News for 'iranian oil'

Pete said, 'Let's do it': Trump puts onus of Iran war on Pentagon chief

Pete said, 'Let's do it': Trump puts onus of Iran war on Pentagon chief

Rediff.com2 days ago

Donald Trump claims a senior defence official urged military action against Iran, revealing escalating tensions and ongoing negotiations in the Middle East.

'Just for fun': Trump warns of more strikes on Iran's Kharg Island

'Just for fun': Trump warns of more strikes on Iran's Kharg Island

Rediff.com15 Mar 2026

US President Donald Trump indicated the possibility of further military operations against Iran's Kharg Island, a key oil export hub, claiming previous strikes had significantly damaged its infrastructure.

Gulf War: Hormuz Is Becoming The Central Battlefield

Gulf War: Hormuz Is Becoming The Central Battlefield

Rediff.com3 days ago

The question is no longer whether the war will expand. It has. The next few days will tell us whether the war stabilises around Hormuz or whether the Strait itself becomes the trigger for a far larger rupture. What to watch for over the next 48 hours is simple: Any move by the US toward direct naval control of the Strait; any credible Iranian attempt to disrupt or mine shipping lanes and, critically, whether energy infrastructure in the Gulf continues to be targeted.If those lines are crossed in tandem, the war will no longer be containable within the region.

Iran hits American embassy in Riyadh, US pulls staff

Iran hits American embassy in Riyadh, US pulls staff

Rediff.com3 Mar 2026

The US Embassy acknowledged the attack in a post on X, urging Americans to avoid the facility 'until further notice' and announcing that all appointments had been cancelled.

2 more Indian-flagged LPG tankers set to cross Strait of Hormuz

2 more Indian-flagged LPG tankers set to cross Strait of Hormuz

Rediff.com3 days ago

Two more Indian-flagged LPG tankers have begun their journey from the Persian Gulf, navigating the Strait of Hormuz amidst regional conflict, following disruptions caused by recent tensions in the Middle East.

Tehran, Lebanon Hit By Israeli Bombs

Tehran, Lebanon Hit By Israeli Bombs

Rediff.com8 Mar 2026

US-Israel air attacks intensified on the seventh day of war, striking Tehran and other Iranian cities.

Modi speaks to France, Oman, Malaysia leaders amid Gulf energy hub strikes

Modi speaks to France, Oman, Malaysia leaders amid Gulf energy hub strikes

Rediff.com7 days ago

Amidst escalating tensions in West Asia, India strongly condemns the recent attacks on energy infrastructure, warning of further destabilisation to the already uncertain global energy market.

'Ready to halt war if Iran changes course': Israel envoy

'Ready to halt war if Iran changes course': Israel envoy

Rediff.com16 Mar 2026

Amid the ongoing conflict in West Asia, Israeli Ambassador to India, Reuven Azar, stated that Israel is willing to cease hostilities if Iran changes its course, emphasising that Tel Aviv has consulted diplomatic channels, including the US and regional partners.

'US Bombings Have United All Of Iran'

'US Bombings Have United All Of Iran'

Rediff.com13 Mar 2026

'The US landed in this war without planning. The US felt that if they kill Ayatollah Khamenei the people of Iran will come out on the roads and do a regime change.' 'On the contrary, the US bombings on Iran has united the entire nation.'

No permission needed to pass through Strait of Hormuz: Indian govt official

No permission needed to pass through Strait of Hormuz: Indian govt official

Rediff.com2 days ago

A senior government official confirms that Indian vessels do not require permission to navigate the Strait of Hormuz, despite regional tensions. Several Indian ships, including LPG tankers, have safely crossed the strait, ensuring continued supply of essential commodities to India.

Iran lists three conditions to end war

Iran lists three conditions to end war

Rediff.com12 Mar 2026

Iran on Thursday spelled out three conditions to end the war with Israel and the United States, which entered its thirteenth day today. Taking to X, Iran's President Masoud Pezeshkian said he reaffirmed the country's commitment to peace during talks with leaders of Russia and Pakistan.

Iran imposes 'toll' in Hormuz; India calls it baseless

Iran imposes 'toll' in Hormuz; India calls it baseless

Rediff.com14 hours ago

The report said ships must submit full documentation, obtain clearance codes and accept IRGC-escorted passage through a designated corridor.

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Rediff.com16 hours ago

We cannot simply have a 60-65 per cent import dependency in LPG, the bulk of which comes from just one volatile region -- West Asia, points out R Jagannathan.

'Iran Waiting For American Troops'

'Iran Waiting For American Troops'

Rediff.com6 Mar 2026

Iranian Foreign Minister Seyed Abbas Araghchi has warned the United States that Iran is ready to confront American troops if the US launches a ground invasion, calling such a move a potential 'big disaster' for Washington.

Trump livid as NATO allies refuse help on Hormuz Strait

Trump livid as NATO allies refuse help on Hormuz Strait

Rediff.com17 Mar 2026

President Trump asserts the US military has decimated Iran's forces and no longer requires assistance from NATO allies to secure the Strait of Hormuz, despite earlier requests for support.

Iran Has Not Allowed Any Indian Ship To Pass Through Strait Of Hormuz

Iran Has Not Allowed Any Indian Ship To Pass Through Strait Of Hormuz

Rediff.com13 Mar 2026

24 Indian-flagged vessels with 677 Indian seafarers were currently located west of the Strait of Hormuz, and four vessels with 101 Indian seafarers were stationed east of the strategic waterway.

Iran fires missiles at US-UK base 4,000 km away in Indian Ocean Region

Iran fires missiles at US-UK base 4,000 km away in Indian Ocean Region

Rediff.com5 days ago

Amid rising tensions, Iran reportedly launched ballistic missiles toward a US-UK military base, prompting concerns about regional stability and the potential for escalating conflict in the Middle East.

Gulf War: India Is In A Catch-22 Situation

Gulf War: India Is In A Catch-22 Situation

Rediff.com3 days ago

India's handling of the Iran crisis reflects a growing strain between strategic autonomy and geopolitical alignment, observes Ambassador M K Bhadrakumar.

Israel strikes 200 targets, Iran warns of retaliation

Israel strikes 200 targets, Iran warns of retaliation

Rediff.com13 Mar 2026

The Israeli Air Force (IAF) said it struck several targets in Tehran, Shiraz and Ahvaz simultaneously over the past 24 hours, targeting sites linked to Iran's ballistic missile programme, air defence systems and military headquarters.

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.

Trump seeks allies' help in Strait of Hormuz; Japan, Australia say NO

Trump seeks allies' help in Strait of Hormuz; Japan, Australia say NO

Rediff.com16 Mar 2026

Amid escalating tensions with Iran, President Trump is urging nations dependent on Middle Eastern oil to deploy warships to the Strait of Hormuz to safeguard critical global energy supplies.

Iran Rewrites Rules of War

Iran Rewrites Rules of War

Rediff.com17 Mar 2026

Iran is fighting a different war: Older, slower, and in some ways more dangerous. Iran doesn't need to shoot down an F/A-18. It only needs to make the Strait of Hormuz feel dangerous long enough for insurance markets, shipping companies, and oil futures traders to do the rest. Prem Panicker continues his must-read daily blog on the war in the Middle East.

Iran's new Supreme Leader injured in airstrikes?

Iran's new Supreme Leader injured in airstrikes?

Rediff.com11 Mar 2026

Yousef Pezeshkian, the son of the Iranian President, has confirmed that Iran's Supreme Leader Mojtaba Khamenei is 'safe and sound'. This comes after certain reports claimed that he had been injured during the ongoing strikes by the United States and Israel, according to Al Jazeera.

Gulf allies livid as US 'gave no notice' of Iran strike

Gulf allies livid as US 'gave no notice' of Iran strike

Rediff.com6 Mar 2026

The United States is facing growing discontent from its Gulf allies after several countries in the region complained that they were not given advance notice of the US-Israel strike on Iran that triggered widespread retaliatory attacks, according to media reports.

US allows India, China, 6 others to buy Iranian oil

US allows India, China, 6 others to buy Iranian oil

Rediff.com5 Nov 2018

Italy, Greece, South Korea, Taiwan and Turkey also figure in the list released by Pompeo, who said over 20 countries have cut their oil imports from Iran, reducing purchases by more than one million barrels per day.

Iran claims 'complete control' of Strait of Hormuz

Iran claims 'complete control' of Strait of Hormuz

Rediff.com4 Mar 2026

Iran's Islamic Revolutionary Guard Corps (IRGC) claims control of the Strait of Hormuz and reports striking a US destroyer, escalating tensions in the Middle East following retaliatory strikes between Iran, the US, and Israel.

Iran reassures neighbours, rejects US call for 'surrender'

Iran reassures neighbours, rejects US call for 'surrender'

Rediff.com8 Mar 2026

Iranian President Masoud Pezeshkian maintained a stance of defensive necessity, noting that Tehran is "forced to retaliate to attacks" but clarified that this does not imply a dispute with neighbouring countries

We are not a dalal nation: Jaishankar at all-party meet

We are not a dalal nation: Jaishankar at all-party meet

Rediff.com14 hours ago

The Indian government addressed opposition concerns regarding the West Asia crisis in an all-party meeting, outlining its strategy for ensuring the security of the Indian diaspora, fulfilling energy needs, and maintaining diplomatic relations with key partners. The government also dismissed Pakistan's reported mediation efforts.

CIA station in Saudi Arabia hit in drone attack

CIA station in Saudi Arabia hit in drone attack

Rediff.com4 Mar 2026

The US embassy in Saudi Arabia and the US consulate in Dubai were reportedly targeted by suspected Iranian drone attacks amid heightened tensions in the Middle East following US and Israeli strikes on Iran.

Trump, Putin discuss Iran crisis as Hormuz disruption jolts global energy

Trump, Putin discuss Iran crisis as Hormuz disruption jolts global energy

Rediff.com10 Mar 2026

US President Donald Trump and Russian President Vladimir Putin discussed the Iran conflict and its impact on global energy supplies during a phone call.

This War May End US Military Presence In Middle East

This War May End US Military Presence In Middle East

Rediff.com9 Mar 2026

'The entire US ecosystem built over decades at the bases in the Gulf region, especially the UAE, costing trillions of dollars have been decimated, dealing a mortal blow to the US Central Command's war capability,' points out Ambassador M K Bhadrakumar.

Why Regime Change Hasn't Happened In Iran

Why Regime Change Hasn't Happened In Iran

Rediff.com10 Mar 2026

'Without ground troops the US will not be able to oust the Iranian Islamic regime. Political change does not happen just by using bombs or planes.'

War Exposes Cracks in US-Israel Alliance

War Exposes Cracks in US-Israel Alliance

Rediff.com6 days ago

Alliances fight wars effectively only when they share an endgame. If Israel acted without US knowledge, then the military alliance is operating without real coordination at the level of strategic targeting. Neither picture is reassuring in a war that is no longer regional in its consequences. Prem Panicker continues his must read daily blog on the Gulf War.

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.

New truncated gas allocation regime still faces a large LNG shortfall

New truncated gas allocation regime still faces a large LNG shortfall

Rediff.com6 days ago

India's plans to ration the consumption of liquefied natural gas (LNG) and liquefied petroleum gas (LPG) - in response to reduction in their import owing to war in West Asia - may fall short of what is needed to meet domestic needs.

US missile strike targets school, homes in Iran: Report

US missile strike targets school, homes in Iran: Report

Rediff.com10 Mar 2026

A United States missile strike has reportedly hit an educational facility in Khomeyn in central Iran, according to a report by Al Jazeera citing Iran's Mehr news agency. The site was identified as the Dr Hafez Khomeyni School.

Allies in India have been good actors: White House

Allies in India have been good actors: White House

Rediff.com11 Mar 2026

The US has temporarily permitted India to accept Russian oil already on ships to ensure energy supplies amid the conflict with Iran. This short-term measure is not expected to significantly benefit Russia financially.

Indian warships on standby near Persian Gulf to assist merchant vessels

Indian warships on standby near Persian Gulf to assist merchant vessels

Rediff.com15 Mar 2026

According to sources, the Indian Navy warships are on standby to provide assistance or help required by merchant vessels.

US 7th fleet's USS Tripoli strike group heads to West Asia as tensions soar

US 7th fleet's USS Tripoli strike group heads to West Asia as tensions soar

Rediff.com14 Mar 2026

According to the report, the Pentagon is deploying the USS Tripoli ARG, along with the 31st Marine Expeditionary Unit (MEU), part of its own strike group.

Is Iran nearing Chinese missile deal as conflict escalates?

Is Iran nearing Chinese missile deal as conflict escalates?

Rediff.com2 Mar 2026

China has denied reports of finalising a deal with Iran to sell CM-302 supersonic anti-ship missiles, amidst rising tensions in the Middle East and joint US-Israeli airstrikes.