To offset their losses, the government has also agreed to cut the import duty on crude oil.

BBC: India forced to raise fuel prices

The Sudanese government uses money from crude oil to finance the mass murder of Christians, according to the United Nations.

CENTERFORSECURITYPOLICY: Center For Security Policy

According to Indian government data announced earlier this month, Iran slipped to the seventh-largest supplier of crude oil to India for the first nine months of this financial year from third position after U.S. and European sanctions against Tehran forced India's refiners to cut their imports from the country.

WSJ: India Mulls Reinsurance Fund to Aid Iranian Crude Imports