India may face Economic Sanctions from United States if it continues to import oil from Iran. The Final decision in this regard will be taken by US Secretary of State Hillary Clinton towards the End of June, State Department spokesperson, Victoria Nuland said
Previously  United States had  imposed economic sanctions on India for its series of underground nuclear tests in1998.
The United States is in conversation with  12 countries on ways and means to avoid the American sanctions against them, she said. “We are still working with all of these countries and trying to do what we can to help them to reduce their dependence on Iranian oil.
As you know, we have 180 days under this legislation, which takes us into the end of June,” Nuland told reporters.
“We have 180 days in the legislation to make a determination one way or the other. So we’re continuing to work with them in the intervening period,” Nuland said responding to questions on the time line of the determinations against these 12 countries.
In all 23 countries import oil from Iran, last week, the Secretary of State, Hillary Clinton, had announced that 11 of these nations – mostly those from Europe and Japan – have been exempted from the Iranian sanctions act because of the significant reduction in oil import from Iran.
The US says it is in talks with the rest of the 12 countries including India, China, Turkey and South Korea in this regard.