India defies sanctions, won’t cut Iran oil imports

posted by
January 30, 2012
Northwest Indiana Times    
Posted in News

"India has joined China in saying it will not cut back on oil imports from Iran, despite stiff new U.S. and European sanctions designed to pressure Tehran over its nuclear program. 'It is not possible for India to take any decision to reduce the import from Iran drastically because, after all, the countries which can provide the requirement of the emerging economy, Iran is an important country amongst them,' India's finance minister Pranab Mukherjee told reporters Sunday in Chicago." (01/30/12)  

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