India repeats stance that it is ready to deal with impact of US sanctions on buying Iranian oil

India on Wednesday reiterated its stance that it is prepared to deal with the impact of the sanctions imposed by the United States on buying oil from Iran. Ministry of External Affairs spokesperson Raveesh Kumar said that New Delhi’s decision will be based on the country’s energy security, commercial consideration and economic interests.

“There will be additional supplies from other major oil producing countries based on our robust plan drawn up by the Ministry of Petroleum,” said Kumar.

The US had re-imposed sanctions on Iran last November, after Trump pulled out of the 2015 Iran nuclear deal. The deal had lifted decades-old sanctions on Tehran, imposed in the wake of its nuclear programme.