India: Import of Crude from Iran and Chabahar Port Development

The sanctions waiver from the US has curtailed the Indian crude imports from Iran. But the fact that Iran was an important supplier of crude to India cannot be sidelined because: Iran is India’s third-largest oil supplier behind Iraq and ..

Next Government to decide on Oil Imports from Iran

India has told Iran that the next government would take a call on oil imports from Iran after weighing factors including ‘commercial consideration, energy security and economic interests. US Sanctions and Iran President Trump had unilaterally walked out of the ..

China to host Conference on Dialogue of Asian Civilizations

China will be hosting a Conference on Dialogue of Asian Civilizations in Beijing, starting from 15 May to 22 May 2019. During the event an opening ceremony will be held by Chinese President Xi Jinping and six parallel sub forums ..

Month: Current Affairs - May, 2019

Iran announces Partial Withdrawal from JCPOA

Iran announced it will pull out of some commitments under 2015 international nuclear agreement signed with world powers, called Joint Comprehensive Plan Of Action (JCPOA). About Iran’s Partial Withdrawal In a move of partial withdrawal from JCPOA Iran will pull ..

Month: Current Affairs - May, 2019

Iran to continue enriching Uranium despite US move

Iran announced it will continue with its low-level uranium enrichment in line with its nuclear deal with world powers. This move comes when on 3 May 2019, US forced Iran to stop producing low-enriched uranium and halt expanding its only ..

Month: Current Affairs - May, 2019

Iraq remains India’s top supplier of Crude Oil in 2019

According to data released by Directorate General of Commercial Intelligence and Statistics (DGCI&S), Iraq remains India’s top crude oil supplier for second year in a row. Key Highlights of India’s Oil import Data India is world’s third largest importer of ..

Month: Current Affairs - May, 2019