Decision on oil imports after Lok Sabha elections, India tells Iran

Saudi oil tankers ‘sabotaged’ as U.S.-Iran tensions increase

"EAM @SushmaSwaraj and Iranian Foreign Minister @JZarif held constructive discussions on all bilateral issues of mutual interest".

India, the world's third biggest oil consumer, meets more than 80 per cent of its oil needs through imports.

Decision on oil imports will be taken after general elections in India, External Affairs Minister Sushma Swaraj has conveyed this to Iran.

Zarif and Swaraj are also likely to discuss the future of the Chabahar port project because the Trump administration has assured that exemption on Chabahar will continue. New Delhi has been anxious over the impact that American policy against Iran will have on the Indo-Iranian strategic partnership for the development of Chabahar port in Iran that gives New Delhi crucial sea-land connectivity to Afghanistan and Central Asia, bypassing Pakistan.

The two foreign ministers met 12 days after the United States ended a six-month-long exemption from sanctions for India and seven other countries to buy oil from Iran. The US had then set that deadline for countries across the globe to either fall in line or face US sanctions. However, Washington had granted a six-month waiver from sanctions to eight countries, including India.

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In May previous year, the USA had brought back sanctions on Iran after withdrawing from the Iran nuclear deal which was struck in 2015.

Indo-Iran ties have been on a upswing in the last few years.

Indian foreign minister and other parties involved in Iran's nuclear deal placed their special emphasis on backing Joint Comprehensive Plan of Action (JCPOA) wholeheartedly, he said, adding, "we have reiterated that Islamic Republic of Iran has lived up to all its commitments within the framework of JCPOA".

In her meeting with visiting Iranian Foreign Minister Mohammad Javad Zarif, Swaraj said the decision on the oil imports will be taken after the elections.

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