Sutanu Guru: India's Possible Folly in Iran:
Now, America and its allies are applying relentless pressure on India to toe the sanctions line against Iran. On the face of it, that might look innocuous. India imports PIL worth about $ 12 billion a year from Iran. Back channel diplomacy seems to be promising to make up that shortfall through the good offices of key American ally Saudi Arabia. Of course, with a total annual oil bill well in excess of $ 100 billion, that shortfall doesn't look menacing. And then again, many in Delhi are still so much in love with the delusion called an Indo-American alliance to check China, that they would urge India to do anything keep Uncle Sam happy.
posted by: http://sutanu-guru.blogspot.in/2012/01/indias-possible-folly-in-iran.html
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