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Friday, August 1, 2025
TopicIran oil

Topic: Iran oil

Days after Jaishankar visit, US imposes first-ever sanction on Indian firm for oil trade with Iran

Mumbai-based Tibalaji Petrochem Pvt. Ltd. sanctioned for importing 'millions of dollars' worth' of petrochemical products from Iran and exporting them to China.

Iran starts ramping up oil production to pre-sanctions levels

Iran has been subject to US sanctions since 2018, when the Trump administration unilaterally withdrew from a deal that restricted the Middle Eastern country’s nuclear activities.

India has ‘no immediate plans’ to resume oil purchases from Iran after Trump’s White House exit

The incoming Joe Biden administration will take time to lift Trump’s sanctions and return to the Iran nuclear deal, so India is adopting a cautious approach.

India to seek Iran oil waiver when Pompeo visits, US is hoping to foil S-400 missile deal

Iran oil and India's S-400 deal with Russia are likely to dominate the discussions when US Secretary of State Mike Pompeo visits next week.

Top EU adviser blames US for escalating tensions between Iran and the West

Donald Trump officially launches 2020 re-election campaign and upcoming Xi-Trump G20 meet makes stock markets rally.

Iran has little to gain from Oman tanker attacks

Fingers will be pointed at Iran as the mastermind behind these events. But the potential benefits to the Gulf nation are outweighed by the risks.

Iran hopes new govt in India will resume oil purchases, says envoy Ali Chegeni

India, the second largest buyer of Iranian oil, halted imports from the country this month after a US deadline against continued crude trade kicked in.

The world can avoid stumbling into another war in the Middle East

The worry on which the world should focus is not a deliberate and overt Iranian attack, but a miscalculation that could spiral into war.

OPEC+ to grapple with Iran crisis as ministers meet in Jeddah

OPEC’s unity will be tested as Saudi Arabia moves to increase crude oil production, and, in the process, take away Iran’s customers.

US commerce secretary slams India for ‘restrictive’ market access, ‘unjustified’ tariffs

US Commerce Secretary Wilbur Ross, on a visit to New Delhi, said trade between the two countries is affected by a plethora of tariff and non-tariff barriers.

On Camera

Trump tariff forces India to shed illusion. Stop conflating status with power

India’s future lies in pragmatism. Protectionism must be phased out gradually, not in disruptive shocks.

Sudden hike in Haryana circle rates is 2nd since Dec; stamp duty as high as 145% in parts of Gurugram

Gurugram: In an action that will significantly impact the value of property transactions in Haryana, Chief Minister Nayab Singh Saini has approved revised collector rates,...

India to get last of Spain-built C-295 next month, focus now on 1st India-made aircraft

New Delhi: The last of the C-295 transport aircraft that is replacing the ageing Avro fleet of the Indian Air Force (IAF) will be...

Modi’s Bharat vs Indira’s India: 11-yr report card of politics, diplomacy, economy, nationalism

As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.