The United States has decided to stop issuing waivers for the purchasing of Iranian crude oil has disrupted India’s base line and it hoped that Washington will project akine flexibility in issues it considered to be vital, said Indian Ambassador to the United States Harsh Vardhan Shringla.
On the sidelines of the program hosted in Washington by The Heritage Foundation, Mr. Shringla told Sputnik that “it was an important priority for the US and we went along with it. But we also expect the United States to show similar sensibility when it comes to our priorities.”
He continued, “It has been a challenge to find alternative sources of oil at the same price and quality, and it has affected the bottom line in India.”
He commented that the decision of India to oblige the US Sanctions is based on the significance of the India-US Relationship, adding that “both sides need to recognise that.”
In November 2018, President Donald Trumps’ Administration has introduced the full extent of its sanctions against Iran that targeted its banking, energy, aviation, and shipping sectors.
Iran’s top 8 customers of crude oil- Greece, China, Japan, Italy, South Korea, Turkey, India and Taiwan – were offered waivers that permitted them to primarily continue buying crude oil from Iran. Washington has explained that these countries had agreed to limit oil imports from Tehran.
Washington has also announced that it will not reissue waivers from oil importers after it expires on May 2.
Tension between the United States and Iran raised when President Trump, a long-time critic of 2015 Nuclear Deal has pulled out the agreement in May 2018.