Hashed military force says ‘US strike’ killed top Iran, Iraq commanders in Baghdad
NEW DELHI: A US strike killed top Iranian commander Qasem Soleimani and the deputy head of Iraq’s Hashed al-Shaabi military force at Baghdad’s airport early Friday, the Hashed announced. “The deputy head of the Hashed, Abu Mahdi al-Muhandis, and head of the Quds Force, Qasem Soleimani, were killed in a US strike that targeted their […]
Four Muslim nations consider gold, barter trade to beat future sanctions
By Liz Lee KUALA LUMPUR: Iran, Malaysia, Turkey and Qatar are considering trading among themselves in gold and through a barter system as a hedge against any future economic sanctions on them, Malaysian Prime Minister Mahathir Mohamad said on Saturday. At the end of an Islamic summit in Malaysia, Mahathir praised Iran and Qatar for […]
New oil field found with over 50 billion barrels, says Iran president Hassan Rouhani
TEHRAN: Iran has discovered a new oil field in the country’s south with an estimated 50 billion barrels of crude oil, its president said Sunday, a find that could boost the country’s proven reserves by a third as it struggles to sell energy abroad over US sanctions. The announcement by Hassan Rouhani comes as Iran […]
Saudi Crown Prince warns of “unimaginably high” oil prices
WASHINGTON: Saudi Arabia’s crown prince warned in an interview broadcast on Sunday that oil prices could spike to “unimaginably high numbers” if the world does not come together to deter Iran, but said he would prefer a political solution to a military one. Speaking to the CBS program “60 Minutes,” Mohammed bin Salman, the kingdom’s […]
Imran Khan says Donald Trump asked him to mediate with Iran
UNITED NATIONS: Pakistani Prime Minister Imran Khan said on Tuesday Donald Trump had asked him to mediate with Iran to defuse tensions, though the US president later suggested it was Khan who approached him and nothing was final. Khan met Trump and Iranian President Hassan Rouhani on the sidelines of this week’s United Nations General […]
18 Indians among 23 aboard British-flagged oil tanker seized by Iran
NEW DELHI: Eighteen Indian nationals are among the 23 crew members of a British-flagged oil tanker seized by Iran in the Strait of Hormuz amid fresh escalation of tensions in the Gulf, according to a media report. The Stena Impero was seized on Friday by the Iranian Revolutionary Guard. Iran’s seizure of a British-flagged oil […]
Iran says its seizure of British ship a ‘reciprocal’ move
TEHRAN: A powerful council in Iran said on Saturday the country’s seizure of a British oil tanker in the strategic Strait of Hormuz was in response to Britain’s role in impounding an Iranian supertanker two weeks earlier. Spokesman of Iran’s Guardian Council, Abbas Ali Kadkhodaei, was quoted in the semi-official Fars news agency saying “the […]
IOC studying if Iran’s investment in Chennai refinery violates US sanctions
NEW DELHI: India’s top refiner Indian Oil Corp (IOC) will evaluate the implications of US sanctions if Iran was to invest in its subsidiary Chennai refinery’s Rs 35,700 crore expansion, its Chairman Sanjiv Singh said. IOC plans to pull down the 1 million tonnes per year Nagapattinam refinery of its subsidiary Chennai Petroleum Corp Ltd […]
USA exempts India from certain sanctions for development of Chabahar port in Iran
WASHINGTON: The United States of America (USA) has exempted India from the imposition of certain sanctions for the development of the strategically-located Chabahar port in Iran, along with the construction of the railway line connecting it with Afghanistan. The decision by the Trump administration, which a day earlier imposed the toughest ever sanctions on Iran […]
Donald Trump, Emmanuel Macron discuss Syria, Iran and trade
By Lalit K Jha WASHINGTON: United States of America (USA) President Donald Trump on Monday held a meeting with his French counterpart, Emmanuel Macron, during which the two leaders discussed the situation in Syria, the aggressive behaviour of Iran and promoting free trade between the US and the European Union (EU). “The two leaders discussed […]