Saturday, 21 May, 2022
TopicIran oil

Topic: Iran oil

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.

Inside India’s barrel of concerns: US sanctions, alternative to Iran oil and good old ties

There are a number of strategic reasons why India wants to continue buying Iranian oil in spite of other options available.

On Camera

YourTurn

Title scene of Taarak Mehta ka ooltah chashmah.

Dear Taarak Mehta, you were our peak comfort content for 14 years. Now it’s time to retire

Just like the Truman Show, all Taarak Mehta plots somehow feel the same for the past few years. It's fine to accept that ideas can go stale.
File photo of chief economic advisor V. Anantha Nageswaran | Photo: Twitter | @FinMinIndia

Stock market turmoil, crypto craze proof of human ‘fear, greed’ says chief economic advisor

Speaking at India Ideas Conclave, organised by think tank India Foundation in Bengaluru, V. Anantha Nageswaran, also said India was now in position to deliver domestically-driven growth'.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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