Washington gave Iraq a 45-day waiver over imports of Iranian gas when it reimposed sanctions on Iran's oil sector on Nov. 5. Iraqi officials have said they need around two years to wean themselves off Iranian gas imports and find an alternative source.
The case against Meng Wanzhou stems from a 2013 Reuters report about the company's close ties to Hong Kong-based Skycom Tech Co Ltd, which attempted to sell US equipment to Iran despite US and European Union bans.
India, which is the second biggest purchaser of Iranian oil after China, is willing to restrict its monthly purchase to 1.25 million tonnes or 15 million tonnes in a year, down from 22.6 million tonnes bought in 2017-18 financial year, sources in New Delhi said.
Asked about reports that the US was going to grant India waiver from the Iran sanctions, Ministry of External Affairs’ official spokesperson Raveesh Kumar said the government has not heard anything from Washington.
Iran's Supreme Leader Ayatollah Ali Khamenei, the most senior authority in the Islamic Republic, said last month that he supports the idea that if Iran is not allowed to export oil then no country should export oil from the Gulf.