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Will deal with nations importing Iranian oil after November 4, warns Trump

India has its own energy requirements which it has to fulfill

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FILE PHOTO: US President Donald Trump walks from Marine One as he returns to the White House in Washington | Photo: Reuters

Reuters

Last Updated : Oct 11 2018 | 12:37 PM IST

President Donald Trump said on Wednesday that the US "will take care" of the countries which will continue to import oil from Iran after the November 4 deadline when US sanctions on Iranian oil purchases take effect.

"We will take care of them," Trump told reporters when asked about the decision of some countries like India and China to continue to purchase oil from Iran.

Oil Minister Dharmendra Pradhan on Monday said that two state refiners have placed orders for importing crude oil from Iran in November.

ALSO READ: US sanctions shows alarming signs of unilateralism in global ties: Iran

He had said that India has its own energy requirements which it has to fulfill. Indian Oil Corp (IOC) and Mangalore Refinery and Petrochemicals Ltd (MRPL) together have placed the order for 1.25 million tonnes (MT) of crude oil from Iran.

ALSO READ: India will buy Iran oil despite US sanctions, says Dharmendra Pradhan

Trump in May withdrew from the 2015 nuclear accord with Iran, re-imposing economic sanctions against the Persian Gulf nation. Some sanctions took effect from August 6 while those affecting the oil and banking sectors will start from November 4. Iran is India's third-largest oil supplier behind Iraq and Saudi Arabia.