FILE PHOTO: A general view of Iran's Lavan oil refinery quay in the Islamic republic's Lavan island. AFP / Behrouz MEHRI
NEW DELHI: India says it will buy crude oil from other major oil producing countries in view of the United States' decision this week to end waivers that allowed it to buy Iranian oil without facing U.S. sanctions.
External Affairs Ministry spokesman Raveesh Kumar says the Indian government will continue to work with partner nations, including the United States, to find ways to protect India's energy and economic security interests.
India bought 23.6 million tons of Iranian oil in the financial year ending in March 2019.
In November, the U.S. granted a six-month waiver to India and seven other countries to continue importing oil from Iran. Washington decided to eliminate all Iranian oil revenue that it says funds destabilizing activity throughout the Middle East and beyond.
