What possible impact of the India decision on US thaata sanctions?

[LordOfMud]

India Follows UN Sanctions, Not US Sanctions On Iran

Responding to a question on whether the sanctions imposed by the United States on Iran and Venezuela will affect India's oil imports from the two countries, External Affairs Minister Sushma Swaraj said today that India only recognises sanctions imposed by United Nations.

"We only recognise UN sanctions. We do not recognise any country-specific sanctions," Ms Swaraj said today in a press-conference.

Iran is India's third largest oil supplier. Venezuela is also one of the major suppliers of oil to India.

Trump announced his decision, reimposing the economic sanctions against Iran.

The US had also announced more sanctions against Venezuela, following re-election of President Nicolas Maduro.

However, officials said the US decision to reinstate financial sanctions on Iran would not impact India's oil imports as long as European countries did not follow suit.

[Android_Halwa]

previously kuda sanctions vunapudu, with out any issues we continues trade with iran...however it was a rupee transaction and it was both win win situation for both the countries then..

hiping so..ipudu kuda ade chestaru anukunta...indian basket for iranian crude is usually 10% cheaper than west texas instrument crude oil and payments in rupees....its actually beneficial especially when oil prices are rising..