RoYaL~GuJJaR
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US allow its allies to bypass its sanctions.
It actually helps them to import oil at favorable terms.
It's not only the export and oil... Iran never faced trouble in imports as well.
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(Reuters) - India is not seeking a waiver from the United States that would protect buyers of Iranian oil from a fresh round of sanctions, and New Delhi continues to import from Tehran, Indian Foreign Secretary Ranjan Mathai said on Tuesday.
New U.S. sanctions, authorised on December 31, penalise any financial institution dealing with Iran's central bank and could make it more difficult for India to pay Iran for oil imports. An Indian delegation is currently in Tehran for talks.
The U.S. still allows waivers for firms in countries that significantly reduce dealings with Iran or when it is either in the U.S. national interest or necessary for energy market stability.
Japan, South Korea and Turkey have all said they could seek waivers.
But Mathai said New Delhi was not seeking an exemption and implied it did not see the new sanctions as binding.
"We have accepted sanctions which are made by the United Nations. Other sanctions do not apply to individual countries," Ranjan Mathai told reporters.
"We continue to buy oil from Iran."
Reuters