General Soleimani headed the Islamic Revolutionary Guard Corps's Quds Force and also served as Iran's pointman on Iraq.
Secretary of State Mike Pompeo said that countries like India, if it gets the exemption, would be asked to bring down their oil imports from Iran to zero in six months' time.
The inking of the commercial contract to build and run the strategic port will help India win access to Afghanistan, Russia and Europe
Asia has opened largely in the green ahead of a raft of Chinese data due during the day.
India has agreed to separate its nuclear and military facilities, which would take time and the US has to change domestic laws to resume nuclear supplies to Indian reactors.
Rouhani's win is likely to have a huge impact on the country's relations with the West
Warning companies eyeing business deals with Iran, United States President Barack Obama has said that they can take such a move at their own peril as America and its allies would come down like a "ton of bricks" on those that violated sanctions against Tehran.
'Putin dreams about his legacy. He wants to forcibly restore the Russian empire.' 'Unfortunately, after three years of large-scale war with massive human losses, Putin will not budge from his goal because human life is the cheapest resource in the Russian State.'
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
The BSE Sensex moved up 103 points to 35,319.35, while the wider NSE Nifty finished at 10,741.70, up 23.90 points.
The oil cartel's decision to maintain the production ceiling at its 2016 level, despite the recovery of the world economy, will ensure shortfalls in supply and high oil prices in the foreseeable future, warns Ambassador D P Srivastava.
'The reprocessing issue requires a political decision, and not a technical one,' says an Indian diplomat.
In a late-night tweet in capital letters, he said Iran must 'never, ever threaten the United States again'.
The nomination of Esper, who is currently serving as the Secretary of the army and previously served as a vice president for government relations at the Raytheon Company, comes days after Patrick Shanahan withdrew his nomination from the top Pentagon position.
A step away from nuclear weapons being used in conflicts, warns Colonel Anil A Athale (retd).
'Tehran,' Foreign Minister Zarif said, 'had expected the Modi government to be "more resilient" in the face of Washington's bullying,' notes Ambassador M K Bhadrakumar.
Plenty of other factors are likely to keep a lid on prices.
US President-elect Barack Obama on Saturday said Iran's development of nuclear weapons was "unacceptable" and sought a concerted effort by the international community to address the controversial issue.
Taking advantage of a Russian offer to sell its crude oil cheap and bear the cost of insurance and transportation, India may import as much as 2 million tonnes (mt), or roughly 15 million barrels of crude, from the sanctioned nation in 2022, Business Standard has learnt. This comes after reports that Indian Oil Corporation (IOC) bought 3 million barrels of Russian Urals from trader Vitol for May delivery. This will be on cost, insurance and freight (CIF) model, where the seller incurs the costs and pays the freight, including insurance charges.
The ballistic missile launch was the first by Iran since Trump became President.
United States President Barack Obama on Thursday rebuked a reporter from a major news outlet who asked a question about American citizens languishing in Iranian jails at a time when he led a successful negotiations with Iran on the nuclear deal.
The Saudi-Pakistan nuclear weapons cooperation is meant to sound alarm bells in Washington, reminding the Obama administration that its overtures to Iran would have serious negative consequences in terms of its ties with its closest allies in the region, says Ambassador Talmiz Ahmad. Exclusive to Rediff.com
During last week's Nuclear Security Summit, President Obama asked the media to leave and then screened videos depicting plausible scenarios pertaining to nuclear terrorism.
'You know why? Because they know they can't vet them, and they don't want Hamas in their neighbourhood'
India and Iran on Monday decided to jointly combat terror, radicalism and cyber crime as the two strategic partners signed 12 agreements including a "milestone" pact on developing the key Chabahar port for which India will provide $500 million.
A host of issues like the civil nuclear cooperation, Iran and Afghanistan figured in talks between Secretary of State Hillary Clinton and Indian envoy Nirupama Rao, with both agreeing to work for consolidating the "tremendous progress" made in boosting Indo-US strategic ties.
The concessional swap windows have attracted about $25 billion, RBI deputy governor HR Khan said on Monday.
India's involvement in the port development was not strictly under the international sanctions that had been imposed on Iran.
Diplomatic sources also indicated that the Indian minister may brief the Russian leadership on the progress made in India-Pakistan composite dialogue.
Indian Ambassador to the US Harsh Vardhan Shringla said India has stopped importing oil from Iran after the United States refused to extend exemption from sanctions earlier this month.
Iran has resumed uranium enrichment, which was suspended under a deal with the European Union and critical questions remain about its atomic programme, the United Nations nuclear watchdog has said.
Turkey's state-run Halkbank can only resume processing Indian oil payments to Iran once Western sanctions are officially lifted following an interim deal in Geneva last month, a senior Halkbank official said on Wednesday
Jaishankar also met his Iranian counterpart H Amirabdollahian and held productive discussions on bilateral economic cooperation, Afghanistan and the joint comprehensive plan of action, also known as the Iran nuclear deal.
"A Biden administration will be mostly positive for India," said Rick Rossow from the Centre for Strategic and International Studies think tank. "I expect most positive areas of cooperation -- notably defence -- to be maintained," he said.
India, the world's third biggest oil consumer, meets more than 80 per cent of its oil needs through imports.
The White House has warned lawmakers that tightening sanctions on Iran could push the US on a "march to war" and derail a diplomatic push to limit Tehran's nuclear programme.
Iran is preparing for a trade and investment boom that could reshape the region after agreeing with world powers to curb its nuclear programme, paving the way for sanctions that have stifled its economy to be lifted.
'Mr Trump is too capricious to be trusted,' says Sunanda K Datta-Ray.
Tehran plans to lift exports by 500,000 barrels per day
Trump said the sanction will deny the Iranian Supreme leader access to financial instruments.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances