Iran FM holds talks with Sushma Swaraj amid tensions with US

Image
ANI Asia
Last Updated : May 14 2019 | 1:50 PM IST

Iranian Foreign Minister Mohammad Javad Zarif held talks with External Affairs Minister Sushma Swaraj here on Tuesday.

The meeting between the two foreign ministers comes in the wake of heightened diplomatic tension between Iran and the United States after Washington on April 22 announced that no fresh sanction waivers will be issued for Iranian oil imports to eight countries, including India.

Zarif, who is on a two-day visit to India, had said the US is escalating tensions 'unnecessarily'.

"Unfortunately the United States has been escalating the situation unnecessarily. We do not seek escalation but we have always defended ourselves," he had told ANI soon after arriving in India.

After the US' announcement, India, the second largest buyer of Iranian oil after China, had said it was adequately prepared to deal with the impact of the decision to end waiver.

Three of the eight countries who received the waivers, namely Greece, Italy, and Taiwan, have already reduced their Iranian oil imports to zero.

On Sunday, Iranian President Hassan Rouhani had said that the country could see economic conditions worse than what prevailed during the 1980-88 war with Iraq, due to 'unprecedented pressure' from international sanctions.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

More From This Section

First Published: May 14 2019 | 1:41 PM IST

Next Story