Iran will likely incur extra costs due to the disruption to output & the oil it can eventually recover from its reservoirs may be lower than otherwise— but that’s a problem for later.
India faces acute pressure with LPG shortages and dwindling Russian cargoes, while China taps reserves as Hormuz disruptions cut global supply by about 10%.
The Jaya, a very large crude carrier fully laden with Iranian crude, is discharging its cargo at Paradip on India’s east coast this week. Felicity is doing the same at Sikka, on the West Coast.
PM Narendra Modi and President Ebrahim Raisi took stock of the Iran nuclear deal. New Delhi hints that the purchase of crude from Tehran, which stopped in 2019, depends on it.
Ambassador Ali Chegeni says Iran & India will open ‘new chapter’ in bilateral ties under new President Raisi. Foreign Minister Amirabdollahian set to visit India later this month.
US Secretary of State Mike Pompeo met External Affairs Minister S. Jaishankar Wednesday, and the two showcased an easy camaraderie at the press briefing.
Rather than functioning as conventional propaganda, the video operates as a device for interpretation, subtly shaping expectations about future developments in China’s naval trajectory.
By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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