Iran Ready to Sell Oil to India Pending New Delhi's Decision, Says Foreign Minister

Iranian Foreign Minister Abbas Araghchi stated during a press conference in New Delhi that Iran is prepared to resume oil exports to India, provided the Indian government chooses to purchase them. Araghchi acknowledged that India previously halted imports due to unilateral sanctions imposed by the United States. While expressing Tehran's interest in continuing energy trade, he recognized India's cautious position regarding the potential consequences of violating US sanctions. The Foreign Minister emphasized that the decision ultimately rests with New Delhi. He expressed confidence that once sanctions are lifted, bilateral trade would immediately rebound to pre-sanction levels. Araghchi highlighted that historical trade volume between the two nations had exceeded $20 billion, noting that current figures are significantly lower. This statement underscores Iran's willingness to re-engage economically with key Asian partners despite ongoing geopolitical pressures and restrictions. The remarks were made in the context of broader diplomatic engagements, signaling Tehran's intent to normalize economic relations as soon as external political constraints allow.