A report from Reuters suggests that India has plans to trim imports from Iran significantly in September and October, a move intended to satisfy the hawkish American government ahead of full implementation of sanctions on Iran’s oil sector in November. The Trump administration has called for countries to cut their imports from Iran to zero, but has indicated that it would be willing to offer some leniency to those who have difficulty going that far. “We have told the Indians consistently, as we have told every nation, that on November 4th the sanctions with respect to Iranian crude oil will be enforced, and that we will consider waivers where appropriate, but that it is our expectation that the purchases of Iranian crude oil will go to zero from every country, or sanctions will be imposed,” U.S. Secretary of State Mike Pompeo told reporters on September 6. “So we’ll work […]