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
Nirmala Ganapathy India Bureau Chief In New Delhi
  • Published
    May 13, 2018, 5:00 am SGT
New: Gift this subscriber-only story to your friends and family

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.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*
Subscribe now

*Terms and conditions apply.

Join ST's Telegram channel here and get the latest breaking news delivered to you.

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'. Subscribe
Topics: