Can India defy Trump? Govt looks to keep Iran oil tap open amid sanctions

India is exploring ways to get around US sanctions, due to kick in from November 4, to continue buying oil from its third-largest supplier

Prime Minister Narendra Modi's appeal to West Asian oil ministers in New Delhi on Monday to consider pricing their oil sales to India in rupee terms reflects a growing problem for the Government of India. 

India, which imports more than 80 per cent of its oil requirements, has been caught in the double whammy of rising crude oil prices and a depreciating rupee. But these are not the only factors impacting the country's rising oil bill. At stake are supplies from Iran, the country's largest supplier after Iraq and Saudi Arabia, that too, one that offers 30-day credit against the