Shashank Nayak
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There are 2 things that India is throwing away by stopping Iranian oil imports:Let's wait till June for the FATF decision.
Besides, Iran is hardly the only source for energy.
1. Iran offers oil at a very attractive price, and sometimes even takes care of shipping and insurance. This gives us a better hand while negotiating with other oil exporting nations.
2. There is the geopolitical angle as well.. We have stopped importing oil from Iran and Venezuela... So now we are importing all of our oil from US allies like Saudi, UAE, Iraq.. and also US. This would allow Uncle Sam to pressure us in the future, in case there is a crisis and we are on opposite sides of the fence. If there is regime change in venezuela and Iran in the future, and the regime happens to be an American pet, then, this would further bolster America's position viz-a-viz oil buyers like India or China. All significant oil producers except Russia would be in the American camp. Also Venezuela has the world's largest oil reserves.