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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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Iran capitalises on OPEC oil cut to sell millions of barrels: Sources

Iran capitalises on OPEC oil cut to sell millions of barrels: Sources

Fri, Jan 06, 2017

Iran has sold more than 13 million barrels of oil that it had long held on tankers at sea, capitalising on an OPEC output cut deal from which it is exempted to regain market share and court new buyers, according to industry sources and data.

OPEC oil output falls from record high ahead of planned cuts: Reuters survey

OPEC oil output falls from record high ahead of planned cuts: Reuters survey

Thu, Jan 05, 2017

OPEC`s oil output in December fell from a record high ahead of a deal to cut production, a Reuters survey found on Thursday, helped by attacks on Nigeria`s oil industry and top exporter Saudi Arabia trimming exports.

Saudis order oil cuts to US, Europe before non-OPEC talks

Saudis order oil cuts to US, Europe before non-OPEC talks

Sat, Dec 10, 2016

Saudi Arabia has told its US and European customers it will reduce oil deliveries from January, as Russia said it was confident non-OPEC producers would fully join OPEC`s output limits on Saturday in the first such move since 2001.

OPEC debates oil cuts amid deep disagreement

OPEC debates oil cuts amid deep disagreement

Wed, Nov 30, 2016

OPEC began on Wednesday debating a deal to curtail oil production in an effort to prop up the price of crude, with Iran and Iraq resisting pressure from Saudi Arabia to participate fully in any action.

India's crude oil imports from Iran rise 336% in October

India's crude oil imports from Iran rise 336% in October

Wed, Nov 30, 2016

India's imports of crude oil from Iran have risen 336% in October this year as the producer continued to recoup market share lost under sanctions, Reuters reported on Wednesday citing a data released by the International Energy Agency (IEA).

Oil markets jittery ahead of OPEC meeting later in day

Oil markets jittery ahead of OPEC meeting later in day

Wed, Nov 30, 2016

Oil markets were jittery on Wednesday ahead of an OPEC meeting later in the day, with members of the producer cartel trying to thrash out an output cut to curb oversupply that has seen prices more than halve since 2014.

Putin, Iran's Rouhani back OPEC bid to stabilise oil prices

Putin, Iran's Rouhani back OPEC bid to stabilise oil prices

Tue, Nov 29, 2016

Russian President Vladimir Putin and his Iranian counterpart Hassan Rouhani on Monday expressed support for OPEC`s plans to limit the cartel`s output ahead of a crucial meeting this week.

Oil prices fall further in Asia, yen gains hit Tokyo

Oil prices fall further in Asia, yen gains hit Tokyo

Mon, Nov 28, 2016

Oil prices sank further in Asian trade on Monday on fears a planned cut in output will not be agreed by top producers this week, while the dollar retreated against most of its peers after its recent surge.

Oil may rise to $55 if all producers cooperate - Iran

Oil may rise to $55 if all producers cooperate - Iran

Sat, Nov 19, 2016

"We are receiving positive signals that increase the likelihood of agreement at the meeting ... and I`m optimistic about the situation," Zanganeh told state television by telephone, after meeting OPEC Secretary-General Mohammed Barkindo in Tehran ahead of the Nov. 30 meeting.

Demonetisation decision will help fight economic terrorism:MEA

Demonetisation decision will help fight economic terrorism:MEA

Thu, Nov 10, 2016

Welcoming the decision to demonetise Rs 500 and Rs 1000, a top External Affairs Ministry official on Thursday said it will go a long way in fighting "economic terrorism" by checking use of black money for funding "subversive activities".

Asia stocks wallow at six-week lows, China PMIs in focus; oil down

Asia stocks wallow at six-week lows, China PMIs in focus; oil down

Tue, Nov 01, 2016

Asian stocks wallowed near six-week lows on Tuesday as investors braced for a looming raft of economic and central bank events, while oil prices fell as markets doubted OPEC's ability to implement planned production cuts.

India's Sept Iran oil imports fall 4.1% on Aug, says shipping data

India's Sept Iran oil imports fall 4.1% on Aug, says shipping data

Wed, Oct 12, 2016

India's purchases of Iranian oil fell 4.1% in September, slipping from August when imports from Tehran hit their highest in at least 15 years, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts.

Oil prices rise on report of US crude stock draw

Oil prices rise on report of US crude stock draw

Wed, Oct 05, 2016

Oil prices rose in early trading on Wednesday after a report that US fuel inventories may have fallen for a fifth straight week, but contracts remained near the $50 mark where many traders currently see fair value for crude.

Oil prices dip on surging Iran sales, but looming OPEC deal offers support

Oil prices dip on surging Iran sales, but looming OPEC deal offers support

Tue, Oct 04, 2016

Oil prices dipped early on Tuesday, weighed down by a rise in Iranian exports that adds to a global supply overhang, although a planned OPEC-led supply cut later this year has lent crude some support.

Goldman says OPEC deal to add as much as $10 to H1 2017 oil prices

Goldman says OPEC deal to add as much as $10 to H1 2017 oil prices

Thu, Sep 29, 2016

WTI was trading around $47 a barrel, after gaining more than 5 percent on Wednesday on OPEC`s planned output cut. [O/R]

Oil prices rise by 3% after surprise increase in US crude stocks draw

Oil prices rise by 3% after surprise increase in US crude stocks draw

Wed, Sep 28, 2016

Crude futures fell about 3% on Tuesday after Iran rejected an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply.

Indian Oil Corp raises oil import from Iran to 5 MT for FY17

Indian Oil Corp raises oil import from Iran to 5 MT for FY17

Tue, Aug 30, 2016

Indian Oil Corporation (IOC), the nation's biggest oil firm, has raised crude oil import from Iran to four-fold and has cleared most of the past payments as sanctions against the Persian Gulf nation were eased.

Oil prices fall on unexpected US crude stocks build; fears over China demand

Oil prices fall on unexpected US crude stocks build; fears over China demand

Wed, Aug 24, 2016

Oil prices fell early on Wednesday as an unexpected build in US crude stocks weighed on markets, along with concerns that Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry.

Oil prices fall over 1% as analysts say market still oversupplied

Oil prices fall over 1% as analysts say market still oversupplied

Tue, Aug 23, 2016

Oil prices fell over 1% on Tuesday, with Goldman Sachs warning that August's price rally had been overdone and that a proposed oil production freeze at current near-record levels would not help rein in an oversupplied market.

Oil prices fall on doubts producers can agree output restraint

Oil prices fall on doubts producers can agree output restraint

Wed, Aug 17, 2016

Oil prices fell away from five-week highs early on Wednesday, as analysts doubted possible producer talks to rein in ballooning oversupply would be successful.

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