Is This The End For India-Iran Energy Relations?
After the Trump administration’s Monday announcement that the United States would not renew its six-month waivers to third party countries for their continued purchase of Iranian oil, India has been put in an extremely tough position, and it’s still not clear which way the nation will go. Will India defy U.S. sanctions and continue to import Iranian oil, or will the nation’s leaders be willing to lose their third biggest crude supplier in favor of maintaining a good relationship with the United States? India is the third-largest…