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Hormuz Blockade Threatens Energy Security Of Asia's Largest Economies
Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites.
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US Urges China To Keep Iran From Shutting Strait Of Hormuz, A Key Trade Route
Analysts have said Iran may opt to retaliate to Washington's early Sunday attack by shutting the Strait, a waterway through which one-fifth of global oil output passes.
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Tehran Says No Objection To US Companies Operating In Iran
Araghchi said US firms could enter key sectors of Iran's economy, including its oil and gas industry, but emphasised that if an agreement is reached, the ball be in Washington's court to allow US firms to operate in Iran.
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NDTV Exclusive: Repression, Torture, Slavery - Syrians Recall Horrors Of Assad Rule
Syria witnessed a swift revolution that ended five decades of Assad family rule. Rebels and the Syrian opposition seized control of Damascus in a movement that stunned the world.
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Opinion | What Sanctions? How US' Favourite Foreign Policy Tool Is Backfiring
For the US, the question is not just whether sanctions are effective, but if they are backfiring. Sanctions might weaken economies, but they help autocratic regimes exploit public sentiment in order to stay in power.
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Sri Lanka Partially Repays Iranian Oil Bebt With $20 Million Worth Of Tea
Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its $251 million oil debts, with Colombo saying Tehran's visiting foreign minister had expressed "satisfaction" at the deal.
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Israel-Hamas War Will Impact Oil Prices, Economy: Industry Body Official To NDTV
The Israel-Hamas war is a reason for concern and will impact oil prices if the Middle East and Iran get involved, said PHD Chamber of Commerce & Industry's (PHDCCI) Executive Director Ranjeet Mehta.
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India Strong Enough To Stand Against West: Iranian Envoy
Calling India a rising power and a powerful economy, Iranian Envoy to India Iraj Elahi said that India is strong enough to resist the pressure of the West as it resisted the pressure of buying oil from Russia.
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Two New Countries Apply To Join BRICS. Details Here
Iran has submitted an application to become a member in the group of emerging economies known as the BRICS, an Iranian official said on Monday.
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New Iranian President Ebrahim Raisi To Take Oath Before Parliament
New President Ebrahim Raisi takes the oath before parliament Thursday, with Iran facing an economy battered by US sanctions, a grinding health crisis and thorny negotiations on its nuclear programme.
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Crytocurrency Mining Banned in Iran for 4 Months Amid Power Cuts
Iran has banned the energy-intensive mining of cryptocurrencies such as Bitcoin for nearly 4 months, President Hassan Rouhani said, as the country faces major power blackouts in many cities.
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Who Can Boost Crude Supply To Offset Saudi Oil Attacks? Here's A List
Here is a list of countries that could boost crude production to offset losses from Saudi Arabia in the event that the disruption to supplies from the attacks on its Abqaiq and Khurais processing facilities lasts longer than initially expected. It's not a long list and much may not be accessible.
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More Than Half Of Saudi Oil Output Hit After Drone Attacks On Aramco Plants
Saudi Arabia drone attack: Explosions and towering fireballs struck the heart of Saudi Arabia's oil empire on Saturday in an apparent wave of drone attacks claimed by Yemen's Houthi rebels. The blows knocked out more than half the kingdom's oil output for days or more and threatened to drive up already high tensions between Iran and its foes in the...
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Trump-Xi Meet, Iran Tension To Overshadow G20 Summit In Japan
Concerns over trade, conflict and oil will dominate a summit of the Group of 20 major economies in Japan this weekend, with attention focused on a meeting between the leaders of the United States and China, embroiled in a lengthy trade war.
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Trump Says Will Impose Fresh Sanctions On Iran Amid Heightened Tensions
U.S. President Donald Trump said on Saturday he would impose fresh sanctions on Iran but that he wanted to make a deal to bolster its flagging economy, an apparent move to defuse tensions following the shooting down of an unmanned U.S. drone this week by the Islamic Republic.
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Hormuz Blockade Threatens Energy Security Of Asia's Largest Economies
Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites.
-
US Urges China To Keep Iran From Shutting Strait Of Hormuz, A Key Trade Route
Analysts have said Iran may opt to retaliate to Washington's early Sunday attack by shutting the Strait, a waterway through which one-fifth of global oil output passes.
-
Tehran Says No Objection To US Companies Operating In Iran
Araghchi said US firms could enter key sectors of Iran's economy, including its oil and gas industry, but emphasised that if an agreement is reached, the ball be in Washington's court to allow US firms to operate in Iran.
-
NDTV Exclusive: Repression, Torture, Slavery - Syrians Recall Horrors Of Assad Rule
Syria witnessed a swift revolution that ended five decades of Assad family rule. Rebels and the Syrian opposition seized control of Damascus in a movement that stunned the world.
-
Opinion | What Sanctions? How US' Favourite Foreign Policy Tool Is Backfiring
For the US, the question is not just whether sanctions are effective, but if they are backfiring. Sanctions might weaken economies, but they help autocratic regimes exploit public sentiment in order to stay in power.
-
Sri Lanka Partially Repays Iranian Oil Bebt With $20 Million Worth Of Tea
Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its $251 million oil debts, with Colombo saying Tehran's visiting foreign minister had expressed "satisfaction" at the deal.
-
Israel-Hamas War Will Impact Oil Prices, Economy: Industry Body Official To NDTV
The Israel-Hamas war is a reason for concern and will impact oil prices if the Middle East and Iran get involved, said PHD Chamber of Commerce & Industry's (PHDCCI) Executive Director Ranjeet Mehta.
-
India Strong Enough To Stand Against West: Iranian Envoy
Calling India a rising power and a powerful economy, Iranian Envoy to India Iraj Elahi said that India is strong enough to resist the pressure of the West as it resisted the pressure of buying oil from Russia.
-
Two New Countries Apply To Join BRICS. Details Here
Iran has submitted an application to become a member in the group of emerging economies known as the BRICS, an Iranian official said on Monday.
-
New Iranian President Ebrahim Raisi To Take Oath Before Parliament
New President Ebrahim Raisi takes the oath before parliament Thursday, with Iran facing an economy battered by US sanctions, a grinding health crisis and thorny negotiations on its nuclear programme.
-
Crytocurrency Mining Banned in Iran for 4 Months Amid Power Cuts
Iran has banned the energy-intensive mining of cryptocurrencies such as Bitcoin for nearly 4 months, President Hassan Rouhani said, as the country faces major power blackouts in many cities.
-
Who Can Boost Crude Supply To Offset Saudi Oil Attacks? Here's A List
Here is a list of countries that could boost crude production to offset losses from Saudi Arabia in the event that the disruption to supplies from the attacks on its Abqaiq and Khurais processing facilities lasts longer than initially expected. It's not a long list and much may not be accessible.
-
More Than Half Of Saudi Oil Output Hit After Drone Attacks On Aramco Plants
Saudi Arabia drone attack: Explosions and towering fireballs struck the heart of Saudi Arabia's oil empire on Saturday in an apparent wave of drone attacks claimed by Yemen's Houthi rebels. The blows knocked out more than half the kingdom's oil output for days or more and threatened to drive up already high tensions between Iran and its foes in the...
-
Trump-Xi Meet, Iran Tension To Overshadow G20 Summit In Japan
Concerns over trade, conflict and oil will dominate a summit of the Group of 20 major economies in Japan this weekend, with attention focused on a meeting between the leaders of the United States and China, embroiled in a lengthy trade war.
-
Trump Says Will Impose Fresh Sanctions On Iran Amid Heightened Tensions
U.S. President Donald Trump said on Saturday he would impose fresh sanctions on Iran but that he wanted to make a deal to bolster its flagging economy, an apparent move to defuse tensions following the shooting down of an unmanned U.S. drone this week by the Islamic Republic.
