Monday, 22 April 2019

Iran and its oil


The US Government’s decision not to renew the waiver given to China, India, Turkey, Japan and two or three more countries regarding the purchase of Iranian oil is very extreme. This basically means that any country buying Iranian oil after May 1 might find itself sanctioned by the Americans. In the tradition of international relations, such decision is equivalent to an act of war against Iran and a hostile move against the countries that import petroleum from Iran. It is a matter of great concern. It must be seriously debated.


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