India to decide on resuming Iranian oil buy after Lok Sabha polls: Report

Iran's Foreign Minister Javad Zarif held talks on the issue with Sushma Swaraj

External Affairs Minister Sushma Swaraj greets Iranian Foreign Minister Mohammad Javad Zarif  in New Delhi on Tuesday 	Photo: PTI
External Affairs Minister Sushma Swaraj greets Iranian Foreign Minister Mohammad Javad Zarif in New Delhi on Tuesday Photo: PTI
Reuters New Delhi
1 min read Last Updated : May 15 2019 | 2:15 AM IST
India told Iran on Tuesday it will decide on its oil imports after elections end this month, in line with its economic interests, a government source said.

Iran's Foreign Minister Javad Zarif held talks on the issue with Sushma Swaraj during a visit to New Delhi. India has suspended imports of Iranian oil from May because of renewed US sanctions on Iran.

"On purchase of oil from Iran, EAM (External Affairs Minister) reiterated the position that a decision will be taken after the elections keeping in mind our commercial considerations, energy security and economic interests," a government source said.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story