Centre examining details of exemptions by US on importing Iranian oil

We appreciate the US government has taken into account our need for energy security, said Raveesh Kumar

narendra modi, oil, iran oil, oil prices, crude oil, us sanctions, Iranian oil, us sanctions on iran, indian oil import, indian oil sanctions waiver, Iran oil exports, donald trump, trump administration
Prime Minister Narendra Modi looks on during BJP National Executive Meet, in New Delhi, Saturday
Reuters New Delhi
Last Updated : Nov 09 2018 | 5:00 PM IST

India is examining the details of exemptions given to the country by the United States that will allow it to continue to buy Iranian crude oil, a foreign ministry spokesman said on Friday.

The United States on Monday re-imposed sanctions against Iran's oil exports to punish Tehran for its involvement in several Middle Eastern conflicts. India is one of its biggest customers.

ALSO READ: Iran oil waivers: How India, China are lining up after US exemptions

"We appreciate the US government has taken into account our need for energy security," said Raveesh Kumar. "India is a major importer of crude from Iran and it is very important for our energy security requirement."

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First Published: Nov 09 2018 | 3:36 PM IST

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