India's trade with Tehran has cratered since 2018 after US sanctions were reimposed on the West Asian country, and China has stepped into the resulting vacuum.
Ukraine has reported a spate of Russian attacks with Iranian-made Shahed-136 drones in recent weeks. Iran denies supplying the drones to Russia, while the Kremlin has not commented.
Mumbai-based Tibalaji Petrochem Pvt. Ltd. sanctioned for importing 'millions of dollars' worth' of petrochemical products from Iran and exporting them to China.
China’s commitments seemingly have various ‘strategic exits’ to safeguard both its investments and geopolitical state of play regionally and internationally.
The move would leave Iran isolated from the global financial system. Earlier rounds of US sanctions have crushed its economy by curbing oil sales and most other trade.
Armenia has procured significant defence equipment from India, including artillery guns, multi-barrel rocket launchers, air defence system, sniper rifles, weapons locating radars, anti-drone weapons.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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