Ahead of the new wave of anti-Iranian sanctions, bound to come in force in November and impact the Islamic Republic’s oil exports, the Israeli outlet Maco has reported about an alleged secret agreement between Moscow
Tehran has found new partners ready to buy Iranian crude oil in spite of the impending reinstatement of US energy sanctions next month, Vice-President Eshaq Jahangiri said, according to the IRIB broadcaster.
Russia is ready to consider cooperation with India in a number of energy projects, including Far East LNG and Arctic LNG 2, as well as projects on natural resources development in Russia’s Siberia, Yamal and continental shelf, Russian President Putin said on Friday.
Russian Railways and India plan to create a joint rail freight operator for boosting traffic of goods from India to Europe through Russia, the Russian company’s First Deputy CEO, Alexander Misharin, said on Friday.
India will make a strong pitch in favor of its relations with Iran during the first Indo-US 2+2 dialogue beginning Thursday, a government source said.
The price of Brent crude oil has exceeded $75 per barrel for the first time since July 31, market data showed on Friday. As of 3:17 a.m. GMT, the Brent blend futures based on the light North Sea crude oil rose by 0.41 percent to trade at $75.04 per barrel.
The United States is ramping up pressure on its allies in the world urging them to roll up their business ties with Iran and bring to naught their oil imports from the Islamic Republic.
The Narendra Modi-led government has announced that domestic private firms will be given a major share in all upcoming nuclear power plant projects in the country, thereby increasing the share of nationally made content in the nuclear reactors.
US Secretary of State Mike Pompeo has warned that Washington will enforce sanctions on Iran, adding that the restrictions on Tehran are aimed at pushing back against the country’s allegedly malign activity.
Speaking to Indian TV, the German minister of state for international affairs, Neils Annen, voiced hope that India would continue to purchase Iranian oil in the face of the US’s looming sanctions against Tehran.