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India apprehensive of Iran oil sanctions

India apprehensive of Iran oil sanctions

U.S. sanctions on Iran could boost oil prices and inflation to a point that hurts the common person in India, the country’s ambassador to the United States said on Tuesday, after the Trump administration said it would end waivers for Iran’s oil buyers.

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Zarif in Doha for ACD meeting

Zarif in Doha for ACD meeting

Iranian Foreign Minister Mohammad Javad Zarif arrived in Doha, Qatar, last night to attend the 16th Foreign Ministers' Meeting of the Asia Cooperation Dialogue.

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Trump's crude politics to the point of no return

Trump's crude politics to the point of no return

Of all the countries in the world, Iran seems to be President Trump’s main squeeze — and not in a good way. On Monday, his administration confirmed that it was ending the temporary waivers it had granted a handful of countries so they could keep importing Iranian oil while avoiding sanctions imposed by the White House on the Iranian oil industry. The decision caught energy markets and a number of key American partners, many of whom had anticipated receiving an additional extension on the waivers, off guard. Oil prices spiked to six-month highs after the news was first reported by The Washington Post on Sunday.

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US clamps down on Iranian oil sales, risks rise in petrol prices

US clamps down on Iranian oil sales, risks rise in petrol prices

The Trump administration is poised to end a program that has allowed five large nations, including China and India, to buy Iranian oil despite American sanctions, two senior American officials said on Sunday, a decision that is intended to squeeze Tehran’s government but could lead to higher oil and gasoline prices.

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