Business »  Topic »  Iran expects India to source its oil, devise new barter trade: Iranian minister

Iran expects India to source its oil, devise new barter trade: Iranian minister


  • India had stopped importing oil from Iran after the US refused to extend exemption from sanctions since last year
  • Losing Iran as a reliable source of energy will not make Indian economy more reliable

He said losing Iran as a reliable source of energy will not make Indian economy more reliable.

"For India's economic growth you need more and more energy and energy security, which has been an area of concern. I can assure you that you can't find an energy partner which is more stable more reliable than Iran.

"We never involved politics in our energy relations ...


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