Renewed US sanctions on Iran likely to impact India

An oil refinery pictured in Vadinar in the western state of Gujarat, India, on Oct 4, 2016.
An oil refinery pictured in Vadinar in the western state of Gujarat, India, on Oct 4, 2016.PHOTO: REUTERS

The US decision to reimpose sanctions on Iran could impact not only India's oil imports, but also its strategic interests as the move could potentially disrupt projects with Iran that will open up crucial transport routes to Central Asia and Europe.

Though the Indian government is still assessing the impact of the American decision, analysts said the country would feel the heat of the impending sanctions on Iran.

TO READ THE FULL ARTICLE

Thank you for reading The Straits Times

You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.

What is Premium?

A version of this article appeared in the print edition of The Sunday Times on May 13, 2018, with the headline 'Renewed US sanctions on Iran likely to impact India'. Print Edition | Subscribe