• Tag results for Iran Oil

India to import Iranian oil using rupee post oil sanctions relief

State-owned UCO Bank is expected to announce the payment mechanism in the next 10 days, says a source

published on : 6th December 2018

Iran to cap petrol sales to curb smuggling

The Islamic republic has some of the most heavily subsidised petrol in the world, with a pump price of around USD 0.08 per litre (less than two US cents per gallon).

published on : 20th November 2018

US experts hail move to exempt India from certain sanctions for Chabahar Port development in Iran

The exemption provided to India is a much welcome and necessary step in the right direction, noted Bharath Gopalaswamy, director of the South Asian centre in the think-tank, Atlantic Council.

published on : 8th November 2018

US to exempt China, India, Japan from Iran oil sanctions: Mike Pompeo

Hours after sanctions were reimposed following the US withdrawal from a denuclearization deal, Pompeo said eight countries would be at least temporarily exempt from the ban on buying Iranian oil. 

published on : 5th November 2018

'Toughest ever' US sanctions on defiant Iran comes into force

The US secretary of state Michael Pompeo insisted that the sanctions are imposed for denying the world's largest state sponsor of terror the capacity to carry out any further attempts to spread terror

published on : 5th November 2018

Oil market on alert as Iran sanctions hit

The US will from Monday target buyers of Iranian oil in order to deprive Tehran of its main source of income.

published on : 5th November 2018

India gets US waiver to buy Iranian oil

US wanted countries to reduce oil imports from Iran to zero eventually, but was open to waivers that would allow limited imports by the countries pledging ‘significant’ cut.

published on : 2nd November 2018

Top US envoy on Iran to hold talks with India, European nations regarding oil import 

In addition to India, Special Representative for Iran Brian Hook will be travelling to Europe to further discuss US foreign policy toward Iran.

published on : 13th October 2018

US reviewing India's decisions over import of Iranian oil, S-400 missile deal 

Responding to questions on reports that India will continue to purchase oil from Iran after November 4, State Department spokesperson Heather Nauert said this was "not helpful".

published on : 12th October 2018

Oil firm on Iran sanctions, but rising US supply and strong dollar weigh

Traders said global oil markets remained tense because of the looming U.S. sanctions against Iran's oil exports, which kick in from Nov. 4.

published on : 3rd October 2018

Iran's Foreign Minister says India to continue economic cooperation, oil imports

Javad Zarif made the comments after a meeting with his Indian counterpart Sushma Swaraj in New York on the sidelines of United Nation General Assembly.

published on : 27th September 2018

India should reduce or stop crude oil import from Iran: Moody's

India is the second largest buyer of Iranian crude after China, accounting for about 30 per cent of total crude exports from the Persian Gulf nation during April-August 2018.

published on : 27th September 2018

After North Korea, Donald Trump targets Iran with 'maximum pressure'

While Trump has not totally ruled out meeting with Rouhani on the sidelines of the General Assembly, the Iranian president appears in no mood to meet his US counterpart.

published on : 25th September 2018

European Union announces legal entity to maintain business with Iran

Iran and the European Union announced their defiance towards US President Donald Trump's administration after high-level talks at the United Nations.

published on : 25th September 2018

Iran oil minister says hopes OPEC will not follow U.S. orders

Zanganeh was referring to a tweet by Trump in which he linked U.S. support for Middle Eastern countries to oil prices on Thursday and again urged OPEC to lower prices.

published on : 23rd September 2018
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