See also Iran Analysis: Who Won Ahmadinejad's Non-Interrogation? The Supreme Leader. br>
Iran Feature: What a Joke(r) --- Replaying Ahmadinejad's Defiance in Parliament br>
The Latest from Iran (14 March): Questioning Ahmadinejad
The officials said a decision to levy penalties could come as early as 28 June.
In response to the pressure, Indian officials said Delhi has not significantly cut imports because refiners’ annual crude term deals with Iran typically run from April to March. The planned reductions will start when new annual contracts begin next month.
Curiously, Bloomberg reports that "the U.S. government may not be aware that India’s biggest buyer of Iranian oil, state-owned Mangalore Refinery & Petrochemicals Ltd. (MRPL), plans to import less from Iran starting next month, according to two officials with direct knowledge of the matter who spoke on condition of anonymity because they weren’t authorized to speak".
MRPL's plans are far from private --- EA reported on them earlier this month.
India bought an average of 328,000 barrels a day of Iranian crude in the first six months of last year, making it the third-largest customer, behind China and Japan.