Showing posts with label Oil Imports. Show all posts
Showing posts with label Oil Imports. Show all posts

Sunday, February 12, 2012

India Defends Iranian Oil Purchases

Diplomats and analysts say India’s purchasing of Iranian oil is a matter of economic necessity, given its dependence on imported oil. Some say the purchases also represent diplomatic hedging in a region bracing for the withdrawal of American troops from Afghanistan by 2014, or possibly sooner.

“This can’t be a test of our friendship,” said Lalit Mansingh, a former Indian ambassador to the United States. “Washington must realize that we are in a neighborhood where Iran is a factor.”

Twitter Delicious Facebook Digg Stumbleupon Favorites More

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Web Hosting Bluehost