India

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India to buy 12 percent less Iran oil in April vs March

Oil and Natural Gas Corp's (ONGC) wells are pictured in an oil field on the outskirts of Ahmedabad, India, March 16, 2016. (REUTERS) March 16, 2019 Indian state refiners will lift 8 million barrels of Iranian oil in April, a decline of about 12 percent from the previous month, industry sources said, as [...]

By |March 16th, 2019|East Asia, India|

Could the Iranian port of Chabahar be a bridge between Kabul and New Delhi?

Iranian President Hassan Rouhani during the inauguration of an extension of the port of Chabahar on the Gulf of Oman on Dec. 3, 2017. (AP) March 11, 2019 Last month, Afghanistan took a detour to ship goods to India. Instead of using a land route via Pakistan, the inaugural convoy of 23 trucks [...]

By |March 11th, 2019|Afghanistan, India, Pakistan|

Chabahar Port deal threatens to capsize Iran sanctions

Indian PM Modi and Iranian president Rouhani signed a historic deal with Iran to develop the Chabahar port. (AFP) By Varsha Koduvayur and Andrew Gabel March 9, 2019 Afghanistan sent India its first exports last week through southeastern Iran’s Chabahar port, which the Trump administration has exempted from U.S. sanctions in order to facilitate Afghan reconstruction efforts. [...]

By |March 9th, 2019|Afghanistan, India, Pakistan|

India wants to extend U.S. waivers for buying Iranian oil

A Cairn India employee works at a storage facility for crude oil at Mangala oil field at Barmer in the desert Indian state of Rajasthan in this August 29, 2009 file photo. (REUTERS) March 8, 2019 India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day [...]

By |March 8th, 2019|East Asia, India|

India, Iran may expand ties to counter terror in region

India and Iran accuse Pakistan and the ISI of lending support to terror outfits operating out of the country. (ET) By Dipanjan Roy Chaudhury March 7, 2019 India is exploring the possibility of expanding its anti-terror partnership with Iran to counter terrorist activities allegedly launched from Pakistan’s soil, sources told ET. A day [...]

By |March 7th, 2019|India, Pakistan|

Iran buys Indian sugar for first time in five years to overcome U.S. sanctions

Indian Prime Minister Narendra Modi, right, with Iranian President Hassan Rouhani release a postal stamp commemorating growing economic and trade ties between the two nations in New Delhi, India, Saturday, Feb. 17, 2018. (AP) February 26, 2019 Indian traders will export raw sugar to Iran for March and April delivery, five trade sources [...]

By |February 26th, 2019|East Asia, India|

Afghanistan launches new export route to India through Iran

Slipping popularity. Iranian President Hassan Rohani poses at the inauguration a newly built extension of the Chabahar port last December. (AP) February 25, 2019 Afghanistan began exports to India through an Iranian port on Sunday, official said, as the landlocked, war-torn nation turns to overseas markets to improve its economy. Officials said 23 [...]

By |February 25th, 2019|Afghanistan, East Asia, India, Palestine|

Renewed U.S. sanctions on Iran revive fortunes of an Indian bank

Iranian President Hassan Rouhani shakes hands with India's Prime Minister Narendra Modi (R) during a photo opportunity ahead of their meeting at Hyderabad House in New Delhi, India, February 17, 2018. (REUTERS) By Pradipta Mukherjee February 23, 2019 Renewed U.S. sanctions on Iran’s oil exports are giving a boost to the profits of [...]

By |February 23rd, 2019|East Asia, India|

India’s oil imports from Iran plunged 45 pct in January year on year

Indian Prime Minister Narendra Modi, left, meets with Iranian President Hassan Rouhani at the Saadabad Palace in Tehran, Iran, Monday, May 23, 2016. (AP) February 16, 2019 India’s oil imports from Iran fell by 45 percent in January to 270,500 barrels per day oil (bpd), ship tracking data reviewed by Reuters showed, below [...]

By |February 16th, 2019|East Asia, India|

India’s Iran sanctions exceptions must include safeguards

Indian Prime Minister Narendra Modi, right, with Iranian President Hassan Rouhani release a postal stamp commemorating growing economic and trade ties between the two nations in New Delhi, India, Saturday, Feb. 17, 2018. (AP) By Annie Fixler and Varsha Koduvayur January 21, 2019 Iran and India announced last week that New Delhi hopes to start operations [...]

By |January 21st, 2019|East Asia, India|