USA BE ASKED TO TAKE JUMP OVER IRAN OIL
UNLESS IT ENSURES CHEAPER OIL TO INDIA
The US government first acting like an imperial power, decrees that China and India will not buy any oil from Iran. Next their Commerce Minister Ross has the gumption to say that it will not ensure sale of its oil to India at cheaper rates as the commodity is controlled by private companies.
Mr Ross is in India to participate in a trade forum and expects that India will just sign on the dotted line. Though they have chosen a perfect timing, knowing that the present Government will not make any statement on the subject. So in their lingo NO CONTRADICTION means acceptance.
The latest US sanctions against Iran has barred Asian buyers, including India, from importing oil from Tehran. Iran was shipping oil to India at discounted rates.
“Oil is owned by private people so the government cannot force people to make concessionary prices,” Mr Ross said, when asked if the United States is considering selling oil to India at a concessional rates to make for loss of Iranian barrels.
Well, then Mr Ross, please do not try and dictate your terns to India. You will get a befitting reply after 23 May. Just wait for it.