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US exempted India and Eight Other Countries for Importing Oil from Iran

Jun 6, 2013 18:17 IST

The United States of America on 5 June 2013 exempted India and eight other countries from sanctions for importing oil from Iran.  India, China, Malaysia, South Korea, Singapore, South Africa, Sri Lanka, Turkey, and Taiwan have qualified for an exception to sanctions under America's Iran Sanctions Act.

These countries have significantly reduced their dependence on Iranian oil in the last six months. The US is putting pressure on the Iranian regime until it fully addresses concerns about its nuclear programme.

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Read more Current Affairs on: oil from Iran , India and eight other countries , USA

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