What next for Iran oil trade as US sanctions kick in?

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What next for Iran oil trade as US sanctions kick in?
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How will Iran's neighbours, major oil importers, deal with Trump's latest targeting of Tehran?

In the past 12 months, Washington has been pushing Ankara to rely less on imports of crude oil from Iran.

Turkey enjoys good relations with Iran but the US move to go ahead with sanctions poses a new challenge for the country.Iran vows to export oil despite US sanctions The Iranian president suggested a reduction in dependence on oil revenues and increase in non-oil national industry to cope with the economic sanctions.

The next government will have to face its impact, as soon it takes over in the last week of May. Iran is India’s third-largest supplier of oil after Iraq and Saudi Arabia. Indian officials, however, have indicated that they are gradually reducing their dependence on Iranian oil. Turkey, along with China, has, however, remained defiant.

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