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US "will take care" of countries which will continue to import oil from Iran after Nov. 6, says Trump

President Donald Trump said on Wednesday that the US "will take care" of the countries which will continue to import oil from Iran after November 4 deadline when US sanctions on Iranian oil purchases take effect.


Devdiscourse News Desk washington India
Updated: 11-10-2018 04:28 IST
US "will take care" of countries which will continue to import oil from Iran after Nov. 6, says Trump

Oil Minister Dharmendra Pradhan on Monday said that two state refiners have placed orders for importing crude oil from Iran in November. (Image Credit: Twitter)

President Donald Trump said on Wednesday that the US "will take care" of the countries which will continue to import oil from Iran after the November 4 deadline when US sanctions on Iranian oil purchases take effect.

"We will take care of them," Trump told reporters when asked about the decision of some countries like India and China to continue to purchase oil from Iran.

Oil Minister Dharmendra Pradhan on Monday said that two state refiners have placed orders for importing crude oil from Iran in November.

He had said that India has its own energy requirements which it has to fulfil.

Indian Oil Corp (IOC) and Mangalore Refinery and Petrochemicals Ltd (MRPL) together have placed an order for 1.25 million tonnes (MT) of crude oil from Iran.

Trump in May withdrew from the 2015 nuclear accord with Iran, re-imposing economic sanctions against the Persian Gulf nation. Some sanctions took effect from August 6 while those affecting the oil and banking sectors will start from November 4.

Iran is India's third-largest oil supplier behind Iraq and Saudi Arabia.

(With inputs from agencies.)

COUNTRY : India United States

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