India Must Resume Oil Purchases from Iran

The Government of India would have been best advised to continue to purchase oil from Iran despite the sanctions imposed on that country after the Donald Trump administration tore up the Iran nuclear deal signed by the United States and other key power. By its decision to trot along behind Washington in this matter, India is on the way to losing the Chabahar port to China, which has continued to purchase Iranian crude oil together with Turkey, ignoring US threats of sanctions.Read More…