News for 'iranian oil'

Trump threatens to sink Iranian ships near Hormuz blockade

Trump threatens to sink Iranian ships near Hormuz blockade

Rediff.com14 Apr 2026

In a sharp escalation of regional tensions, US President Donald Trump issued a fresh warning to Tehran on Monday, asserting that the American military is prepared to sink any Iranian vessels that approach the newly established naval blockade in the Strait of Hormuz.

Iran attacked 3 ships with Indians, alleges Trump; denies peace pact

Iran attacked 3 ships with Indians, alleges Trump; denies peace pact

Rediff.com12 Jun 2026

Trump further alleged that Iran was behind the attacks on three vessels carrying Indian seafarers near the Hormuz Strait, which resulted in the deaths of three, despite the US Central Command having confirmed that the strikes were carried out by American naval forces, calling the incident "totally unacceptable."

'Hormuz is still closed': Iranian embassy mocks Trump as 'idiot'

'Hormuz is still closed': Iranian embassy mocks Trump as 'idiot'

Rediff.com19 Apr 2026

The Iranian Embassy in South Africa has launched a biting social media attack on US President Donald Trump, using a viral maritime audio clip to label him an "idiot".

US seizes Iranian ship trying to breach naval blockade near Strait of Hormuz

US seizes Iranian ship trying to breach naval blockade near Strait of Hormuz

Rediff.com20 Apr 2026

The US Navy seized an Iranian-flagged cargo ship in the Gulf of Oman, escalating tensions as ceasefire talks face uncertainty. The incident raises concerns about the fragile ceasefire and the ongoing blockade of the Strait of Hormuz.

Amid US blockade, China asks Iran to keep Hormuz Strait open

Amid US blockade, China asks Iran to keep Hormuz Strait open

Rediff.com16 Apr 2026

Chinese Foreign Minister Wang Yi has urged Iran to guarantee freedom and safe passage through the Strait of Hormuz, a critical waterway for global oil trade, amid ongoing tensions with the US.

US strikes Iranian naval vessels near Hormuz Strait

US strikes Iranian naval vessels near Hormuz Strait

Rediff.com11 Mar 2026

According to the Pentagon, the vessels were targeted as part of efforts to prevent the deployment of naval mines in the strategically vital passage through which a significant portion of global crude oil shipments transits.

You're negotiating with yourself: Iranian military mocks Trump

You're negotiating with yourself: Iranian military mocks Trump

Rediff.com25 Mar 2026

Iranian military spokesperson said that stability in the region would be ensured only by the strength of Iran's armed forces and warned that energy and oil markets would not return to previous levels unless this reality was acknowledged.

One Indian oil tanker crosses Hormuz, four others turn back

One Indian oil tanker crosses Hormuz, four others turn back

Rediff.com18 Apr 2026

One Indian oil tanker successfully crossed the Strait of Hormuz, while others turned back after Iran signalled the waterway's closure, amidst rising tensions and disruptions to global energy flows.

'Not your casino': Iran warns US over Trump's Hormuz 'takeover' threat

'Not your casino': Iran warns US over Trump's Hormuz 'takeover' threat

Rediff.com5 days ago

Ebrahim Azizi, Head of the Iranian Parliament's National Security Committee, warned the US against interfering with the Strait of Hormuz, asserting Iran's sovereignty after former President Donald Trump threatened to 'take over' the strategic waterway. Despite the heated rhetoric, Iran and the US have established a direct communication line to prevent incidents during a 60-day negotiation period.

Russia-China to Discuss West Asia Conflict and Strait of Hormuz Blockade

Russia-China to Discuss West Asia Conflict and Strait of Hormuz Blockade

Rediff.com13 Apr 2026

Russian Foreign Minister Sergei Lavrov will visit Beijing to discuss the West Asia conflict, the Strait of Hormuz blockade, and bilateral relations with Chinese leaders.

India to buy Iranian oil despite US sanctions: Pradhan

India to buy Iranian oil despite US sanctions: Pradhan

Rediff.com8 Oct 2018

"We will be guided by our national interest," he said.

'Baseless': Iran dismisses Trump's claim on attacking Indian ships

'Baseless': Iran dismisses Trump's claim on attacking Indian ships

Rediff.com13 Jun 2026

Iran has dismissed US President Donald Trump's assertion that Iran was responsible for a drone attack on Indian ships in the Strait of Hormuz as 'simply baseless'. The Iranian embassy stated that Trump's comments were an attempt to deflect attention from recent US military strikes on merchant vessels in the Gulf of Oman, which resulted in the deaths of three Indian mariners.

Iranian forces open fire in Strait of Hormuz; Indian vessels turn back

Iranian forces open fire in Strait of Hormuz; Indian vessels turn back

Rediff.com18 Apr 2026

Iran has reimposed restrictions on the Strait of Hormuz, with its forces opening fire on a passing tanker and forcing at least two Indian vessels to reverse course, escalating tensions in the region and raising concerns over energy supplies.

Trump signals winding down Iran ops as US sends more troops

Trump signals winding down Iran ops as US sends more troops

Rediff.com21 Mar 2026

In a post on Truth Social, Trump outlined key goals of the campaign, including degrading Iran's missile capabilities, dismantling its defence industrial base, eliminating naval and air power, preventing Tehran from acquiring nuclear capability, and protecting United States allies such as Israel, Saudi Arabia and the United Arab Emirates.

Crude Oil Hits Record High as US-Iran Tensions Escalate

Crude Oil Hits Record High as US-Iran Tensions Escalate

Rediff.com7 Apr 2026

Crude oil prices have surged to record highs due to escalating tensions between the US and Iran, raising concerns about supply disruptions and market volatility.

First US President to achieve real Peace: Trump hails Iran deal

First US President to achieve real Peace: Trump hails Iran deal

Rediff.com15 Jun 2026

US President Donald Trump has lauded a newly announced peace deal between the United States and Iran, predicting it will bring "peace and security" to West Asia and facilitate the reopening of the strategically vital Strait of Hormuz.

Will Trump Attack Yemen Next To Secure Oil Route?

Will Trump Attack Yemen Next To Secure Oil Route?

Rediff.com30 Mar 2026

The Americans can occupy Bab el Mandeb, claim to have 'solved' the Strait of Hormuz crisis, declare victory that President Trump so desperately needs, points out Colonel Anil A Athale, former head of the history division, ministry of defence.

US, Iran move closer to historic agreement after Swiss summit talks

US, Iran move closer to historic agreement after Swiss summit talks

Rediff.com5 days ago

The US and Iran have agreed on a roadmap aimed at reaching a final agreement within 60 days after hours-long talks at the Swiss resort of Burgenstock, mediators Qatar and Pakistan said on Monday, describing the progress as "encouraging."

Not blocking Strait of Hormuz, clarifies US

Not blocking Strait of Hormuz, clarifies US

Rediff.com16 Apr 2026

The United States has clarified that its naval blockade in West Asia targets Iranian ports and coastline, not the Strait of Hormuz, applying to all ships regardless of nationality. US officials warned Iran against threatening commercial ships and hinted at ceasefire negotiations as an alternative.

No deal with Iran to release seized oil tankers: India

No deal with Iran to release seized oil tankers: India

Rediff.com17 Mar 2026

The Ministry of External Affairs (MEA) has refuted reports suggesting a deal with Iran involving the release of seized vessels in exchange for safe passage of Indian ships through the Strait of Hormuz.

It's 60-day ceasefire, not peace deal: Israeli expert

It's 60-day ceasefire, not peace deal: Israeli expert

Rediff.com15 Jun 2026

Sagiv Steinberg, CEO of the Jerusalem Center for Security and Foreign Affairs (JCFA), described the recent US-Iran peace agreement as a temporary 60-day ceasefire, not a genuine peace deal, suggesting it's timed for the upcoming US midterm elections.

Iran: Why Trump Must Take A Leap Of Faith

Iran: Why Trump Must Take A Leap Of Faith

Rediff.com23 Apr 2026

There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.

US now begging India, world to buy Russian oil: Iran

US now begging India, world to buy Russian oil: Iran

Rediff.com14 Mar 2026

Iranian Foreign Minister Seyed Abbas Araghchi on Saturday criticised the United States over its stance on Russian oil, claiming Washington was now "begging" countries across the globe, including India, to purchase Russian crude.

Trump announces Iran peace deal, to be signed in Switzerland on Friday

Trump announces Iran peace deal, to be signed in Switzerland on Friday

Rediff.com15 Jun 2026

US President Donald Trump and Pakistan Prime Minister Shehbaz Sharif have announced a landmark peace deal between the US and Iran, which includes the crucial reopening of the strategically important Strait of Hormuz and the immediate cessation of military operations in Lebanon.

War resumes in Middle East? US-Iran trade fire, Trump says ceasefire...

War resumes in Middle East? US-Iran trade fire, Trump says ceasefire...

Rediff.com8 May 2026

US President Donald Trump maintains that the ceasefire with Iran is still in effect despite recent military engagements near the Strait of Hormuz. He also commented on a recent clash where US forces responded to Iranian attacks on US Navy destroyers.

Oil price crash as Iran reopens Strait of Hormuz, easing 'war-risk' premium

Oil price crash as Iran reopens Strait of Hormuz, easing 'war-risk' premium

Rediff.com17 Apr 2026

Global energy markets saw a significant correction as oil prices nosedived following Iran's announcement that the Strait of Hormuz has been fully reopened, dismantling the 'war-risk' premium that had gripped the market.

Saudi Arabia expels Iranian military attache, staff after blatant attacks

Saudi Arabia expels Iranian military attache, staff after blatant attacks

Rediff.com22 Mar 2026

The official statement highlighted that these "blatant Iranian attacks" have also targeted members of the Gulf Cooperation Council (GCC) and several other Arab and Islamic nations.

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Rediff.com7 Jun 2026

A source familiar with US Treasury Secretary Scott Bessent's thinking revealed on Saturday that the department "intends to utilise all available authorities to make Iranian assets accessible for rebuilding and repair efforts related to any future damage inflicted by Iran."

Oil Shock Triggers Rs 1.1 Trillion FPI Exits

Oil Shock Triggers Rs 1.1 Trillion FPI Exits

Rediff.com21 Apr 2026

'FPIs are unlikely to return unless there is equilibrium between valuation premium and earnings growth.'

'Bridges, power plants': Trump warns of strikes on Iranian infrastructure

'Bridges, power plants': Trump warns of strikes on Iranian infrastructure

Rediff.com3 Apr 2026

United States President Donald Trump warned Iran of potential strikes on its infrastructure, including bridges and electric power plants, saying the US military 'hasn't even started destroying what's left in Iran'.

After 3 deaths in ship attacks, India summons US envoy for second time

After 3 deaths in ship attacks, India summons US envoy for second time

Rediff.com12 Jun 2026

India has summoned the US charge d'affaires for the second time this week to protest American Navy strikes on three commercial vessels off the coast of Oman, which resulted in the deaths of three Indian crew members. New Delhi has demanded an end to these attacks, acknowledging that the US Navy targeted the ships, some of which were reportedly non-compliant with US sanctions.

3 missing Indian seafarers killed in US strike on ship off Oman coast

3 missing Indian seafarers killed in US strike on ship off Oman coast

Rediff.com11 Jun 2026

Union Shipping Minister Sarbananda Sonowal confirmed the deaths of three Indian seafarers who were initially reported missing from the Palau-flagged MT Settebello. India has protested to the US over the attack on the commercial vessel, which the US Central Command stated was due to the vessel attempting to transport oil from Iran, violating a blockade.

UAE intercepts 165 Iranian missiles, 541 drones; 3 killed

UAE intercepts 165 Iranian missiles, 541 drones; 3 killed

Rediff.com2 Mar 2026

The United Arab Emirates Ministry of Defence has announced that the air force and air defence forces have successfully intercepted a significant number of aerial threats following a large-scale Iranian attack that commenced on February 28.

India rejects claims of oil tanker swap with Iran for Hormuz access

India rejects claims of oil tanker swap with Iran for Hormuz access

Rediff.com17 Mar 2026

The Indian government has refuted reports suggesting a deal with Iran involving the release of seized oil tankers in exchange for safe passage of Indian vessels through the Strait of Hormuz.

Sri Lanka Completes Post-Mortem on Iranian Sailors After Frigate Sinking

Sri Lanka Completes Post-Mortem on Iranian Sailors After Frigate Sinking

Rediff.com6 Mar 2026

Sri Lanka has completed the post-mortem examination of Iranian sailors recovered from the frigate IRIS Dena, which allegedly sank after a US submarine attack. Eighty of the 84 bodies have been identified by survivors, and an opposition protest was held against military aggression against Iran.

While Security Forces Intercept Thousands Of Drones, The Psychological Toll Is Immense

While Security Forces Intercept Thousands Of Drones, The Psychological Toll Is Immense

Rediff.com9 May 2026

Occasionally, the silence of the night shift would be shattered by an ear-splitting alarm: 'ALERT, ALERT... This is a security warning.' We were drilled to move away from the windows and avoid the lifts, recalls Krishna Kumar NP, a veteran Dubai-based journalist.

Is All Well With US-Iran MoU?

Is All Well With US-Iran MoU?

Rediff.com7 days ago

Much will depend on how the protagonists use the current interlude to work proactively for the beginning of a durable settlement or, on the contrary, prepare for a new round of escalation, points out Ambassador M K Bhadrakumar.

US navy hits sanctioned tanker off Oman, all 24 Indians safe

US navy hits sanctioned tanker off Oman, all 24 Indians safe

Rediff.com9 Jun 2026

An oil tanker carrying 24 Indian seafarers reported a fire off the coast of Oman, with all crew members confirmed safe. The incident occurred amidst renewed hostilities between Israel and Iran, who exchanged attacks on petrochemical facilities.

Budget exempts Iranian oil payments from Income Tax

Budget exempts Iranian oil payments from Income Tax

Rediff.com16 Mar 2012

Clearing the way for oil refiners to pay Iran in Indian rupee, the Union Budget has exempted the payments made for crude oil purchased from the Persian Gulf nation, from any local tax.

Downed US pilot hid in mountain crevice, hiked 7,000 feet to evade Iranians for 48 hours

Downed US pilot hid in mountain crevice, hiked 7,000 feet to evade Iranians for 48 hours

Rediff.com5 Apr 2026

A US Air Force officer was rescued from deep inside Iran after his jet was shot down, following a two-day mission involving US Special Operations forces. The officer evaded Iranian forces for over 24 hours, hiding in a mountain crevice and hiking to high altitudes before being rescued.