The meeting comes amid the heightened diplomatic tension between Iran and the United States after Washington announced that no fresh sanction waivers will be issued for Iranian oil imports to eight countries including India.
India and China are currently the largest importers of Iranian oil. Three of the eight countries who received the waivers -- including 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 be under worse economic conditions than during the 1980-88 war with Iraq, due to 'unprecedented pressure' from International sanctions.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)