Exemptions to some countries to keep oil prices down: Trump on sanctions

Defending his decision to give temporary exemptions to eight countries, including India and China, from the ban on Iranian oil imports, US President Donald Trump has said it was done so to keep......

America's "toughest ever" sanctions on Iran come into force

The Trump administration has said it is confident that “the toughest ever” sanctions against Iran which came into force on Monday will have the intended effect of altering the Iranian......

Never, ever threaten US again: Trump to Iran

In a late-night tweet in capital letters, he said Iran must ‘never, ever threaten the United States again’. A furious United States President Donald Trump on Monday warned his Iranian......

Trump withdraws US from 'defective' Iran nuclear deal

The US president said new sanctions would be imposed, adding ‘America will not be held hostage to nuclear blackmail’. FAQ: What the big Iran deal is all about IMAGE: US President......

India to award leases to top up strategic oil reserves amid Gulf tensions

State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates India’s strategic crude oil storage, will make awards by December to lease around 1 million tons of crude oil......

A yr of Israel-Hamas war: Trade with W Asia holds steady

A year after a Hamas attack against Israel on October 7 and the ensuing Israeli invasion of the Gaza Strip, India’s trade with most West Asian countries has largely escaped any major......

$120 mn investments, $250 mn credit line to fund Chabahar port growth

India’s 10-year bilateral contract with Iran for the operation of Chabahar Port is likely to bring in an investment of approximately $370 million. Photograph: Courtesy,......

Markets wrong to hope worst of geopolitical crises over: Wood

Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity......

Asian Games: Arjun, Vidit secure wins; Humpy plays tie

Photograph: Kind Courtesy Lennart Ootes/FIDE Indian women’s chess player Dronavalli Harika faced defeat, and Koneru Humpy played out a tie, while Arjun Kumar and Vidit Santosh won their......

Iran do their talking on the pitch in defeat of Wales

IMAGE: Iran’s coach Carlos Queiroz celebrates with players after the 2-0 win. Photograph: Richard Heathcote/Getty Images Iran ignored the distractions that have overshadowed the team......

FIFA WC diary: Beer priced at nearly $14 per half-litre!

IMAGE: A football fan from England bought beers from all 32 countries playing at the 2022 World Cup in Qatar. Photograph: Kind courtesy, Gus/ballstothis/Twitter Half a litre of beer will cost 50......

Fears over Iranian climber's safety over not wearing hijab

IMAGE: Iranian rock climber Elnaz Rekabi had competed in the Asian Climbing Competition in Seoul without a headscarf. She said in a statement on Instagram that it was 'unintentional'. Photograph:......

Olympics: How India's athletes fared on Friday, August 6

IMAGE: India's Aditi Ashok plays her shot from the second tee during the third round of the Olympics women's Individual Stroke Play golf, at Kasumigaseki Country Club in Kawagoe, Japan, on Friday.......