In the contrary, India gained by not dealing with Iran. Iran has threatened India time and again with price rises, and the pipeline has to pass through Pakistan which is not exactly 'friendly' territory either. Indai has sufficient resrves in the Krishna-Cauvery basin to outlast Iranian supplies and the fields development is nearing completion. India needs to buy weaponry, but if the US offers attractive terms on the most modern equipment, is it against the nation's interest to deal with them?