Clinton presses India on cutting Iran oil

KOLKATA, India (AP) -- U.S. Secretary of State Hillary Rodham Clinton urged energy-starved India on Monday to reduce its Iranian oil imports to keep up pressure on the Islamic republic to come clean about its nuclear program....

Secretary of State Hillary Clinton said in India on Monday that New Delhi can reduce its oil imports from Iran further, pressuring that country to fall in line with unilateral US sanctions and Washington’s virtual blockade on the sale of Iranian petroleum. India, however, pushed back, saying it would maintain its trade ties with Iran.

The US' complete ineptitude on oil policy is in the spotlight just as predicted. A pair of articles will show what I mean. China Snubs Geithner on Iran Oil Bloomberg reports China Snubs Geithner on Iran Oil, Japan Plans Cut

Greek suppliers concerned about the potential default of Greece have shut off financing for oil. In turn this has caused Greece to turn to Iran. However, the EU is now threatening to impose more sanctions on Iran over nuclear issues. If the EU acts tat stupidly, the Greek economy will shut down.Please consider Greece turns to Iranian oil as default fears deter tradeNov 11, 2011