The degree to which India and the Indian firms will cooperate with the Trump administration’s reimposed sanctions on Iran is not certain, a Congressional report has said, asserting that New Delhi does not agree with the US that the Tehran has violated the nuclear deal.
Serica Energy is still awaiting clarity on the impact of the renewal of U.S. sanctions on fields in the North Sea half-owned by a UK subsidiary of the National Iranian Oil Company and has put off the recompletion of one well as it waits for the result of U.S. approval applications, it said on Tuesday.
Iranian Foreign Minister Javad Zarif has condemned the US for promising to impose the “strongest sanctions in history” on his country.
Scientists have developed a novel self-assembling battery device that can be recharged within seconds and could power mobile devices of the future.
The US trade war with China is “on hold” after the world`s largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday.
The US decision to reimpose sanctions on Iran could scare off European investors but oil-thirsty China may step into the void and ramp up business links with the country.
India’s oil imports from Iran surged to 640,000 barrels per day (bpd) in April, its highest level since October 2016, according to data from shipping and industry sources, as refiners raised purchases ahead of looming U.S. sanctions against Tehran.
An Indo-Pacific trilateral infrastructure forum has been launched here to find new, creative and efficient ways of leveraging the power of the private sector in India, the US and Japan to fill the massive gap in infrastructure and connectivity in the region.
Enron Corp. is long gone, but the scandal it left behind in India has beguiled the country’s lenders for almost two decades.
South Korea said on Monday that it has taken a dispute to the World Trade Organization (WTO) against the United States for imposing tariffs on washing machines and solar panels as the measure was deemed to be in violation of the WTO agreement.