reduce supply, increase fuel prices and bloat the current account deficit", said Congress spokesperson Jaiveer Shergill.

Iran today said it will do its best to ensure security of oil supply to India, asserting that it has been a reliable energy partner for New Delhi.

In response to a question on the comments made by Iran Deputy Ambassador and Charge d'Affaires Massoud Rezvanian Rahaghi at a seminar on Tuesday that New Delhi would stand to lose "special privileges" if it cut import of Iranian oil following USA sanctions, Ministry of External Affairs spokesperson Raveesh Kumar said his remarks were "misquoted" and that the Iranian side had issued a clarification in this regard. Further, the statement said Iran will make sure to offer India flexible measures to facilitate bilateral trade and particularly Indian exports to Iran, the New Indian Express reports. In an address at a seminar yesterday, Rahaghi said Iran will end the privileges being provided to India if it tries to source oil from countries like Saudi Arabia, Russia, Iraq, the United States and others to offset cuts in Iranian oil import.

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