News for 'iranian oil'

Talking with 'a top person' in Iran, not new supreme leader: Trump

Talking with 'a top person' in Iran, not new supreme leader: Trump

Rediff.com23 Mar 2026

The US President clarified that these negotiations do not involve the new Supreme Leader, Mojtaba Khamenei.

'Dangerous and irresponsible move': China slams US blockade of Hormuz

'Dangerous and irresponsible move': China slams US blockade of Hormuz

Rediff.com14 Apr 2026

China has criticised the US blockade of the Strait of Hormuz, calling it a dangerous and irresponsible move, and urged Washington and Tehran to honour the ceasefire. Beijing also denied aiding Iran militarily and threatened countermeasures if the US imposes tariffs.

Drones fired at warship, US troops retreat, claims Iran

Drones fired at warship, US troops retreat, claims Iran

Rediff.com20 Apr 2026

Tensions escalate between Iran and the US following an attack on an Iranian commercial vessel in the Sea of Oman, with both sides trading accusations over maritime security and ceasefire violations.

US-Iran agreement nears finalisation: Report

US-Iran agreement nears finalisation: Report

Rediff.com21 May 2026

The United States and Iran could be set to announce an agreement soon to achieve a complete solution to the hostilities in West Asia, as reported by Saudi state media Al Arabiya on Wednesday, citing sources familiar with the ongoing negotiations.

India gets 30-day US waiver to buy Russian oil amid Iran war

India gets 30-day US waiver to buy Russian oil amid Iran war

Rediff.com6 Mar 2026

Amidst escalating tensions with Iran, the US has granted India a temporary 30-day waiver to continue purchasing Russian oil, aiming to stabilise global energy markets and encourage future US oil imports by India.

'US Iran strategy may backfire, trigger oil shock and hit India hard'

'US Iran strategy may backfire, trigger oil shock and hit India hard'

Rediff.com2 Apr 2026

Srivastava warned that continued bombing of Iran by the US and Israel could severely undermine any prospects of reopening critical maritime routes through negotiation with Tehran.

'Iran ready for ceasefire talks but....', says Trump as oil prices surge

'Iran ready for ceasefire talks but....', says Trump as oil prices surge

Rediff.com15 Mar 2026

Trump said he is unwilling to make a deal with Tehran at this stage despite indications the country wants negotiations.

US 'grants' India-like waiver to all countries to buy Russian oil

US 'grants' India-like waiver to all countries to buy Russian oil

Rediff.com13 Mar 2026

The Trump administration has announced a temporary authorisation for countries to purchase Russian oil stranded at sea, aiming to stabilise global energy markets amid rising oil prices and tensions with Iran.

'7 claims, 7 lies': Iran slams Trump, threatens to close Hormuz

'7 claims, 7 lies': Iran slams Trump, threatens to close Hormuz

Rediff.com18 Apr 2026

Iran has asserted that maritime movement through the Strait of Hormuz will be strictly controlled by Tehran, stating that passage will be allowed only through designated routes and under Iranian approval.

Cut down Iranian oil purchases: Hillary to India

Cut down Iranian oil purchases: Hillary to India

Rediff.com7 May 2012

US Secretary of State Hillary Clinton on Monday urged India to do "even more" to cut its purchases of oil from sanctions-hit Iran to keep pressure on that country to o prove its nuclear programme is peaceful.

Nayara Energy Increases Petrol and Diesel Prices Amidst Global Oil Surge

Nayara Energy Increases Petrol and Diesel Prices Amidst Global Oil Surge

Rediff.com26 Mar 2026

Nayara Energy, a private fuel retailer in India, has increased petrol and diesel prices following a surge in global oil prices due to Middle East tensions. This move contrasts with state-owned retailers who continue to freeze prices.

Saudi Arabia intercepts drone targeting oil-rich eastern region

Saudi Arabia intercepts drone targeting oil-rich eastern region

Rediff.com22 Mar 2026

The targeted eastern area is of immense strategic importance, as it is where the "majority of the country's oil resources are located."

Reopen Hormuz route quickly, stick to no-nuclear pledge: China to Iran

Reopen Hormuz route quickly, stick to no-nuclear pledge: China to Iran

Rediff.com6 May 2026

China has called on Iran to reopen the Strait of Hormuz and expressed appreciation for Tehran's commitment not to develop nuclear weapons, a key demand of the US to end the conflict.

19 India-bound oil, gas ships stranded in Hormuz raising supply concerns

19 India-bound oil, gas ships stranded in Hormuz raising supply concerns

Rediff.com31 Mar 2026

The escalating conflict in West Asia has resulted in 19 ships carrying essential energy resources for India being stranded in the Strait of Hormuz, raising concerns about potential disruptions to the country's energy supply.

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Rediff.com13 May 2026

Iranian Deputy Foreign Minister Kazem Gharibabadi has urged India to take the lead in bringing peace to West Asia, highlighting the UAE's role in stalling BRICS consensus on the conflict. Gharibabadi also discussed a new framework with Oman for merchant vessels passing through the Strait of Hormuz.

India launches emergency mission to pull 13 ships out of Hormuz

India launches emergency mission to pull 13 ships out of Hormuz

Rediff.com6 days ago

India on Friday launched a highly coordinated, priority operation to safely guide 13 Indian-flagged commercial vessels out of the volatile Strait of Hormuz, the ministry of ports, shipping, and waterways announced on Friday.

Stop mlitaryops in West Asia at once, says China

Stop mlitaryops in West Asia at once, says China

Rediff.com16 Mar 2026

Amid rising tensions in West Asia, China is urging all parties to cease military operations, following Trump's appeal for help in securing the Strait of Hormuz.

'Indians have been good actors': Trump aide on Russian oil waiver

'Indians have been good actors': Trump aide on Russian oil waiver

Rediff.com7 Mar 2026

The US has granted India permission to buy Russian oil already in transit to ease global supply pressures amidst the West Asia conflict. This decision comes after India agreed to halt sanctioned Russian oil purchases and substitute them with US oil.

2 ships hit by gunfire in Strait of Hormuz, crews safe

2 ships hit by gunfire in Strait of Hormuz, crews safe

Rediff.com22 Apr 2026

Tensions escalate as Iranian forces attack a container ship in the Strait of Hormuz after Trump announced the ceasefire extension.

Iran's offer 'piece of garbage', truce on 'massive life support': Trump

Iran's offer 'piece of garbage', truce on 'massive life support': Trump

Rediff.com12 May 2026

Donald Trump has dismissed the ceasefire with Iran as being on 'massive life support', signalling continued tensions between the US and Iran amid ongoing negotiations.

Iran shuts Strait of Hormuz again citing US violations

Iran shuts Strait of Hormuz again citing US violations

Rediff.com18 Apr 2026

Iran has announced the reinstatement of strict military control over the Strait of Hormuz, citing US violations of previous agreements regarding maritime passage. This decision follows claims of continued American blockade of Iranian ports and a statement from former US President Trump regarding the persistence of the naval blockade until a comprehensive peace agreement is reached.

Jaishankar speaks to Russia, EU on West Asia crisis amid oil concerns

Jaishankar speaks to Russia, EU on West Asia crisis amid oil concerns

Rediff.com11 Mar 2026

External Affairs Minister S Jaishankar discussed the West Asia conflict and its impact on energy supplies with his Russian counterpart Sergey Lavrov and EU's Foreign Policy chief Kaja Kallas.

'Worried' US pushed Pak to convince Iran for ceasefire: Report

'Worried' US pushed Pak to convince Iran for ceasefire: Report

Rediff.com9 Apr 2026

A Financial Times report reveals Pakistan's crucial role in brokering a temporary ceasefire between the US and Iran, driven by White House concerns over rising oil prices and Iran's resilience.

Trump-Xi Rapprochement: Time For India To Be Cautious

Trump-Xi Rapprochement: Time For India To Be Cautious

Rediff.com21 May 2026

India would confront a more entrenched China, a less dependable United States, and a regional order increasingly shaped by great-power bargaining over which it exercises limited influence, notes Amberish K Diwanji.

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Mishandling Taiwan issue could spark China-US clash, Xi Jinping warns Trump

Rediff.com14 May 2026

Chinese President Xi Jinping warned US President Donald Trump that mishandling the Taiwan issue could trigger conflicts between the two countries during wide-ranging talks on trade, Iran, and energy security.

Trump rejects Iran's offer, says blockade to remain until.....

Trump rejects Iran's offer, says blockade to remain until.....

Rediff.com30 Apr 2026

US President Donald Trump in an exclusive interview to Axios on Wednesday, said that he would continue to keep the naval blockade until Iran agrees to deal with the United States by addressing America's concerns about the nuclear programme.

Petrol, diesel prices likely to rise soon: Govt sources

Petrol, diesel prices likely to rise soon: Govt sources

Rediff.com1 May 2026

Government sources indicate a potential increase in petrol and diesel prices due to rising global crude oil costs and losses incurred from a prolonged freeze on retail rates.

US urged India to buy Russian oil: Trump's Energy Secretary

US urged India to buy Russian oil: Trump's Energy Secretary

Rediff.com9 Mar 2026

The United States has encouraged India to purchase Russian oil already at sea to mitigate supply shortages and price increases amid the West Asia conflict, according to Energy Secretary Chris Wright. This move is described as a short-term effort to stabilise the market without altering Washington's policy towards Russia.

Rupee plunges 52 paise to 93.35 against dollar amid West Asia uncertainties

Rupee plunges 52 paise to 93.35 against dollar amid West Asia uncertainties

Rediff.com13 Apr 2026

The Indian rupee depreciated by 52 paise to settle at 93.35 against the US dollar, driven by failed US-Iran peace talks, surging crude oil prices due to a potential US blockade of Iranian ports, and a global flight to the greenback. This geopolitical uncertainty is also leading to foreign capital withdrawal from domestic equities.

Iran imposes strict navigation rules in Strait of Hormuz

Iran imposes strict navigation rules in Strait of Hormuz

Rediff.com18 Apr 2026

Amid ongoing tensions with the US, Iran's IRGC Navy has issued new directives restricting maritime movement through the Strait of Hormuz, allowing only civilian vessels on Iranian-designated routes and barring all military ships.

Trump signals Iran talks within 36-72 hours, extends ceasefire

Trump signals Iran talks within 36-72 hours, extends ceasefire

Rediff.com22 Apr 2026

US President Donald Trump has indefinitely extended the ceasefire with Iran at the request of Pakistan, aiming to allow Tehran's leadership time to form a unified proposal to end the seven-week war.

Iran in a 'state of collapse', Tehran wants us to open Hormuz: Trump

Iran in a 'state of collapse', Tehran wants us to open Hormuz: Trump

Rediff.com28 Apr 2026

US President Donald Trump on Tuesday claimed that Iran is in a "state of collapse" and has requested the United States to help "open" the Strait of Hormuz.

US, India working at reducing dependence on Iranian oil

US, India working at reducing dependence on Iranian oil

Rediff.com10 Feb 2012

The US is working with countries, including India to reduce their dependence on Iranian oil, a top official has said, noting it understands the energy needs of New Delhi and its long-standing ties with Tehran.

Stock Markets Today: Sensex, Nifty50 Tumble as Brent Crude Breaches $100

Stock Markets Today: Sensex, Nifty50 Tumble as Brent Crude Breaches $100

Rediff.com23 Apr 2026

Indian equities on Dalal Street saw volatility as global market trends and oil price hike impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Apr 23, 2026.

38 ships turned back as US tightens Iran blockade; Tehran rushes to Moscow

38 ships turned back as US tightens Iran blockade; Tehran rushes to Moscow

Rediff.com27 Apr 2026

The United States Central Command (CENTCOM) has announced that American forces are maintaining a strict maritime restrictive operation in the region, continuing to enforce a blockade against Iranian ports.

In UAE, Modi offers help to end West Asia crisis

In UAE, Modi offers help to end West Asia crisis

Rediff.com15 May 2026

Prime Minister Narendra Modi has offered India's support to bring peace to West Asia during talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan. Both countries signed agreements to strengthen strategic collaborations in energy and defence.

Iran mines key oil island as US prepares to send troops

Iran mines key oil island as US prepares to send troops

Rediff.com26 Mar 2026

Iran has placed anti-personnel and anti-armour mines around the island, where US troops could potentially stage an amphibious landing.

Iran ready to reveal 'new cards on battlefield' amid Trump's threats

Iran ready to reveal 'new cards on battlefield' amid Trump's threats

Rediff.com21 Apr 2026

This sharp Iranian response came after a series of uncompromising remarks from the US president.

Uncertainty Clouds US-Iran Talks As Ceasefire Nears End

Uncertainty Clouds US-Iran Talks As Ceasefire Nears End

Rediff.com21 Apr 2026

Uncertainty surrounds the US-Iran talks as a two-week ceasefire approaches its end. Pakistan is attempting to mediate, but tensions remain high after a recent naval incident.

India reduced import of Iranian oil in the last 4 years

India reduced import of Iranian oil in the last 4 years

Rediff.com8 May 2012

In the last four years, India has significantly reduced its import of Iranian oil by volume from 16 per cent in 2008 to 10 per cent now, a US Congressional report has said.