Overview
- India’s foreign ministry said it remains in talks with Washington on the conditional sanctions waiver that currently permits operations at the Shahid Beheshti terminal.
- The government rejected claims of an exit after media reports suggested a pullback, stating no decision has been taken to leave the project.
- Officials are weighing workarounds, including transferring day‑to‑day management to a local entity with legal guarantees to preserve India’s rights once sanctions ease, according to reports.
- People familiar said India fulfilled a roughly $120 million equipment commitment under the 10‑year pact, and government directors on IPGL’s board have resigned to limit sanctions exposure.
- The discussions follow President Trump’s announcement of a 25% tariff on countries trading with Iran, as India also advises its nationals to avoid travel to Iran and for those there to depart.