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looking beyond borders

foreign policy and global economy

Iran-India Logistical Cooperation Set To Jump Amid Scaled-Back Energy Ties

If history is any indicator, India will not deprive itself of the benefits it stands to extract from the current situation. During the previous round of US sanctions on Iranian oil exports (2011-15), India maintained reduced oil imports from Iran. It greatly benefited from the situation largely due to an arrangement in which it withheld payments for a large portion of oil purchases for years.

Read Here – Al-Monitor

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