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Iran-Pakistan Tension: US Declines to Confirm Consultations with Pakistan Before Iran Strikes

Iran-Pakistan Tension: US Declines to Confirm Consultations with Pakistan Before Iran Strikes

Fri, Jan 19, 2024

In response to media queries, the US declined to confirm or deny whether Pakistan consulted them before carrying out air strikes on Iran. While expressing concern about regional tensions and urging restraint, State Department Spokesperson Matthew Miller avoided disclosing details of any private conversations. He acknowledged Pakistan's emphasis on maintaining positive relations with its neighbours.

Ex-Afghanistan VP Taunts Pakistan After Iran Strikes: "Banana Republic Kicked From All Sides"

Ex-Afghanistan VP Taunts Pakistan After Iran Strikes: "Banana Republic Kicked From All Sides"

Thu, Jan 18, 2024

Former Afghan Vice President Amrullah Saleh mocked Pakistan following Iranian airstrikes on its territory, calling it a "Banana Republic kicked from all sides." He praised Iran's action against the Jaish al-Adl terrorist group and compared it to India's Balakot strikes in 2019.

Israel Hamas War: Israel's President Accuses Iran of Targeting India-Middle East-Europe Economic Corridor

Israel Hamas War: Israel's President Accuses Iran of Targeting India-Middle East-Europe Economic Corridor

Fri, Nov 17, 2023

Israeli President Isaac Herzog accused Iran of plotting to sabotage the India-Middle East-Europe Economic Corridor, a major infrastructure project that aims to connect India with Europe via the Middle East. Herzog's comments come amid escalating tensions between Israel and Iran, and they raise concerns about the potential for further conflict in the region.

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Breakthrough in TIR Convention: First shipment from Afghanistan arrives in India from Iran's Chabahar Port

Breakthrough in TIR Convention: First shipment from Afghanistan arrives in India from Iran's Chabahar Port

Wed, Mar 13, 2019

Opening of Chabahar Port for TIR highlights how it has been chosen by these three countries as a key tool to help activate the Chabahar transport agreement.

India to import Iranian oil using rupee payment mechanism: source

India to import Iranian oil using rupee payment mechanism: source

Fri, Dec 07, 2018

India will import crude oil from Iran using a rupee-based payment mechanism, an industry source involved in discussions told Reuters.

On Iran ban, this is how India could assert its sovereignty without miffing US

On Iran ban, this is how India could assert its sovereignty without miffing US

Mon, Nov 12, 2018

Most experts say a law like the EU Blocking Statute, which protects individuals and companies of EU member states from the “extra-territorial” US sanctions, holds more merit than a waiver.

Factbox: The knowns and unknowns of U.S. Iran oil sanction waivers

Factbox: The knowns and unknowns of U.S. Iran oil sanction waivers

Fri, Nov 09, 2018

The United States on Monday re-imposed sanctions against Iran`s oil exports to punish Tehran for its involvement in several Middle Eastern conflicts.

US exempts India from certain sanctions for development of strategic Chabahar Port in Iran

US exempts India from certain sanctions for development of strategic Chabahar Port in Iran

Wed, Nov 07, 2018

The United States has exempted India from imposition of certain sanctions for the development of the strategically-located Chabahar Port in Iran, along with the construction of the railway line connecting it with Afghanistan, a State Department spokesperson said.

Oil prices drop over two percent on Iran sanctions waivers

Oil prices drop over two percent on Iran sanctions waivers

Wed, Nov 07, 2018

prices fell on Tuesday, with U.S. crude futures sliding to an eight-month low, a day after Washington granted sanction waivers to top buyers of Iranian oil and as Iran said it had so far been able to sell as much oil as it needs to sell.

Saudi, Russian oil output unable to compensate for Iranian crude: Iran Oil Minister Zanganeh

Saudi, Russian oil output unable to compensate for Iranian crude: Iran Oil Minister Zanganeh

Mon, Oct 22, 2018

Washington is pushing allies to cut imports of Iranian oil to zero and will impose a new round of sanctions on Iranian oil sales in November.

Rules tweaked even as India set to get strategic Chabahar port in Iran

Rules tweaked even as India set to get strategic Chabahar port in Iran

Mon, Oct 15, 2018

The looming US sanctions on Iran have put the deal for Chabahar port between India and Iran on the fast track. The two countries are working on amending the clause that mandates activation of the deal after receiving funding from India.

Traders bet on oil at $100 as Iran sanctions loom

Traders bet on oil at $100 as Iran sanctions loom

Thu, Oct 04, 2018

Oil traders have piled into wagers that U.S. crude oil could surge to $100 a barrel by next year, a milestone that until recently many considered unthinkable due to record U.S. production growth and relatively flat global demand.

India will continue to buy Iran's oil: Iranian foreign minister

India will continue to buy Iran's oil: Iranian foreign minister

Fri, Sep 28, 2018

India is committed to buying Iranian oil and continuing the two nations` economic cooperation, the Iranian foreign minister said after a meeting with his Indian counterpart and ahead of U.S. sanctions aimed at halting Tehran`s oil exports.

India's Iran oil purchases to fade ahead of US sanctions

India's Iran oil purchases to fade ahead of US sanctions

Sat, Sep 15, 2018

India's loadings from Iran for this month and next will drop to less than 12 million barrels each, after purchases over April-August had been boosted in anticipation of the reductions.

Oil steady as U.S.-Iran row balances trade worries

Oil steady as U.S.-Iran row balances trade worries

Tue, Jul 24, 2018

Oil prices steadied on Tuesday as tension between the United States and Iran highlighted risks to supply and trade disputes raised prospects for slower economic growth and weaker energy demand. Brent crude oil was unchanged at $73.06 a barrel by 1145 GMT. U.S. light crude was 35 cents higher at $68.24.

Iran becomes India's No. 2 oil supplier, ahead of Saudi Arabia

Iran becomes India's No. 2 oil supplier, ahead of Saudi Arabia

Tue, Jul 24, 2018

Dharmendra Pradhan told lawmakers that India, Iran’s top oil client after China, shipped in 5.67 million tonnes or about 457,000 barrels per day ( bpd ) of oil from the country in the first three months of this fiscal year.

Brent crude prices trade below $73 as tensions escalate between US and Iran

Brent crude prices trade below $73 as tensions escalate between US and Iran

Tue, Jul 24, 2018

Brent crude oil was down 10 cents, or 0.14 percent, at $72.96 a barrel by 0037 GMT, after settling down 1 cent on Monday. U.S. crude was down 9 cents, or 0.13 percent, at $67.80 a barrel. The contract fell 37 cents the previous day.

OPEC deal does not give the right to pump oil above target: Iran tells Saudi Arabia

OPEC deal does not give the right to pump oil above target: Iran tells Saudi Arabia

Mon, Jul 16, 2018

Iranian OPEC Governor Hossein Kazempour Ardebili is due to attend a meeting for a joint OPEC, non-OPEC monitoring committee in Vienna on Wednesday, two OPEC sources said. The committee, known as the JTC and chaired by Saudi Arabia, looks at the compliance level to the production pact.

US order fallout: India's Oil imports from Iran plunge 16% in June

US order fallout: India's Oil imports from Iran plunge 16% in June

Thu, Jul 12, 2018

In June, India imported 592,800 barrels per day (bpd) of oil from Iran compared to 705,200 bpd in May, the data showed. The sources declined to be identified.

US prepared to work with nations reducing oil imports from Iran

US prepared to work with nations reducing oil imports from Iran

Tue, Jul 03, 2018

Last month President Donald Trump withdrew the United States from the landmark Iran nuclear deal, re-imposing US sanctions that had been suspended in return for curbs on Tehran's nuclear programme.

India preparing for cut in oil imports from Iran

India preparing for cut in oil imports from Iran

Thu, Jun 28, 2018

India has said it does not recognize unilateral restrictions imposed by the U.S., and instead follows U.N. sanctions. But the industry sources said India, the biggest buyer of Iranian oil after China, will be forced to take action to protect its exposure to the U.S. financial system.

Nitin Gadkari says India trying to make Chabahar Port operational by 2019

Nitin Gadkari says India trying to make Chabahar Port operational by 2019

Fri, Jun 22, 2018

Speaking about the efforts and initiatives taken by the NDA government in the last four years to bring qualitative change in the lives of people, Gadkari talked about massive work being done in the infrastructure sector, with National Highways being built at an unprecedented pace of 28km/day.

Reliance Industries to halt oil imports from Iran; US sanctions forcing buyers to flee

Wed, May 30, 2018

Mukesh Ambani led Reliance Industries Ltd, owner of the world`s biggest refining complex, plans to halt oil imports from Iran, two sources familiar with the matter said, in a sign that new U.S. sanctions are forcing buyers to shun oil purchases from Tehran.

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