- Saturday, April 20, 2024
By: Radhakrishna N S
In a relief to India, the US said on Friday (2) that it will temporarily spare eight jurisdictions from Iran related sanctions to allow them to keep importing crude oil from OPEC member as the it reimposes sanctions on Tehran on Monday (5). India is one of the leading importer of Iranian crude oil after China. The re-imposition of the US sanctions against Tehran earlier created fear that India’s cheaper crude oil imports may stop amid rising crude oil imports bills of the country. India may have included in the list of the eight counties which are temporarily allowed to…
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