How US ending Iran waivers could affect India

The US is said to announce in Washington that it won’t renew exemptions from its sanctions to buyers of Iranian crude after they expire on May 2. It marks a change in direction from November last year, when the Donald Trump administration granted waivers to eight importers as it sought to temper fuel prices ahead of American mid-term elections.

from Times of India http://bit.ly/2IOcsAP