Page-2 of Sanctions against Iran Current Affairs, GK & News

US Sanctions on Banks engaged in Iranian oil transactions

United States announced new sanctions against foreign banks that assist Iran sell its oil. The fresh sanctions will target anyone buying Iranian petrochemicals or facilitating payments to Iran, including an Iraqi or Chinese Bank. This has been done to further increase the pressure on Iran. After the move, China, a huge importer of Iranian oil, ..

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India imposes ban on US-sanctioned Iranian ships

India has banned entry of US-sanctioned Iranian ships into its water. The move will adversely impact crude oil imports from the country’s 4th largest crude oil exporter. Background: In July 2012, after EU imposed sanctions against Iran, India had permitted state oil refiners including Mangalore Refinery and Petrochemicals Ltd (MRPL) to import oil from Iran ..

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Fresh sanctions imposed on Iran

The US imposed fresh sanctions against Iran increasing pressure on Tehran to take seriously concerns about its suspected nuclear weapons programme. The Treasury and State Department actions target more than 50 entities linked to Iran’s procurement, petroleum, and shipping networks. According to US Treasury and State Department the move is directed towards disrupting Iran’s nuclear ..

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Current Affairs: January 3, 2012

99th Indian Science Congress Kalinga Institute of Industrial Technology (KIIT), Bhubneshwar is hosting the 99th Indian Science Congress. Inauguration by Hon’ble Prime Minister of India on January 3, 2012. A total of 15,000 delegates including 20 Nobel Prize winner scientists from across the globe will be attending the five-day long Indian Science Congress. US President ..

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India-Iran: Settled to set a Mechanism for Payment of Crude Oil

India and Iran settled to set up a mechanism for payment of crude oil. The mechanism covers the payment to Indian exporters and a few other domains. In the past Iran threatened to discontinue crude oil supplies to India in case a means to pay for imports was not found swiftly. India is due to ..

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Current Affairs Notes: June 1, 2010

India’s First Smoke Free StateOn May 31, 2010, (World No Tobacco Day) Sikkim has become India’s First state to be declared as “Smoke Free State” in India. New DGP of Maharastra?D. Sivanandan takes charge as Maharashtra’s new Director General of Police (DGP), taking over from A.N. Roy, who was retired. New Chairman of Railway Board:Vivek ..

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