© 2024 91.9 KVCR

KVCR is a service of the San Bernardino Community College District.

San Bernardino Community College District does not discriminate on the basis of age, color, creed, religion, disability, marital status, veteran status, national origin, race, sex, sexual orientation, gender identity or gender expression.

701 S Mt Vernon Avenue, San Bernardino CA 92410
909-384-4444
Where you learn something new every day.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

U.S. Threatens India With Sanctions Over Iranian Oil

STEVE INSKEEP, HOST:

Possible sanctions for India are at the top of NPR's business news.

(SOUNDBITE OF MUSIC)

INSKEEP: OK, India must cut back its imports of Iranian oil by June 28th or face U.S. sanctions. A new law penalizes foreign countries that ignore those sanctions.

Europeans have been working on their own embargo of Iranian oil, but Indians are reluctant. They depend on it more.

The law does not state exactly how much a country must reduce its oil imports in order to avoid sanctions, and it's not clear how far India is willing to go.

A government spokesperson says India has no legal obligation to abide by these sanctions although privately, Indian officials tell Bloomberg they're working on it. Transcript provided by NPR, Copyright NPR.