Caught between a rock and a hard place, India will give in to some of Washington's demands. To avoid open confrontation with the Trump administration, New Delhi will make a concerted effort to extend the waiver on Iranian oil by offering concessions in other areas.
India is facing some hard choices on its ties to Iran in 2019. Oil is crucial to their relationship, and the United States has been targeting Iran's exports of crude with sanctions. Though Washington has given eight countries, including India, a waiver from those penalties, that reprieve lasts until only...
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