DELHI: India is facing a dilemma over how to respond to the US threat of punitive measures against countries that do not comply with sanctions on Iran, experts say.
On Thursday, the US assistant secretary of state for economic and business affairs, Manisha Singh, warned of the āstrongest actions possible on people who will not assist us in complying with this new range of sanctions that we are putting back into place.ā
She was asked in Congress: āIf any of the major buyers of Iranian crude, which is China, India⦠refuse to sharply cut their purchases, are we really prepared to cut their banks off from the global banking system?ā Singh replied: āWe are prepared to take the most serious actions possible on Iran.ā
A spokesman for Indiaās ruling Bharatiya Janata Party (BJP), Sudesh Verma, told Arab News: āThe party still has to make up its mind on the issue.ā
Harsh V. Pant, head of the Strategic Affairs Programme at the Observer Research Foundation, a New Delhi-based think tank, told Arab News: āIndiaās official position remains that it doesnāt honor unilateral sanctions, but the reality on the ground is different.ā
He said: āIndia and Iran are trying to see how to bypass the sanctions, but India will find it tough to salvage the relationship with Iran considering the fact that the Trump administration is acting tough. Thereās great pressure on India to fall in line.ā
He added: āIndia has already reduced its oil imports from Iran. New Delhi is cognizant of the fact that the US financial system is important for India.ā
Ashok Sajjanhar, a former diplomat who served in the Indian Embassy in Iran, told Arab News: āWeāre dealing with Washington in a very nimble-footed manner.ā
He said: āNew Delhi will have to play a very deft balancing act. It might have to taper down its imports, but it wonāt go to zero.ā
Iran is Indiaās third-largest oil supplier after ŗ£½ĒÖ±²„ and Iraq.
US threats over buying Iranian oil puts India in dilemma
Updated 15 September 2018
US threats over buying Iranian oil puts India in dilemma
