India

US not bullying India to cut oil imports from Iran: Nancy Powell

Suhasini Haidar, CNN-IBN | Updated May 16, 2012 at 09:51am IST

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New Delhi: The US has denied allegations of bullying India to cut oil imports from Iran.

Speaking exclusively to CNN-IBN's Suhasini Haider, US Ambassador Nancy Powell said one of their diplomats had been misquoted on the issue.

Following is an excerpt of the interview:

Suhasini Haider: India still faces financial sanctions from the US on the subject of Iran. India has month cut its oil imports by 34 per cent. A year on year assessment is about 40 per cent. Many asking the question what will it take. How much more before the US is satisfied?

Nancy Powell: What the legislation calls for is a significant cut. We've seen other countries in Europe, Japan that are making cuts that are significant.

Suhasini Haider: Many now accusing US of bullying India to cut its relation with Iran.

Nancy Powell: I do not see this as bullying.

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