April 24, 2019

WELL, GOOD: India to observe U.S. sanctions on Iranian oil.

India said Tuesday it will buy crude oil from other major oil producing countries in view of the United States’ decision this week to end waivers that allowed it to buy Iranian oil without facing U.S. sanctions.

External Affairs Ministry spokesman Raveesh Kumar said the Indian government would continue to work with partner nations, including the United States, to find ways to protect India’s energy and economic security interests.

Plus: “The sanctions would choke off more than $50 billion a year in Iranian income.”

I had been assured that Trump’s blundering around on the world stage and abandonment of the Iran Deal would cause other nations to rally around the Islamic Republic.

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