India\, other nations to benefit from U.S. waiver on Iran oil buys - minister

India, other nations to benefit from U.S. waiver on Iran oil buys - minister

Reuters  |  NEW DELHI 

(Reuters) - and other leading buyers will benefit from the waiver the has granted them from sanctions, the South Asian nation's minister said on Saturday.

India's said it won the waiver largely due to a forceful campaign by Indian had been vocal at international forums about rising and its impact on the economy.

"In the current geopolitically challenging scenario, has managed to convince international leaders," Pradhan told reporters in

Having abandoned the 2015 nuclear deal, U.S. is trying to cripple Iran's and force to quash not only its nuclear ambitions and its ballistic missile programme but its support for militant proxies in Syria, Yemen, and other parts of the

China, India, South Korea, Turkey, Italy, the and have been top importers of Iran's oil, while occasionally buys cargoes of Iranian crude but is not a major buyer.

Further details of the United States' decision on Iran sanctions will be released on Monday.

(Reporting by Nidhi Verma; Editing by Jacqueline Wong)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, November 03 2018. 15:02 IST