US is ex­plor­ing al­ter­na­tive oil routes to help In­dia

Business Standard - - FRONT PAGE -

With a tougher round of US sanc­tions on Iran com­ing into ef­fect from Novem­ber 4, a top US gov­ern­ment of­fi­cial said Wash­ing­ton recog­nised In­dia's need for sig­nif­i­cant oil im­ports and was hav­ing con­ver­sa­tions to en­sure there were al­ter­na­tive sup­plies of the fuel. Ear­lier this year, the US had with­drawn from the 2015 Iran nu­clear deal and reim­posed sanc­tions on Iran.

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