, Columnist
Why India Will Struggle to Join Iran’s Sanctions Busters
A big trade imbalance between the two means the EU-proposed workaround isn’t an option for New Delhi.
India could be cut from the source of about one-seventh of its oil imports.
Photographer: Ali Mohammadi/BloombergThis article is for subscribers only.
Haven’t India’s oil companies heard of Federica Mogherini?
The country’s biggest oil buyers haven’t booked any cargoes from Iran for November, potentially cutting imports to zero, officials at the companies told Debjit Chakraborty, Dhwani Pandya and Javier Blas of Bloomberg News on Wednesday.