Tip of the Iceberg : Indo-Iran relations
After, the US broke off from the Joint Comprehensive Plan of Action (JCPOA) or commonly known as the Iran Nuclear Deal where they accused Iran of violating the deal by not disclosing a past covert nuclear weapons program although the International Atomic Energy Agency (IAEA) said otherwise. The repercussions came when they announced sanctions on all the business trades with Iran mainly in Oil, which gave a major blow to our Energy situation as India is one of the largest importers of crude oil from Iran. Although in recent updates the US gave a waiver to those sanctions for 8 countries which includes India and the official release is to be out on 5th November, the US has proposed that we ensure no further deals with Iran in the future and for the purpose to stabilize the economy due to rising oil prices they offered a waiver from the sanction but only once. Eventually, India has agreed to cut its imports on oil by 15% moreover the latest reports suggest that India is planning t