WORLD
India does not figure in a list of 11 countries, mostly Europeans, identified by the US that would not be subject to American sanctions because of significant reduction in purchase of crude oil from Iran.
India does not figure in a list of 11 countries, mostly Europeans, identified by the US that would not be subject to American sanctions because of significant reduction in purchase of crude oil from Iran.
"I am pleased to announce that an initial group of eleven countries has significantly reduced their volume of crude oil purchases from Iran -- Belgium, the Czech Republic, France, Germany, Greece, Italy, Japan, the Netherlands, Poland, Spain, and the United Kingdom," Secretary of State Hillary Clinton said on Wednesday.
As a result, Clinton said, she will report to the Congress that sanctions under the National Defence Authorisation Act for 2012 will not apply to the financial institutions based in these countries, for a renewable period of 180 days.
Observing that the actions taken by these countries were not easy, Clinton said they had to rethink their energy needs at a critical time for the world economy and quickly begin to find alternatives to Iranian oil, which many had been reliant on for their energy needs.
Besides India, China and South Korea are other major countries which do not figure in this list.
Later, a senior State Department official said the US is in conversation with these three countries in this regard.
"We look very much forward to hearing what kinds of messages those countries are able and willing to bring to us and to continue to pursue them in a serious and professional conversation," the official told reporters.
Clinton said the ban on all new purchases of Iranian oil by the European Union countries as of January 23, and phase out of existing contracts by July 1, demonstrates their solidarity and their commitment to holding Iran accountable for its failure to comply with its international obligations.
Clinton said Japan's significant reductions in crude oil purchases is also especially noteworthy considering the extraordinary energy and other challenges it has faced over the past year.
"We commend these countries for their actions and urge other nations that import oil from Iran to follow their example," she said.
Only two months after the passage of the National Defence Authorisation Act for 2012, the US has made progress in shrinking Iran’s oil export markets, and isolating its Central Bank from the world financial system, she said.
"The United States is leading an unprecedented international coalition of partners that has brought to bear significant pressure on the Iranian regime to change its course. Diplomacy coupled with strong pressure can achieve the long-term solutions we seek and we will continue to work with our international partners to increase the pressure on Iran to meet its international obligations," Clinton said.
'This is pathetic, disgusting': Nia Sharma faces backlash for promoting 'vagina tightening' tablets
Big move by Gautam Adani: Ambuja Cements to acquire this cement brand for Rs 8100 crore
Why US Presidential Election is always held on first Tuesday in November?
'Perfect for him': Aamir Khan in talks to play Kishore Kumar in Anurag Basu's film; fans react
After calling Prabhas a 'joker', Arshad Warsi says 'everyone is allowed to...'
BRICS Summit Prelude: India and China move to defuse border tensions
Sakshi Malik’s BIG claim, says BJP's Babita Phogat wanted to be WFI chief, encouraged wrestlers to…
India launches its 4th nuclear-powered submarine, set to play major role in…
Uttar Pradesh: 6 killed in oxygen cylinder blast in Bulandshahr house
Why Kriti Sanon used to be called 'Tiger didi'? Actress reveals reason
'Zyada Hero Ban Raha Hai': Rohit Sharma's chat with teammate caught on stump mic, video goes viral
Prince Narula, Yuvika Chaudhary share FIRST photo of their daughter
Delhi AQI October 22: Air quality in ‘very poor’ category, Centre imposes GRAP Stage II from today
Man who threatened Salman Khan, demanded Rs 5 crore, issues apology: 'It was...'
Karni Sena announces Rs 1,11,11,111 for any police officer who kills Lawrence Bishnoi
US Presidential Elections 2024: Republican Donald Trump sued for defamation by Central Park Five
‘Will be able to…’: EAM S Jaishankar explains India, China patrolling deal along LAC
'Even double standards are...': Jaishankar's big attack on Canada amid diplomatic row
Hyundai Motor India IPO listing today: All you need to know about largest-ever IPO in India
Diwali Gift: THIS company gave Tata, Maruti cars to its employees ahead of festival, they cost Rs…
IMD issues alerts as Cyclone Dana approaches, heavy rainfall predicted for these states
RSMSSB Rajasthan CET 12th-level exam starts today, check guidelines here
DNA TV Show: Terror threat in Delhi after Rohini blast? Police tighten security ahead of Diwali
Taylor Swift suffers wardrobe malfunction on stage during her Miami concert, video goes viral
Ruturaj Gaikwad to lead India A squad for Australia tour; Ishan Kishan in, Shreyas Iyer misses out
THIS was going to be Aishwarya Rai's first film in Hindi but it didn't release because...
Meet woman, born in Pakistan, attempted suicide at 22, now leads Rs 1 lakh crore company, she is...
IPL 2025: This star overseas player likely to be KKR's top retention over captain Shreyas Iyer
Deepinder Goyal's Zomato clarifies on 'Continue', says 'Not venturing into...'
This company paid Rs 1328 crore tax to move its headquarters to India from US, it works in...
Meet man who works in Rs 1617003 crore company, now set to lead Walt Disney as...
Tata Group set to construct landmark building to honour Ratan Tata in...
Kagiso Rabada achieves massive feat, becomes first cricketer in the world to...
Elon Musk is offering over Rs 5000 per hour for THIS job, it requires you to be...
Steps To Select The Best Term Insurance With a Term Plan Calculator
IRIS Home Fragrances Introduces a Fresh New Range of Four Exquisite Diwali Gift Sets
Mukesh Ambani's next BIG step, set to challenge Elon Musk in…
Vasan Bala breaks his silence on Jigra's box office failure: 'Alia Bhatt could have...'
Meet man who began his career with Tata Motors, now runs Rs 2690 crore company, married to...
'Ye ek PR activity...': Flying Beast breaks silence on divorce rumours with wife Ritu Rathee
Mohammed Shami gives massive injury update ahead of Border-Gavaskar Trophy, says, ‘my fitness is…’
'Quit if you don't want to return...': Amazon AWS CEO Matt Garman warns staff
Indian Railways announces rescheduling, regulation, and restoration of trains due to...
How can Rohit Sharma-led India qualify for WTC final after losing against New Zealand in 1st Test?
Beyond Rumors: Adichunchanagiri Mutt's enduring contributions to Karnataka and beyond
Setback for Anil Ambani's company, NCLT dismisses plea to block use of...
India, China reach agreement on patrolling arrangements along LAC ahead of BRICS Summit
Will MS Dhoni play in IPL 2025? CSK CEO gives major update, says...
Zomato CEO Deepinder Goyal sets up new company with an eye to expand in...
'Want to put culprits on no-fly list': Aviation Minister on amending safety rules amid hoax calls
When is Ahoi Ashtami in 2024? Check date, subh muhurat, significance of this sacred fast
Bullet train update: India's fastest train to launch soon, top speed to be...