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Saturday, April 11, 2026
TopicIran oil export

Topic: Iran oil export

Centre invokes Essential Commodities Act to regulate gas supply as Iran and US-Israel conflict rages on

Gazette notification prioritises household fuel, transport gas and fertiliser sector as West Asia tensions raise concerns over energy supplies

Trump considers ending post-World War II defence pact with Japan

US President Donald Trump, in a tweet, also asked why the US is protecting oil shipping lanes of other countries with ‘zero compensation’, and new US sanctions on Iran.

India won’t be resuming oil purchases from Iran ‘anytime soon’

India will be discussing oil import issue with the Trump administration during the June visit of US Secretary of State Mike Pompeo.

India gives in to US pressure, fully stops import of Iran oil

Indian decision comes amid pressure from the Trump administration, which had called on India and 7 other countries to stop the import of Iranian crude.

US move on Iran oil sanctions is a win-win situation for Saudi Arabia

Donald Trump’s decision not to issue waivers to the importers of Iranian oil gives Saudi Arabia the chance to absorb Iran’s market share without compromising the price.

US agrees to grant waiver to India from Iran oil sanction

US is said to have agreed to let 8 countries including India, Japan and South Korea to buy oil from Iran in exchange for...

India, Korea said to agree outline of Iran oil waiver with US

The waivers would ensure at least some Iranian oil continues to flow to the global market.

Iran’s oil buyers like India were hoping for Obama-era waivers but get Trump shock

Govt officials in India & South Korea say Washington isn’t willing to give waivers for mere import reductions. It wants a complete purchase halt.

On Camera

Congress was committed to alcohol ban law without being practical: MA Venkata Rao

Since the bulk of citizens did not regard drinking as a crime, they had no respect for the prohibition laws and did not cooperate with the police, wrote MV Venkata Rao in 1962.

India bond yields rise as RBI moves to drain liquidity, lift overnight rates

New Delhi: India’s sovereign bond yields rose after the central bank announced its first step this year to drain cash from the banking system,...

Army promotes Col Purohit, acquitted in 2008 Malegaon blast case, to Brigadier; to not retire yet

This means he will serve Indian Army for a minimum of another 2 years as Brigadier, unless he picks up the next rank of Major General.

The world’s in a flux. India must reform, consolidate & build a strong economy

We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.