Iran threatens to stop oil supply to India

We seem to be acting like fools as a nation to have stopped earlier working payment route under US pressure without thinking of an alternate route. This promotes a doubt that traitors are sitting in the seat of power in India who are having the interest of US in their mind over our national interests.

Two points. 1. Iran's threat will not have any economic impact and won't affect India much economically. Nor would it lead to any spurt in international oil prices. Indian oil supplies are not threatened as Saudi Arabia has signed a deal with India to supply 7.5 lakh barrels of oil per day. 2. The only adverse impact would be political. India cannot afford to alienate Iran for politico-strategic reasons as Iran is the springboard for India to get into Afghanistan because Pakistan continues to and will continue to block transit rights for India to Afghanistan.

The threat is mainly on political grounds for Iran, a sanctions-hit country which desperately needs money. The billions of dollars that India owes to Iran is badly needed by Tehran. But there too is a catch as the UN has imposed severe sanctions on Iran and all payments to Iran, whether for current or past deals, are being closely monitored by the UN and the US. 

Well there are several world political reasons behind this and what i see in this is AMERICA is doing this intentionally, USA dont want India or its other friendly countries to deal with Iran, but as option they told KSA to start pumping more oil to fulfill the requirements. A clear political move not a financial matter!

In 1973 when the Oil producing Arab countries came together to restrict oil production to put pressure on the developed nations researchers invented more than 35 alternate fuels more efficient and less polluting than petroleum products. The Multinational Oil Companies  lobbied with their governments and prevented this development. If the major oil companies were held in check today this repetitive crisis would not have existed. The only way out is to develop alternate fuels by the third world countries to reduce oil consumption. Government should also impose sanctions to restrict production of automobiles using petrol/diesel engines and encourage production of hybrids using Hydrogen, electrically, solar powered or other alternate fuel driven vehicles.

That mater shows and proves that our administrative government is out of date.They are official thieves for public.We should not trust on taxes and oil price they are decided to extract our precious money for personnel use.Give me support to fight this bogus politicians and their spoons named party.We should support Iran to stop oil to India because it is used for killing and starving our public without any hazitation.

If Iran will not supply somebody else will. India has recently signed an agreement with KSA for regular supply of crude to India and it is India who will decide from where to buy.

US and its allies imposed economic sanctions on Iran and cut off their business transactions with Iran.  They are pressurizing us to not to continue any business dealing with Iran.  Yes, we as an independent nation has every right to have our own international policies. Then where comes this weakness to us.  We succumb to every pressure.  This defensive approach has to be stopped.  When US is not heeding to us till date in supporting Pakistan why should we yield to pressures from America or some other country.   

India should have a independent foreign policy which take care of its finacial and strategic needs. We need to learn from China who is not dictated by anybody in its national interest.USA is eying oil resources of Iran and don't want India to import oil from Iran. Today USA needs India more we need them so it is right time to take a step forward becoming global super power

India is really in back-foot! Iran's crisis could have been averted, but for US pressure!   

Its simmply the effect of International business environment  & international diplomacy.Petro & its byproducts rates are likely to go up further & will continue in the future as well as there is scarcity of natural resources i.e.Crude & petrol & that too lying with few sellers/owners.Time has come when countries like Amercia & Russia i.e.USSR should start using/exploring their reserves.Everyone must start exploring alernatives likes Solar/windpower/biofuels .

Reliance output on KG Field is also cautioned another increase of Diesel prices,has this given due dilegence to sugar based byproducts wxcepting focusing on Hydrocarbons only, we have never learnt lessons of gulf crises which happen time and again, ministers change but no clear direction.