Iran

Iranian Trader, Called "Sultan Of Coins", Executed For Gold Trafficking

World News | Agence France-Presse | Thursday November 15, 2018

Iran executed a trader dubbed the "Sultan of Coins" and his accomplice on Wednesday for exploiting a surge in gold demand from savers spooked by this year's currency crisis.

Ready To Import More Gas And Oil From US, Says India

World News | Reuters | Wednesday November 14, 2018

India's foreign secretary Vijay Gokhale said on Wednesday the country is open to importing more oil and gas from the United States.

"Squeeze Them Until The Pips Squeak": US Vows To Step Up Iran Sanctions

World News | Agence France-Presse | Tuesday November 13, 2018

US National Security Advisor John Bolton vowed Tuesday to "squeeze" Iran "until the pips squeak", a week after a tough new round of sanctions came into force.

Iran Sticking To Nuclear Deal Conditions, Says Nuclear Watchdog

World News | Agence France-Presse | Tuesday November 13, 2018

Iran has been abiding by the terms of its nuclear deal with global powers, the latest report from the UN atomic watchdog indicated Monday, days after fresh US sanctions hit the country.

Government Says Examining Details Of US Exemptions On Buying Iran Oil

India News | Reuters | Friday November 9, 2018

Government is examining the details of exemptions given to the country by the United States that will allow it to continue to buy Iranian crude oil, a foreign ministry spokesman said on Friday.

Crude Oil Prices Slump 20% From October Highs, Enter Bear Market

Business | Thomson Reuters | Friday November 9, 2018

The main downward price pressure came from rising supply, despite the US sanctions against Iran that were imposed this week, as well as concerns over an economic slowdown, say analysts.

India, Others Exempted From Iran Sanctions After They Sought "Help": US

India News | Press Trust of India | Thursday November 8, 2018

US President Donald Trump said he gave temporary exemptions to India and seven other major importers of Iranian oil as they sought US' "help" and he did not want to drive oil prices "up to USD 100 a barrel or USD 150 a barrel".

'New Gandhi's' Peace Walk From New Delhi To Geneva, Next Year

Indians Abroad | Agence France-Presse | Thursday November 8, 2018

An Indian activist said on Wednesday that he expects thousands of people to join his "March for Justice and Peace", a 9,500-kilometre hike from New Delhi to Geneva next year. Rajagopal PV told reporters in Geneva that he plans to begin his long trek from New Delhi next October 2 and should arrive in the Swiss city on September 25, 2020. The departu...

India Exempted From "Certain" US Sanctions Over Chabahar Port In Iran

India News | Press Trust of India | Wednesday November 7, 2018

The United States has exempted India from the imposition of certain sanctions for the development of the strategically-located Chabahar port in Iran, along with the construction of the railway line connecting it with Afghanistan.

Iran Foreign Minister Takes To YouTube Against "Unlawful" US Sanctions

World News | Agence France-Presse | Wednesday November 7, 2018

Iran's Foreign Minister Mohammad Javad Zarif took to YouTube on Tuesday to dismiss US sanctions and Washington's demands of change from Tehran as "absurd, unlawful and fundamentally flawed".

Crude Oil Imports From Iran Seen Rising in 2018-19 Despite US Sanctions

Business | Thomson Reuters | Tuesday November 6, 2018

The United States granted exemptions to India, China and six other countries, allowing them to temporarily continue buying Iranian oil, but those waivers carry conditions.

Government Aims To Sign Pact With Iran For Oil Payments In Rupees: Report

Business | Thomson Reuters | Tuesday November 6, 2018

India, which got a waiver from the latest tougher US sanctions against Tehran on Monday, used a similar mechanism in the previous round of sanctions but settled only 45 per cent of the payments in rupees.

In An Interim Move, 3 Iranian Nuclear Sites Exempted From US Sanctions

World News | Indo-Asian News Service | Tuesday November 6, 2018

The US has exempted three Iranian nuclear sites from sanctions, but warned that they will be under strict scrutiny, the State Department said. The benefitted sites were those of Arak (central Iran), Bushehr (south) and Fordow, near the city of Qom that was built underground to protect against military attack. The measure announced on Monday was "in...

"Not Looking To Be Great Hero": Trump On Oil Exemptions To India, Others

World News | Press Trust of India | Tuesday November 6, 2018

US President Donald Trump on Monday defended his decision to give temporary exemptions to eight countries, including India and China, from the ban on Iranian oil imports, saying it was done so to keep global oil prices down and avoid causing a shock to the market.

US Grants Temporary Iran Oil Waivers To India, Seven Other Countries

Business | Thomson Reuters | Monday November 5, 2018

Some of the eight countries - China, India, Greece, Italy, Taiwan, Japan, Turkey and South Korea - include OPEC (Organization of the Petroleum Exporting Countries) member Iran's top customers.