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India reviewing US waiver for Iran oil sanctions: Foreign Ministry

Devdiscourse News Desk Last Updated at 09-11-2018 15:45:57 IST India

India is examining the details of exemptions given to the country by the United States that will allow it to continue to buy Iranian crude oil, a foreign ministry spokesman said on Friday.

The United States on Monday re-imposed sanctions against Iran's oil exports to punish Tehran for its involvement in several Middle Eastern conflicts. India is one of its biggest customers.

"We appreciate the U.S. government has taken into account our need for energy security," said Raveesh Kumar. "India is a major importer of crude from Iran and it is very important for our energy security requirement."

(With inputs from agencies.)

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