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Iran could be the key to cementing India and Japan ties

byCT Report
16/11/2018
in Latest News
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US President Donald Trump has elevated India and Japan to the top of his list of strategic partners in the Indo-Pacific region. At the same time, US efforts to isolate and redirect Iran away from its nuclear weapons programs resulted in another round of sanctions being implemented in early November.

Iranian sanctions complicate matters for New Delhi and Tokyo in their relationship with Washington, as neither shares the intense US dislike for Tehran.

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Iran will continue to ship oil in lesser amounts to eight nations including India, China, Japan and Turkey after 180-day waivers were approved by the US in early November. Both Japan and India want to ensure their access to Iranian oil and LNG supplies. Japan now obtains 5% of its imported oil from Iran, while India is second only to China as a purchaser of Iranian oil.

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