POLITICS Feed Atom

Negotiations with US underway for trade-deal framework: India

1 year ago

22 March 2025

2:09 PM

With just 11 days left for US President Donald Trump's tit-for-tat tariffs to kick in, India on Friday said its negotiations with Washington are underway to build a framework for a bilateral trade pact that would address issues relating to levies and market access.

US slaps Iran-related sanctions on oil tankers, China ‘teapot’ refinery

1 year ago

21 March 2025

7:36 AM

The U.S. on Thursday issued new Iran-related sanctions, targeting entities including for the first time a Chinese "teapot," or independent refinery, and vessels that supplied crude oil to such processing plants.

Leader calls 1404 the “Year of Investment for Production”

1 year ago

21 March 2025

7:29 AM

In the year 1404, designated as the "Year of Investment for Production," the Leader of the Islamic Revolution conveyed a message marking the beginning of the new year, expressing wishes for goodness, prosperity, and victory for the Islamic community.

US sanctions four Indian firms for aiding Iranian oil sales

1 year ago

20 March 2025

8:45 AM

As part of its “maximum pressure” campaign against Iran, the US has sanctioned four India-based companies, “for their role in brokering the sale and transportation of Iranian petroleum-related products”, a US government statement said.

Iraq says waiver on gas purchases from Iran still in place

1 year ago

17 March 2025

4:19 AM

United States has maintained its sanctions waiver allowing Iraq to continue purchasing natural gas from Iran, an advisor to the Iraqi prime minister said.

Energy Committee strongly supports oil minister after US sanctions

1 year ago

17 March 2025

4:08 AM

The head of the Energy Committee, along with its members, visited the Ministry of Oil to express the Iranian parliament’s strong support for the oil minister following the imposition of US sanctions.

Foreign Ministry Spox condemns sanctions on oil minister

1 year ago

15 March 2025

11:30 AM

The spokesperson for the Ministry of Foreign Affairs strongly condemned the US action to sanction several individuals, including the oil minister of the Islamic Republic of Iran, as well as multiple oil tankers and commercial companies.

China state firms curb Russian oil imports on sanctions risks

1 year ago

14 March 2025

7:27 AM

Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two others scaled back volumes as they assess compliance following recent U.S. sanctions on Moscow, multiple trade sources said.

US Treasury sanctions Iranian oil minister

1 year ago

14 March 2025

6:09 AM

The US Treasury Department has imposed sanctions on Iran’s oil minister as part of its ongoing maximum pressure campaign against the Islamic Republic.

Trump tariff threats are pushing Canada’s largest oil producer to break its dependence on the U.S.

1 year ago

13 March 2025

7:47 AM

The deeply integrated North American oil and gas market stands at crossroads, with Canada's largest oil producer warning that it will diversify its exports away from the United States if President Donald Trump's tariff threats do not end.

Canadian energy minister says Ottawa will respond to any US tariffs

1 year ago

12 March 2025

8:50 AM

Canadian Energy Minister Jonathan Wilkinson stated that Canada will respond to US tariffs and emphasized that it is not seeking to escalate trade tensions between the two nations.

Iran dismisses reports of halting Iranian oil vessels

1 year ago

11 March 2025

8:05 AM

The spokesperson for Iran's Foreign Ministry dismissed claims made by Reuters regarding the halting of Iranian oil tankers, labeling them as fabricated, false, or biased reporting.

India ‘has agreed to cut tariffs’

1 year ago

9 March 2025

5:58 AM

US President Donald Trump said that India has agreed to “cut their tariffs way down,” signalling a potential shift in trade relations between the two countries.

Iran slams US ‘maximum pressure’ policy as ‘crime against humanity’

1 year ago

8 March 2025

6:49 AM

Iran says Washington's continuation of its so-called "maximum pressure" policy against Tehran is tantamount to "crime against humanity," stressing that the failed policy will not yield new results for Washington.

US mulls plan to disrupt Iran’s oil by halting vessels at sea

1 year ago

7 March 2025

5:34 AM

The Trump administration is considering stopping and inspecting Iranian oil tankers at sea under an international agreement to prevent the spread of weapons of mass destruction.

Iran, Brazil agree to enhance financial and banking ties

1 year ago

1 March 2025

4:32 AM

Iran and Brazil have agreed to expand their financial and banking relations, with a focus on using national currencies in bilateral trade and leveraging banking infrastructure for economic cooperation.

Working under sanctions is challenging, but solutions exist: PGPIC

1 year ago

28 February 2025

5:38 AM

PGPIC CEO emphasizes new plans to maintain economic momentum, stating serious financing solutions are needed even amidst sanctions, acknowledging that no solutions are impossible.

US sanctions four India-based firms for involvement in Iranian oil trade

1 year ago

26 February 2025

4:09 AM

The US sanctioned over 30 individuals and vessels, including four Indian firms, for their role in the sale and shipping of Iranian oil. The sanctions come amid ongoing efforts to curb Iran's oil exports, which primarily go to China using a network of shadowy intermediaries and vessels.

US imposes new sanctions on Chinese and Indian firms for helping Iran oil sales

1 year ago

25 February 2025

10:41 AM

The United States imposed a fresh round of sanctions targeting Iran's oil industry on Monday, hitting more than 30 brokers, tanker operators, and shipping companies for their role in selling and transporting Iranian petroleum, the Treasury Department said.

India’s crude oil imports from US double in February

1 year ago

24 February 2025

4:08 AM

Sanctions have slashed Russian oil exports to India by about a quarter in February while the US oil exports have nearly doubled amid the country's plan to increase the purchase of American energy by two-thirds to $25 billion.

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POLITICS Feed Atom

Negotiations with US underway for trade-deal framework: India

US slaps Iran-related sanctions on oil tankers, China ‘teapot’ refinery

Leader calls 1404 the “Year of Investment for Production”

US sanctions four Indian firms for aiding Iranian oil sales

Iraq says waiver on gas purchases from Iran still in place

Energy Committee strongly supports oil minister after US sanctions

Foreign Ministry Spox condemns sanctions on oil minister

China state firms curb Russian oil imports on sanctions risks

US Treasury sanctions Iranian oil minister

Trump tariff threats are pushing Canada’s largest oil producer to break its dependence on the U.S.

Canadian energy minister says Ottawa will respond to any US tariffs

Iran dismisses reports of halting Iranian oil vessels

India ‘has agreed to cut tariffs’

Iran slams US ‘maximum pressure’ policy as ‘crime against humanity’

US mulls plan to disrupt Iran’s oil by halting vessels at sea

Iran, Brazil agree to enhance financial and banking ties

Working under sanctions is challenging, but solutions exist: PGPIC

US sanctions four India-based firms for involvement in Iranian oil trade

US imposes new sanctions on Chinese and Indian firms for helping Iran oil sales

India’s crude oil imports from US double in February