iranian oil

Iran mulling oil refineries in Africa


September 3rd, 2012 - 8:15 pm ICT by IANS
Tehran, Sep 3 (IANS) Iranian Oil Minister Rostam Qasemi has said the country is considering the construction of small oil refineries in some African countries, local media reported Monday.Qasemi said ... Read more...

Posted in World |

PM heads to Tehran for NAM summit, Iran ties in focus (Lead)


August 25th, 2012 - 9:58 pm ICT by IANS
New Delhi, Aug 25 (IANS) Amid mounting pressure from West on Iran over its nuclear programme, Prime Minister Manmohan Singh heads to Tehran Tuesday to attend the Non-Aligned Movement ... Read more...

Posted in Politics |

Manmohan set for high-wire diplomacy in Iran: Oil, trade, Syria on agenda


August 12th, 2012 - 6:18 pm ICT by IANS
New Delhi, Aug 12 (IANS) In a visit laden with immense symbolic significance, Prime Minister Manmohan Singh heads to Iran Aug 28 to attend the Non-Aligned Movement (NAM) summit, ... Read more...

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US Congress passes new sanctions against Iran


August 2nd, 2012 - 1:45 pm ICT by IANS
Washington, Aug 2 (IANS) The US Congress has passed additional sanctions seeking to further stifle Iran's oil exports, just a day after President Barack Obama announced new measures to ... Read more...

Posted in Business |

US targets banks that help Iran


August 1st, 2012 - 3:30 am ICT by IANS
Washington, Aug 1 (IANS) US President Barack Obama Tuesday announced new sanctions against foreign banks that help Iran sell its oil.Obama said the latest round of sanctions is to ... Read more...

Posted in Business |

India-Saudi ties poised for upsurge after Jundal handover (News Analysis)


July 29th, 2012 - 4:34 pm ICT by IANS
New Delhi, July 29 (IANS) Building upon the positive momentum generated by the handover of 26/11 handler Abu Jundal by Riyadh last month, India and Saudi Arabia are set ... Read more...

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Iran to shut Hormuz Strait if threatened: Officials


July 7th, 2012 - 8:58 pm ICT by IANS
Tehran, July 7 (IANS) The strategic Strait of Hormuz may be closed if Iran's security is threatened, top Iranian officials have said."We do have the plan to close the Strait ... Read more...

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Oil jumps on Iran tension


July 4th, 2012 - 9:50 am ICT by IANS
New York, July 4 (IANS) Crude oil prices rose Tuesday as rising Iran tension caused supply fears, Xinhua reported.Iran has again threatened to block a critical shipping route in response ... Read more...

Posted in Business |

China opposes unilateral sanctions against Iran


July 1st, 2012 - 8:50 pm ICT by IANS
Beijing, July 1 (IANS) China has reiterated its opposition to unilateral sanctions against Iran.The Chinese foreign ministry expressed the country's opposition again after Washington exempted China and Singapore from ... Read more...

Posted in World |

EU to enforce Iran oil embargo from July onwards


June 26th, 2012 - 10:57 am ICT by IANS
Brussels, June 26 (IANS) The European Union (EU) has formally approved an embargo on Iranian oil to be enforced from July 1 onwards.The EU Foreign Affairs Council made the decision ... Read more...

Posted in World |

US exempts India from Iran oil sanctions (Lead)


June 12th, 2012 - 9:22 am ICT by IANS
Washington, June 12 (IANS) A day before India-US strategic dialogue here, the US has exempted India and six other nations from its tough Iran oil sanctions for significantly reducing their ... Read more...

Posted in World |

India, US to hold strategic dialogue, Iran high on agenda


June 8th, 2012 - 8:20 pm ICT by IANS
New Delhi, June 8 (IANS) India and the US will hold their third strategic dialogue June 13 that will see the two countries expand their cooperation across the spectrum, ... Read more...

Posted in Uncategorized |

India, China to discuss Iran


June 3rd, 2012 - 4:26 pm ICT by IANS
New Delhi, June 3 (IANS) India and China are expected to hold bilateral talks on the sidelines of the SCO summit in Beijing later this week to review the progress ... Read more...

Posted in Uncategorized |

Amid sanctions pressure, Iran to pitch for expanded India ties


May 30th, 2012 - 6:02 pm ICT by IANS
New Delhi, May 30 (IANS) Barely a month before US and EU sanctions against Tehran become operational, Iran will hold talks with India Thursday in a bid to expand ... Read more...

Posted in Uncategorized |

Iranian minister to visit India with NAM invite


May 25th, 2012 - 8:00 pm ICT by IANS
New Delhi, May 25 (IANS) Iranian Foreign Minister Ali Akbar Salehi comes here next week to extend an invitation to Prime Minister Manmohan Singh to visit Iran for the ... Read more...

Posted in Business |

US diplomat misquoted on India’s efforts on Iran oil


May 16th, 2012 - 1:38 pm ICT by IANS
Washington, May 16 (IANS) A top US energy diplomat was misquoted by Reuters news agency in suggesting that he was "not too impressed" with India's efforts to cut its imports ... Read more...

Posted in World |

India decides to cut Iran crude imports by 11 percent


May 15th, 2012 - 4:24 pm ICT by IANS
New Delhi, May 15 (IANS) In the face of US sanctions on Iran, India has decided to reduce crude oil imports from the gulf nation by 11.1 percent to 15.5 ... Read more...

Posted in Business |

India says it’s free to decide on Iran oil imports


May 10th, 2012 - 1:57 pm ICT by IANS
New Delhi, May 10 (IANS) India is "free to take its decisions" on importing oil from Iran despite economic sanctions by the US to thwart Tehran's alleged military nuclear programme, ... Read more...

Posted in Uncategorized |

US sending envoy to help India cut Iran oil imports


May 9th, 2012 - 11:51 am ICT by IANS
Washington, May 9 (IANS) The United States is sending a team of energy experts to help India reduce its dependence on Iranian oil, while acknowledging that New Delhi has cut ... Read more...

Posted in Business |

Iran, Pakistan on anvil as Clinton and Krishna meet (Afternoon Lead)


May 8th, 2012 - 3:16 pm ICT by IANS
New Delhi, May 8 (IANS) India Tuesday asked Pakistan to dismantle its terror network and explained to the US its continued reliance on Iranian oil when External Affairs Minister ... Read more...

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Pakistan needs to take steps that India, US asking: Hillary (Roundup)


May 7th, 2012 - 8:36 pm ICT by IANS
Kolkata, May 7 (IANS) US Secretary of State Hillary Clinton, on the second day of her visit to this city to "explore the economic potential of east India", said ... Read more...

Posted in Uncategorized |

Clinton visit: India to juggle ties with US, Iran


May 5th, 2012 - 7:46 pm ICT by IANS
New Delhi, May 5 (IANS) India will be juggling its ties with Iran and the US as it gears up to hold talks with Secretary of State Hillary Clinton ... Read more...

Posted in Uncategorized |

Sri Lanka rejects Indian offer to upgrade refinery


April 29th, 2012 - 4:28 pm ICT by IANS
Colombo, April 29 (IANS) Sri Lanka has rejected an Indian offer to upgrade a refinery that is built to refine only Iranian oil, a minister said Sunday.Petroleum Minister Susil Premjayantha ... Read more...

Posted in Business |

Enough global oil to sideline Iran: Obama


March 31st, 2012 - 4:39 pm ICT by IANS
Washington, March 31 (IANS) US President Barack Obama has approved new sanctions against Iran, saying there was sufficient oil in the world market to allow countries to cut Iranian ... Read more...

Posted in Business |

Indian tea makers fear lacklustre exports


March 28th, 2012 - 2:39 pm ICT by IANS
Kolkata, March 28 (IANS) Indian tea exporters see little chance of a rise in the export of the brew in 2012 compared to last year, with the continuing Iran payment ... Read more...

Posted in Business |

US serves notice on India on Iran oil sanctions


March 22nd, 2012 - 10:34 am ICT by IANS
Washington, March 22 (IANS) The United States has served notice on India and 11 other major importers of Iranian oil that a decision on imposing financial sanctions on ... Read more...

Posted in Business |

India, China not spared from US sanctions on Iran oil


March 21st, 2012 - 9:44 am ICT by IANS
Washington, March 21 (IANS) The United States has not included India and China in a list of 11 nations that would be spared financial sanctions as they have significantly ... Read more...

Posted in Business |

Sanctions on India over Iran? US says reports highly speculative (Lead)


March 16th, 2012 - 7:18 pm ICT by IANS
Washington, March 16 (IANS) Describing media reports that America has threatened India with sanctions if it does not reduce its Iranian oil imports by June-end as "highly speculative", US ... Read more...

Posted in World |

US threatens sanctions against India over Iran oil?


March 16th, 2012 - 10:29 am ICT by IANS
Washington, March 16 (IANS) The United States has threatened to impose sanctions on India if it fails to reduce its purchases of Iranian oil, according to a media report citing ... Read more...

Posted in World |

Amid sanctions, Indian business delegation heads to Iran


March 9th, 2012 - 10:30 pm ICT by IANS
New Delhi, March 9 (IANS) Amid US sanctions and accelerated efforts by the West to isolate Iran, a mammoth Indian trade delegation Friday left for Tehran to explore business opportunities ... Read more...

Posted in Business |

India warns against ‘disastrous’ conflict over Iran


March 7th, 2012 - 1:10 am ICT by IANS
Washington, March 6 (IANS) Asserting that media has presented a distorted picture of its relations with Iran, India has warned against letting the Iran situation escalate into a "disastrous" conflict ... Read more...

Posted in World |

‘India diversifying sources to reduce dependence on Iranian oil’


February 29th, 2012 - 5:26 pm ICT by IANS
New Delhi, Feb 29 (IANS) India will increase imports of crude oil from Africa and Latin American countries to reduce dependence on Gulf countries, especially Iran which is facing sanctions ... Read more...

Posted in Uncategorized |

Moscow urges Iran to respond to IAEA concerns


February 27th, 2012 - 6:33 pm ICT by IANS
Moscow, Feb 27 (IANS/RIA Novosti) Russia wants Iran to answer all existing questions from the UN nuclear watchdog International Atomic Energy Agency (IAEA) over its controversial nuclear programme.Russia believes such ... Read more...

Posted in World |

Iran denies Greece 500,000 barrels of oil


February 26th, 2012 - 6:30 pm ICT by IANS
Moscow, Feb 26 (IANS/RIA Novosti) Iran has refused to supply 500,000 barrels of oil to Greece in response to the European Union's sanctions against the Islamic Republic, the Iranian news ... Read more...

Posted in Business |

US pushing India to ‘wean’ from Iran oil


February 22nd, 2012 - 11:33 am ICT by IANS
Washington, Feb 22 (IANS) The United States continues to talk with India to encourage it to reduce its dependence on Iranian crude, but would not say what progress it has ... Read more...

Posted in World |

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