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India to continue oil imports from Iran
May 30, 2018
Source: World Oil

India to continue oil imports from Iran

Indian foreign ministry has made it clear that India will ignore US sanctions on Iran, citing that the nation complies only with UN-mandated sanctions and not the country-specific ones. India buys most of the oil from Iran and Venezuela, both of which are facing sanctions from the US. India has been a leader of the "non-aligned" movement whereby, the country maintains economic relationships that raise eyebrows in western capitals.

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