Iran Is Likely To Ensure Steady Oil Supplies To India. Will This Move Have A Significant Effect In The Global Politics For Oil?

    • Team NIE
    • Publish Date: Jul 31 2018 1:24PM
    • |
    • Updated Date: Jul 31 2018 1:37PM
Iran Is Likely To Ensure Steady Oil Supplies To India. Will This Move Have A Significant Effect In The Global Politics For Oil?

This will have an effect in the global politics for oil as the US has been urging nations not to import oil from Iran due to its own feuds with it. However, it is India’s choice as a nation to decide whom to trade with and more than that, it will send across a strong political message to US and others for free trade.

Jatin Yashroy, class IX, Singapore International School, Mumbai



As Iran is the second largest oil supplier to India, stopping imports will lead to price hike and inflation. America will try to stop India from importing oil in a bid to protect its nuclear and anti-terrorist policies. India should guard its own turf.

Sanghamithra, XI, Toc H Public School, Vyttila, Ernakulam



With declarations from the US that aim at bringing Iran's oil exports to zero... and India being the second largest procurer of oil from Iran, any move on this will impact global politics. As China and Turkey continue to rebuff US demand, the Indian government will have to take a wise stand, as the consequences could be quite unanticipated.  

Akshay Menon, ex-student GGIS, Pune 


Share your views in the comments section below.


Comments

Adithya Venkat Podar International School CBSE , Nerul

Iran will do its best to ensure security of oil supply to India by offering "flexible measures" to boost bilateral trade, a statement from Tehran''s embassy in New Delhi said. Iran is the third-biggest oil supplier to India and has offered refiners incentives including almost-free shipping and an enhanced credit period on oil sales. Imports from Iran could take a hit as the United States reintroduces sanctions on Tehran after withdrawing from a nuclear deal with world powers.

Rishik bhardwaj MAYOOR SCHOOL(NOIDA)

Yes Virat kolhi can inspire his team to win in England Because as we have seen in the practice match India being drownad at the score of 31/4. Kolhi successfully repulses England''s bowling by playing 68 not out!!!

Mehak Verma BHARTI PUBLIC SCHOOL (SWASTHYA VHR)

Iran has always been a reliable energy partner for India, but the Trump’s administration is pushing its “maximum pressure” campaign against Iran to overdrive oil supply. Aiming Iran to cut off it’s oil supplying by November’18. But, Iran is likely to ensure steady oil supplies to India,this would effect the global politics for oil resulting in various arguments and will loose the ties among the other nations with Iran.

Chhaya. SAFFRON PUBLIC SCHOOL

Finally after various delays between US-IN meetings, recently negotiations took place between our honourable Sushma Swaraj and Nicki Haley which clearly shows us that how much Trump administration is trying their best to rupture the Iran issue after leaving the JCPOA which is surely troubling India''s regime in the Global politics for oil. However, India says that it follows only UN sanctions, not US sanctions on Iran which truly reveals a grey platform for India on this matter.

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