Iran Oil

Iran Oil News

Iran says US rejected offer for robust nuclear inspection in exchange for lifting sanctions, claims Washington 'not seeking talks'
World

Iran says US rejected offer for robust nuclear inspection in exchange for lifting sanctions, claims Washington 'not seeking talks'

Iran said on Monday the US had rejected an offer from Tehran for more robust nuclear inspections in exchange for lifting sanctions because Washington is "not seeking dialogue

India calls for de-escalation of Iran-US tensions, day after Trump imposed banking sanctions on Khamenei and other Tehran officials
World

India calls for de-escalation of Iran-US tensions, day after Trump imposed banking sanctions on Khamenei and other Tehran officials

India on Wednesday called on Iran and the United States to de-escalate their tensions, amid strained bilateral ties between them, diplomatic sources said on Tuesday

India's Iran policy needs an intricate balancing act; New Delhi has Chabahar port, US ties at stake and China waiting on sidelines
World

India's Iran policy needs an intricate balancing act; New Delhi has Chabahar port, US ties at stake and China waiting on sidelines

Considering the downside in not acting proactively, one can hope India's foreign policy establishment is entrenched in discussions about Iran around the world.

US has long itched for war with Iran; India should prevent confrontation between its two allies to stave off ultimate damage
World

US has long itched for war with Iran; India should prevent confrontation between its two allies to stave off ultimate damage

India should do what it can to ensure that our the US and Iran do not get into a confrontation that is meaningless and ultimately damaging to everyone, including the country.

Sushma Swaraj asks US for Iran oil import waiver, says vast amount of Iranian energy cannot be replaced overnight
Business

Sushma Swaraj asks US for Iran oil import waiver, says vast amount of Iranian energy cannot be replaced overnight

Swaraj spoke to Pompeo during the weekend over the phone and urged the US Secretary of State to consider India’s current situation

Will Iranian oil shutdown hurt India?
India

Will Iranian oil shutdown hurt India?

Iran is among its leading oil suppliers, but India seems unconcerned by American threats

Hassan Rouhani calls US sanctions 'economic terrorism', warns it will hurt Iran's efforts to fight drugs and terror
World

Hassan Rouhani calls US sanctions 'economic terrorism', warns it will hurt Iran's efforts to fight drugs and terror

"America's unjust and illegal sanctions against the honourable nation of Iran have targeted our nation in a clear instance of terrorism," Rouhani said in a televised speech.

'If Iran cannot export oil then no Gulf country will': Hassan Rouhani strikes defiant stance against US sanction
World

'If Iran cannot export oil then no Gulf country will': Hassan Rouhani strikes defiant stance against US sanction

Since the 1980s, Iran has said repeatedly it would blockade the Gulf in response to international pressure but has never carried out the threat.

National Security Advisor John Bolton says US going extra lengths to find substitute for Iranian oil for countries like India
World

National Security Advisor John Bolton says US going extra lengths to find substitute for Iranian oil for countries like India

According to John Bolton, as the second wave of sanctions come back onto Iran on 4 November, the objective of the Trump administration is to put maximum pressure on the government in Tehran.

India to continue buying Iran's oil, says Iranian foreign minister Javad Zarif ahead of US sanctions aimed at halting Tehran's oil exports
World

India to continue buying Iran's oil, says Iranian foreign minister Javad Zarif ahead of US sanctions aimed at halting Tehran's oil exports

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 US sanctions aimed at halting Tehran’s oil exports.

Exemption from Iran oil sanctions only for 6 months: US
World

Exemption from Iran oil sanctions only for 6 months: US

The clarification came days after US Secretary of State Hillary Clinton determined that seven countries including India would be exempted from the Iranian sanctions act, noting that these countries have "significantly" reduced their dependence on Iranian oil.

 Disruption in Iran oil supply will make crude costlier: IMF
World

Disruption in Iran oil supply will make crude costlier: IMF

India heavily depends on import for its crude oil requirement. The country imports 110-120 million tonnes of oil every year.