India to Cut Oil Purchases From Iran 11% Following US Pressure
16th May 2012
Refiners expect to import 15.5 million metric tons of crude from Iran in the fiscal year that began April 1, the country’s junior oil minister told parliament in a written reply, down from 17.44 million tons last ear.
Boy, those U.N. sanctions are certainly effective. What would we do without such an excellent international body to show tyrannical regimes that they can’t get away with whatever it is they’re doing?