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India will not completely halt Iranian oil imports and will finalize its strategy on crude purchases from Tehran after a meeting with top US officials next week. a senior government official said.
US Secretary of State Mike Pompeo and Defence Secretary Jim Mattis will hold high-level talks with India`s Foreign Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman on Sept. 6. in what is known as a 2+2 dialogue. `Definitely we are not going to zero` (purchases). said the official. who has direct knowledge of India`s oil purchase policy and did not wish to be identified.
When asked if more clarity on India`s Iranian oil purchases would emerge after the dialogue. the official said `yes. that is the highest level of meeting we will have with the US.` The United States is pushing all countries to halt oil imports from Iran after President Donald Trump withdrew from a 2015 deal between Iran and six world powers and ordered a re-imposition of sanctions on Tehran.
India. Iran`s top oil buyer after China. has so far not decided on the size of any cut to Iranian imports and continues to seek a waiver from the United States.
Trump has threatened that anyone trading with Iran will not do business with America. US sanctions on Iran`s energy sector are set to be re-imposed after a 180-day `wind-down period` ending on Nov. 4. Several countries that were involved in the 2015 nuclear deal had attempted to lessen the blow of fresh sanctions on Iran. and urged their firms not to pull out.
