India hopes for U.S. waiver on Iran
6 years, 2 months ago

India hopes for U.S. waiver on Iran

The Hindu  

With about 72 hours to go for the United States deadline on sanctions on oil trade with Iran as well as dealing with ports and shipping, Indian officials were cautiously optimistic they will receive a waiver from Washington. The spokesperson of the Ministry of External Affairs said India has been in talks with the U.S. as well as with Iran to ensure uninterrupted energy supply. The waivers “look likely but not yet formally decided”, a government official told The Hindu, indicating that the final word rests with U.S. President Donald Trump who must sign them before November 4. Significantly, Foreign Secretary Vijay Gokhale had mentioned India's intention to go ahead with the Chabahar project in the US Ambassador's presence at the same event, blaming Pakistan for "blighting" India's connectivity options to the West. Mr. Juster also denied that India's position on the sanctions had anything to do with US President Trump's decision to regret India's invitation to the Republic Day Parade. "

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History of this topic

Iran Asks India To Resume Oil Trade, Relax Visas
1 week, 6 days ago

Iran Asks India To Resume Oil Trade, Relax Visas

ABP News  

The new Iranian administration under President Masoud Pezeshkian is planning to give a renewed push for resumption of oil trade with India even as Tehran is seeking expansion of people-to-people ties with New Delhi by way of visa relaxation, according to a senior Iranian official. We understand why India has to follow the sanctions but trade is falling year-on-year which …

The turning tides of US sanctions: India caught between a rock and a hard place
1 year ago

The turning tides of US sanctions: India caught between a rock and a hard place

Live Mint  

The recent escalation of US sanctions against Russia seems to have significant consequences for the Indian market. In the context of the US' secondary sanctions targeting Russia, India too can resort to such countermeasures to provide an avenue of insulation for its fiscal priorities and market interests. Forms of countermeasures Bilateral negotiations and conditional waivers The US government can authorize …

Iran likely to nudge India on oil imports
2 years, 4 months ago

Iran likely to nudge India on oil imports

The Hindu  

Iran will nudge India towards reviving its procurement of discounted Iranian sweet crude during a meeting between Prime Minister Narendra Modi and Iranian President Ebrahim Raisi that is likely to take place this Friday on the sidelines of the Shanghai Cooperation Organisation summit in Samarkand. This will be the first time the two leaders will meet since Mr. Raisi’s election …

Russia offers more oil to India
2 years, 10 months ago

Russia offers more oil to India

The Hindu  

Beleaguered by sanctions from the western countries and a ban on fuel exports to the United States, Russia is keen to increase its oil and petroleum product exports to India and India’s investments in the Russian oil sector, Russian Deputy Prime Minister Alexander Novak conveyed to Petroleum Minister Hardeep Puri on Friday. “Russia’s oil and petroleum product exports to India …

Will India face sanctions for S-400? | Worldview with Suhasini Haidar
3 years, 1 month ago

Will India face sanctions for S-400? | Worldview with Suhasini Haidar

The Hindu  

Russian President Putin will be in India in early December and so will the Russian S-400 Triumf long range air defense systems — and the question is, will the US government place sanctions on India, or will President Biden use his powers for sanctions waiver. Countering American Adversaries Through Sanctions Act is a 2018 American law, pushed by the Democrats …

For more than a waiver: On India-US global strategic partnership
3 years, 1 month ago

For more than a waiver: On India-US global strategic partnership

The Hindu  

The announcement by Russia that supplies of the S-400 Triumf system to India have already begun has set the stage for Russian President Vladimir Putin’s visit in early December. The Modi government has, justifiably, paid little heed to U.S. warnings that the sanctions — slapped on China and NATO partner, Turkey, for buying the S-400 — could also be used …

India to resume buying oil from Iran once U.S. sanctions ease
3 years, 9 months ago

India to resume buying oil from Iran once U.S. sanctions ease

The Hindu  

India will look to resume buying crude oil from Iran the moment U.S. sanctions are eased, helping it diversify its import basket, a senior government official said. India stopped importing oil from Iran in mid-2019 following sanctions on the Persian Gulf nation by the Trump administration. "Once the sanctions are lifted, we can look to resume oil imports from Iran," …

Indian Refiners Would Resume Iranian Oil Imports if US Sanctions Eased: HPCL Chief
3 years, 11 months ago

Indian Refiners Would Resume Iranian Oil Imports if US Sanctions Eased: HPCL Chief

News 18  

Indian refiners would resume imports of Iranian oil if the United States eases sanctions against Tehran, the chairman of state-run Hindustan Petroleum Corp said on Thursday. India, which was Iran’s top oil client after China, had stopped oil imports from the OPEC nation in mid-2019 under pressure from the stringent sanctions imposed by former US President Donald Trump. On Monday, …

No evidence that India is running afoul of US sanctions: Official
5 years, 4 months ago

No evidence that India is running afoul of US sanctions: Official

India TV News  

The United states has no evidence that India is running afoul of American sanctions on Iran, a top US diplomat said on Tuesday. “We have no evidence that India is running afoul of US sanctions,” Special US Representative to Iran, Brian Hook, told reporters at the Foreign Press Centre. Hook was responding to a reporter's questions alleging that India is …

Ties with Iran not influenced by any third country: India
5 years, 6 months ago

Ties with Iran not influenced by any third country: India

India TV News  

India on Wednesday said its ties with Iran stand on their own and are not influenced by any third country, an assertion which came in the wake of US sanctions on import of Iranian oil. After six-month-long exemptions from US sanctions to buy oil from Iran ended in May, India said it will deal with the issue based on three …

Expect a friend to understand: Hope India will act in its national interest, says Iran on oil imports
5 years, 6 months ago

Expect a friend to understand: Hope India will act in its national interest, says Iran on oil imports

India Today  

Amid US sanctions, Iran on Tuesday said it believes India will act in its national interest on the issue of oil imports and Tehran can act as a "protector" of India's energy security. His remarks assume significance as they come days after US Secretary of State Mike Pompeo had assured India that America is "doing everything" to ensure crude oil …

Iran hopeful India will act in its national interest on oil imports issue
5 years, 6 months ago

Iran hopeful India will act in its national interest on oil imports issue

India TV News  

Amid US sanctions, Iran on Tuesday said it believes India will act in its national interest on the issue of oil imports and Tehran can act as a "protector" of India's energy security. His remarks assume significance, as they come days after US Secretary of State Mike Pompeo, had assured India that America is "doing everything" to ensure crude oil …

US Secretary of State Pompeo promises to ensure oil supplies to India after Iranian crude ban
5 years, 6 months ago

US Secretary of State Pompeo promises to ensure oil supplies to India after Iranian crude ban

Live Mint  

US secretary of state Michael Richard Pompeo on Wednesday night promised India of adequate crude oil supplies even as India, the world's third-largest oil importer, has been trying to buffer its consumers from the spike in global prices. However, with the US’s conditional waiver for Iranian oil imports to eight countries, including China and India, expiring on 2 May, India …

Iran-US standoff: A policy challenge for India
5 years, 7 months ago

Iran-US standoff: A policy challenge for India

Deccan Chronicle  

One of the immediate challenges faced by new external affairs minister Subrahmanyam Jaishankar and his team would be to chart a safe course for India’s continued stable relations with Iran in the face of increasing pressure from the United States, Israel and some friendly Arab countries to assume a more anti-Tehran posture. India’s ambassador to the US Harsh Shringla said …

India stopped purchasing Iranian oil after US waivers expired: Envoy
5 years, 7 months ago

India stopped purchasing Iranian oil after US waivers expired: Envoy

India TV News  

India has stopped importing oil from Iran after American waivers granted to eight buyers expired early this month, New Delhi's envoy here has said, becoming the latest country to comply with the US sanctions on Tehran over its nuclear programme. To reduce Iran's crude oil export to zero, the US ended on May 2 waivers that had allowed the top …

Slippery slope: on India and Iran developments
5 years, 7 months ago

Slippery slope: on India and Iran developments

The Hindu  

Iranian Foreign Minister Javad Zarif was in New Delhi this week as part of a regional outreach that includes Russia, China, Turkmenistan and Iraq amid rising tensions in West Asia. It has recalled all non-emergency diplomatic staff based in neighbouring Iraq; sent an aircraft carrier, the USS Abraham Lincoln, missile defence hardware and B-52 bombers to the Gulf; imposed fresh …

Sushma Swaraj holds talks with Iranian counterpart, decision on Iran oil import after elections
5 years, 8 months ago

Sushma Swaraj holds talks with Iranian counterpart, decision on Iran oil import after elections

India Today  

Iranian Foreign Minister Javad Zarif visited India as part of diplomatic outreach that Tehran is carrying out with all its important partners. The visit comes after New Delhi stopped Iranian oil import since this month in wake of the renewed US sanctions and lifting of waivers for select countries, including India. Sources said that New Delhi conveyed to Tehran that …

India, Iran discuss Afghanistan, regional situation
5 years, 8 months ago

India, Iran discuss Afghanistan, regional situation

Deccan Chronicle  

New Delhi: External Affairs Minister Sushma Swaraj on Tuesday told visiting Iranian Foreign Minister Javad Zarif that India would take a decision on continuing oil imports from Iran "after the elections keeping in mind our commercial considerations, energy security and economic interests", Government sources said on Tuesday. The ministry of external affairs meanwhile only issued a brief statement, saying Ms …

U.S. curbs: India to decide on Iran crude imports after polls
5 years, 8 months ago

U.S. curbs: India to decide on Iran crude imports after polls

The Hindu  

India will take a call on purchase of Iranian energy after the general election, External Affairs Minister Sushma Swaraj told her Iranian counterpart Javad Zarif in New Delhi on Tuesday. “On purchase of oil from Iran, External Affairs Minister reiterated the position that a decision will be taken after the elections keeping in mind our commercial considerations, energy security and …

US cannot ensure crude sale to India at concessional rate: Wilbur Ross
5 years, 8 months ago

US cannot ensure crude sale to India at concessional rate: Wilbur Ross

Live Mint  

The US Monday said it cannot ensure the sale of its crude oil to India at concessional rates to make up for the cheaper Iranian oil going out of the market. "Oil is owned by private people, so the government cannot force people to make concessionary price," US Commerce Secretary Wilbur Ross, who is here to participate in a trade …

Govt apprehensive Trump administration's sanctions on Iran could boost oil prices, inflation
5 years, 8 months ago

Govt apprehensive Trump administration's sanctions on Iran could boost oil prices, inflation

Firstpost  

Washington: US 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 Donald Trump administration said it would end waivers for Iran’s oil buyers. “We are apprehensive that that impact can translate into inflation, higher oil prices,” that could …

Will Iranian oil shutdown hurt India?
5 years, 8 months ago

Will Iranian oil shutdown hurt India?

Firstpost  

What happens after May 1, when the US waiver for India and other major importers of Iranian oil runs out? Unlike China, Iran’s biggest buyer of oil, and Turkey, another major customer, India has neither expressed anger nor anguish at American heavy-handedness. Why do other countries have to obey your unilateral decisions?” So, what’s with the metaphorical shrug from India, …

US ends waiver on Iran oil imports: India must now scout for cheaper oil from other sources to avoid a crisis
5 years, 8 months ago

US ends waiver on Iran oil imports: India must now scout for cheaper oil from other sources to avoid a crisis

Firstpost  

Higher oil prices would cause reworking of our economic indicators and policy. Iran is the fourth largest supplier of oil to India and hence, the removal of ‘waiver on the ban of imports’ from Tehran is a matter of concern for us. Iran has a share of around 9-10 percent in India’s oil imports and hence, it would be essential …

In an oil slick: On Iran sanctions
5 years, 8 months ago

In an oil slick: On Iran sanctions

The Hindu  

Faced with the U.S.’s intransigent demand that all countries put a full stop to oil imports from Iran or face sanctions, the Indian government has indicated it will ‘zero out’ oil imports after the May 2 deadline. The U.S. has made it clear that Indian companies that continue to import oil from Iran would face severe secondary sanctions, including being …

US to sanction five countries, including India, for importing oil from Iran, say sources; Mike Pompeo to announce non-renewal of waivers today
5 years, 8 months ago

US to sanction five countries, including India, for importing oil from Iran, say sources; Mike Pompeo to announce non-renewal of waivers today

Firstpost  

The Trump administration is poised to tell five nations, including India, that they will face US sanctions if they keeping importing oil from Iran. Washington: The Trump administration is poised to tell five nations, including allies Japan, South Korea and Turkey, that they will no longer be exempt from US sanctions if they continue to import oil from Iran, officials …

India delays May order for Iran crude oil, awaits clarity on sanctions waiver against OPEC-member
5 years, 9 months ago

India delays May order for Iran crude oil, awaits clarity on sanctions waiver against OPEC-member

Firstpost  

Brian Hook, the special US envoy for Iran, in March said Washington is pursuing its plan to bring Iranian crude exports to zero. New Delhi: Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from US sanctions against the OPEC-member, four sources said. “We don’t know about …

India wants to keep Iran oil purchases at 300,000 bpd in extended waiver: Sources
5 years, 10 months ago

India wants to keep Iran oil purchases at 300,000 bpd in extended waiver: Sources

Live Mint  

India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day, as it negotiates with Washington about extending a waiver of US sanctions past early May, two sources in India with knowledge of the matter said. Although the United States granted Iran's biggest oil customers - China, India, Japan, South Korea, Taiwan, Turkey, Italy …

India wants to keep Iran oil purchases at 300,000 bpd in extended waiver amid US pressure to cut imports to zero
5 years, 10 months ago

India wants to keep Iran oil purchases at 300,000 bpd in extended waiver amid US pressure to cut imports to zero

Firstpost  

Iran was India’s seventh biggest oil supplier in January compared with its position as third biggest a year ago before the reimpostion of sanctions. New Delhi/Washington: India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day, as it negotiates with Washington about extending a sanctions waiver past early May, two sources in India …

India, U.S. will sort out sanctions waiver: Mattis
6 years, 1 month ago

India, U.S. will sort out sanctions waiver: Mattis

The Hindu  

India and the U.S. are planning to “sort out” issues around a U.S. sanctions waiver related to India’s purchase of the S-400 Triumf missile defence system from Russia, U.S. Secretary of Defence Jim Mattis told the press at the Pentagon on Monday. Asked if he expects India to get a waiver, Mr. Mattis said, “Yeah, you know, India has spent …

How India Got US Waiver on Iran Oil, Chabahar – And Its Importance
6 years, 1 month ago

How India Got US Waiver on Iran Oil, Chabahar – And Its Importance

The Quint  

The latest tranche of US sanctions targeting Iran’s oil exports and transactions between foreign financial institutions and central bank of Iran not only could take billions out of the country’s shrinking revenue stream but also hurt the economic interests of major buyers of Iranian oil. However, Washington granted temporary waivers to nine countries including India, allowing them to buy reduced …

India appreciates US waiver regarding Iran sanctions
6 years, 2 months ago

India appreciates US waiver regarding Iran sanctions

The Quint  

New Delhi, Nov 9 India on Friday expressed its appreciation to the US for waiving it from Washington's sanctions on Iran's oil imports and development of the crucial Chabahar port. "We have seen the US notification including India in the list of countries granted significant reduction exemption for continued purchase of Iranian crude oil without attracting US sanctions," External Affairs …

Shape of sanctions: on U.S. waiver on Chabahar port
6 years, 2 months ago

Shape of sanctions: on U.S. waiver on Chabahar port

The Hindu  

The U.S. administration’s decision to grant India and seven other countries waivers on the sanctions it re-imposed on Iran provides some temporary relief to India. The waivers announced cover Indian investment in Iran’s Chabahar port and the plan to build a railway line from Chabahar to Afghanistan to facilitate trade. The waivers are welcome also as they indicate that despite …

Iran's oil and India's fragile energy security
6 years, 2 months ago

Iran's oil and India's fragile energy security

Deccan Chronicle  

India’s economic managers might have heaved a collective sigh of relief over Washington’s decision to exempt India and seven other nations from a complete ban on importing Iranian oil, but New Delhi’s hand-wringing over the entire issue illustrates the essentially fragile state of India’s energy security. Any decline in oil purchases from Iran disproportionately impacts India’s oil import bill and …

How not to choose among allies
6 years, 2 months ago

How not to choose among allies

The Hindu  

In May 2012, Hillary Clinton, then U.S. Secretary of State, visited Delhi on behalf of the Western countries negotiating the Joint Comprehensive Plan of Action, or the nuclear deal, with Iran, to convince India to cut its oil imports from Iran. To begin with, there is the shock that sanctions would deal to the oil import bill, given that Iran …

Iran oil: India likely to be exempted from U.S. sanctions
6 years, 2 months ago

Iran oil: India likely to be exempted from U.S. sanctions

The Hindu  

Eight countries will be given exemptions and “weeks longer to wind down” their trade with Iran, once U.S. sanctions against Iran kick in on November 5. EU not on list Mr. Pompeo said the list of eight “jurisdictions” will be released on Monday, two of which have already reached zero levels of Iranian oil imports. In terms of entities granted …

Will continue to engage with US and other stakeholders to ensure energy security is not compromised: MEA on Trump administration's sanctions against Iran
6 years, 2 months ago

Will continue to engage with US and other stakeholders to ensure energy security is not compromised: MEA on Trump administration's sanctions against Iran

India TV News  

India on Thursday said that it was engaged with US, Iran and other stakeholders amid rising concerns over Trump administration's decision to impose sanctions on import of Iranian oil. We continue to engage with the US and other stakeholders to ensure that our energy security is not compromised," Kumar said during a media briefing in New Delhi. The MEA's presser …

USA considering waiver for India from sanctions over oil imports from Iran
6 years, 2 months ago

USA considering waiver for India from sanctions over oil imports from Iran

Op India  

Amidst talks of the United States reimposing sanctions on countries that import oil from Iran, reports have claimed that it might grant India a waiver. According to reports, the USA has broadly agreed to slack its norms for India which would allow Indian companies to import as much as 2.5 million tonnes of oil per month from the middle eastern …

India defies US sanctions, will continue to import Iranian oil
6 years, 3 months ago

India defies US sanctions, will continue to import Iranian oil

Op India  

According to a report published by the Economic Times, India is all set to continue importing oil from Iran despite the looming threat of US sanctions kicking in from November 4. State refiners Indian Oil Corp will import 6 million barrel and Mangalore Refinery and Petrochemicals will import 3 million barrels from the Persian state in November while India is …

US going extra length for countries like India to find substitute for Iranian oil: White House
6 years, 3 months ago

US going extra length for countries like India to find substitute for Iranian oil: White House

India TV News  

The White House on Thursday said the United States was going an "extra length" to find substitute for Iranian oil for countries like India, reiterating its warning to all purchaser of Iranian oil to bring it down to zero by November 4 or face imminent sanctions from the US. During an interaction with reporters at a White House news conference, …

India committed to buying Iranian oil despite US sanctions: Iran
6 years, 3 months ago

India committed to buying Iranian oil despite US sanctions: Iran

India TV News  

Iran’s oil sales to India will continue despite the US threats of sanction pressures against Iran and its economic partner, the Iranian Foreign Minister said. On the sidelines of the United Nation General Assembly, Mohammad Javad Zarif said India is committed to buying Iranian oil and continuing the bilateral economic cooperation. "Our Indian friends have always been categorical in terms …

Sushma Swaraj meets her Iranian counterpart, discusses US sanctions at UN General Assembly
6 years, 3 months ago

Sushma Swaraj meets her Iranian counterpart, discusses US sanctions at UN General Assembly

India TV News  

External Affairs Minister Sushma Swaraj held talks with her Iranian counterpart Javad Zarif and discussed bilateral issues, including the US' sanctions against the major crude exporter which are set to be implemented in November. During the meeting held on the sidelines of the 73rd UN General Assembly session on Wednesday the two sides also discussed the status of Iran nuclear …

Keeping friends close
6 years, 5 months ago

Keeping friends close

The Hindu  

In a recent interview, former Vice-President Hamid Ansari said, “Our relationship with Iran has been built carefully by all past governments as Iran for us is not just an energy supplier… For us, Iran is a land power on the other side of Pakistan that provides us with an alternative route to Afghanistan.” Mr. Ansari, veteran diplomat and Ambassador to …

India, US hold talks on proposed American sanctions against Iran
6 years, 5 months ago

India, US hold talks on proposed American sanctions against Iran

Live Mint  

New Delhi: India and the US on Tuesday agreed to continue consultations on the proposed American sanctions on Iran, a day after Iranian deputy foreign minister Abbas Araghchi visited New Delhi for discussions on pressing ahead with energy and connectivity cooperation. Ahead of the talks, one of the people cited above said India could convey to the US that it …

India & Iran Need to Recalibrate Ties Amid US Oil Sanctions
6 years, 5 months ago

India & Iran Need to Recalibrate Ties Amid US Oil Sanctions

The Quint  

Pakistan, for long, has refused to provide land access to India. New Delhi was also planning to make this port part of the International North South Transport Corridor, and during the joint statement, this point was highlighted. The government will take a comprehensive view.” Significantly, a senior Iranian diplomat, while speaking at a seminar in New Delhi, warned India that …

India and Iran discuss impact of US sanctions on oil trade, Delhi looks at Rupee-Rial arrangement as way to continue import
6 years, 5 months ago

India and Iran discuss impact of US sanctions on oil trade, Delhi looks at Rupee-Rial arrangement as way to continue import

Firstpost  

India and Iran on Monday deliberated ways to deal with the possible impact on oil trade between the two countries due to the US sanctions on import of Iranian petroleum products. New Delhi: India and Iran on Monday deliberated ways to deal with the possible impact on oil trade between the two countries due to the US sanctions on import …

Amid tensions over Iran sanctions, Indian envoy to US hopes for resolution, says New Delhi and Washington have 'been down this road'
6 years, 6 months ago

Amid tensions over Iran sanctions, Indian envoy to US hopes for resolution, says New Delhi and Washington have 'been down this road'

Firstpost  

Referring to a series of recent topics, including the Iranian sanctions under which India is required to stop its import of oil from Iran by 4 November, Navtej Singh Sarna said none of these were issues over which one can lose sleep. Washington: The Indian Ambassador to the US has exuded confidence that the two major issues of Iranian and …

Day after diplomat's warning, Iran assures India over oil supply
6 years, 6 months ago

Day after diplomat's warning, Iran assures India over oil supply

India TV News  

Iran has said it will do its best to ensure security of oil supply to India while adding that it hopes New Delhi too will keep in mind its friendly relations with Tehran while balancing its own geopolitical interests. The clarification by Iranian Embassy came a day after Iran's Deputy Ambassador and Charge d'Affaires Massoud Rezvanian Rahaghi cautioned New Delhi …

What is India-Iran oil trade all about?
6 years, 6 months ago

What is India-Iran oil trade all about?

The Hindu  

Iran has always been one of India’s main suppliers of oil, second only to Iraq and Saudi Arabia, with exports that totalled more than 27 million tonnes last year. For India, which has been told along with other buyers to take oil imports to “zero” by the cut-off date of November 4, its decisions on procuring Iran oil this point …

US says prepared to work with nations that are reducing oil imports from Iran
6 years, 6 months ago

US says prepared to work with nations that are reducing oil imports from Iran

India TV News  

The United States is prepared to work with nations that are reducing their oil imports from Iran on a "case-by-case basis", said a senior official from Trump administration. US will however not grant waivers to countries like India and Turkey as it could substantially reduce pressure on sanctions-hit Tehran, he added. Director of Policy Planning at the State Department Brian …

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