Tehran has maintained that Lebanon is a part of the ceasefire mediated by Pakistan and announced last week by the US, Israel and Iran. However, Israel and the US had said otherwise.
India is the current chair of BRICS, the eleven-member organisation which includes Brazil, Russia, China, South Africa, Egypt, Ethiopia, Indonesia, the UAE, Iran and Saudi Arabia.
Latest salvo looks to further curtail Tehran’s ability to access international banks for routing oil payments. Iran faces multiple US sanctions under Trump’s ‘maximum pressure’ campaign.
China hopes 'ceasefire will be kept, disputes be resolved via political & diplomatic means rather than reigniting flames of war & conditions be created for early return of peace to Gulf'.
Amidst the war, Tehran last month introduced its largest ever denomination–a 10 million note—as prices continue to rise across country for basic needs.
US to block ships entering/exiting Iranian ports in Persian Gulf & Gulf of Oman, but vessels transiting Hormuz to & from non-Iranian ports won't be obstructed. IRGC warns of ‘harsh’ response.
India will need to recalibrate crude sourcing strategy as US ends waivers for Russian & Iranian oil, energy experts say. But Russian crude will likely remain central to energy basket.
This special edition of Cut The Clutter, straight from the Siliguri corridor, details the strategic importance of the narrow strip of land in West Bengal, and how it’s a vital link connecting the Northeast to the rest of India.
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.
COMMENTS