India Urges US to Allow Iran Oil Imports to Reduce Dependence on Russian Crude – Here’s Why

Indian officials have reiterated their demand that the US ease sanctions on Iranian and Venezuelan crude if it expects New Delhi to cut back Russian oil imports. The request was made during meetings with American counterparts by an Indian delegation. India’s plea comes as global oil prices continue to rise due to geopolitical tensions and supply chain disruptions. By allowing oil imports from sanctioned suppliers like Iran and Venezuela, India aims to mitigate the impact of reducing Russian crude purchases. This move could help stabilize global oil prices and prevent a potential surge triggered by cutting off supplies from these key nations.