India To Remain Iran's Main Oil Purchaser
From Money Control
Not withstanding US pressure to reduce its oil dependence on Iran, India on Tuesday said it will continue to remain the biggest buyer of crude oil from the sanction-hit country and its companies will find ways to work around the financial restrictions imposed on oil purchases.
“We are still the biggest buyers of oil. We will continue doing so. Companies pick and chose,” government sources said while noting that the companies had trouble with insurance which was being resolved.
