oil purchases

Spanish trade deficit drops


August 17th, 2012 - 1:03 pm ICT by IANS
Madrid, Aug 17 (IANS) Spain's trade deficit fell 22.5 percent in the first six months of 2012, reaching 18.64 billion euros ($22.92 billion), authorities said.Exports increased by 3.4 percent annually ... 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 |

US exempts India from Iran oil sanctions (Second Lead)


June 12th, 2012 - 2:49 pm 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 |

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 |

US exempts seven countries from sanctions


June 12th, 2012 - 6:56 am ICT by IANS
Washington, June 12 (IANS) The US will exempt seven economies, including India and Sri Lanka from sanctions, as a result of their significant reduction of oil purchase from Iran, ... Read more...

Posted in World |

Don’t become US ally, CPI-M tells government


June 11th, 2012 - 7:48 pm ICT by IANS
New Delhi, June 11 (IANS) The CPI-M Monday asked the government not to get into any strategic relationship with the US, "and firmly turn down any such role in the ... Read more...

Posted in Business |

Amid Western pressure, India, Iran seek closer economic ties (Roundup)


May 31st, 2012 - 10:03 pm ICT by IANS
New Delhi, May 31 (IANS) Amid mounting Western pressure, India Thursday underlined that unilateral sanctions should not impact upon its "legitimate trade interests" with Iran as Tehran urged ... Read more...

Posted in Uncategorized |

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 |

Probe ‘atrocities’, CPI-M tells Sri Lanka


March 19th, 2012 - 6:45 pm ICT by IANS
New Delhi, March 19 (IANS) The Communist Party of India-Marxist (CPI-M) Monday urged Sri Lanka to conduct "a credible and independent investigation" into charges of atrocities against civilians during the ... Read more...

Posted in Politics |

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 |

‘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 |

India open to all mechanisms to buy Iranian oil (Lead)


January 26th, 2012 - 8:42 pm ICT by IANS
New Delhi, Jan 26 (IANS) Unfazed by the US and EU sanctions, India Thursday said it is open to all mechanisms for payment, "whatever it takes," to buy Iranian oil ... Read more...

Posted in Business |

Gold for Iran oil report speculative: India


January 26th, 2012 - 5:09 pm ICT by IANS
New Delhi, Jan 26 (IANS) An Israeli website has suggested that India has agreed to pay Iran in gold for oil purchases, but Indian authorities have called the report "speculative".In ... Read more...

Posted in Business |

US working with India on options to pay Iran for oil


July 30th, 2011 - 11:39 am ICT by IANS
Washington, July 30 (IANS) The United States says it's working with India on ways New Delhi could pay off arrears to Iran for its oil purchases without attracting sanctions."We are ... Read more...

Posted in Business |

Beijing cracks down on illegal cooking oil


July 13th, 2011 - 6:10 pm ICT by IANS
Beijing, July 13 (IANS) Authorities here have cracked down on restaurants using illegal cooking oil -- supposedly edible cooking oil produced from so-called gutter oil and swill-cooked oil."All restaurants must ... Read more...

Posted in World |

India to pay Iran for oil through German central bank


February 25th, 2011 - 9:11 pm ICT by IANS
New Delhi, Feb 25 (IANS) India is working out an arrangement through Deutsche Bundesbank (the German Central Bank) to pay Iran for crude oil purchases, an official statement said Friday. Finance ... Read more...

Posted in Business |

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