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US sanctions 2 Indians for alleged links to Houthis

 The United States has sanctioned 18 companies and individuals, including two Indians, for their alleged ties to a Houthi network transporting Iranian oil, revenue from which enables Houthi attacks......

New US sanctions target Iran's energy, petrochem sectors

 US President Barack Obama has slapped new tough sanctions against Iran targetting its energy and petrochemical sectors, which he said are part of efforts to isolate the Iranian government for its......

Will Iran pipedream remain just a dream?

 The next time you hear talk of the Iran-Pakistan-India gas pipeline, take it with a liberal dose of salt.According to a senior executive of National Iranian Gas Export Company, the Indian......

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......

The Struggle over Oil

 China and India are currently the engines of world economic growth. But India is still a minor part in the worldwide competition for scarce resources. China has become the world's second-largest......

Oil companies may use Union Bank for Iran payment

 The government is likely to resolve the crisis over payment for buying crude oil from Iran by asking Indian companies to open rupee accounts in Union Bank of India.An Iranian delegation is expected......

Pact with Iranian Oil for fertiliser JV soon

 India is close to joining hands with National Iranian Oil Company to set up a gas-based fertiliser joint venture project for the production of urea in Iran.As per official sources, feasibility......

India to buy Iranian oil despite US sanctions: Pradhan

 Oil Minister Dharmendra Pradhan on Monday said two state refiners have placed orders for importing crude oil from Iran in November, the month when United States sanctions on Iranian oil purchases......

US allows India, China, 6 others to buy Iranian oil

 India, China and Japan are among eight countries temporarily allowed to continue buying Iranian oil as they showed significant reduction in oil purchase from the Persian Gulf country after the......

Centre in a huddle to understand impact of the Iran-Israel tensions

 Top government officials in New Delhi have started discussions with stakeholders ranging from shipping and container companies to export promotion councils to understand the impact of the......

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