Sunday, 6 May 2012

Clinton hopes India will do "even more" to cut Iran oil imports


     
     Speaking in Kolkata on a visit to India, Clinton said there would be a decision in about two months as to whether India would be given a waiver from sanctions over Iran oil purchases.
U.S. Secretary of State Hillary Clinton watches a performance during an anti-human trafficking event in Kolkata May 6, 2012. REUTERS/Shannon Stapleton     She also said she was apprehensive about the possibility of a conflict between Iran and Israel.
     India has publicly rejected Western sanctions but has pushed refiners to cut imports of oil from Iran by 15-20 percent - enough, it hopes, to win a waiver from Washington.
     The United States in March granted exemptions to Japan and 10 European Union nations from its sanctions, which are aimed at pressuring Iran to end its nuclear programme. India and China, Iran's biggest buyers of crude, remain on a list at risk if they do not cut oil imports "substantially".   
                                                                                                                             Source: Reuters

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