U.S. imposes ‘toughest ever’ sanctions on Iran

U.S. imposes ‘toughest ever’ sanctions on Iran News: US has granted temporary waivers for Iran oil imports to eight countries including India owing to the significant reductions in their oil imports from Iran. Important Facts:     India, China, Greece, Italy, Turkey, South Korea, Taiwan and Turkey  are the eight major importers of Iranian oil who… Continue reading U.S. imposes ‘toughest ever’ sanctions on Iran

Iran oil: India likely to be exempted from U.S. sanctions

Iran oil: India likely to be exempted from U.S. sanctions News: India is likely to be one of eight countries which can temporarily import oil from Iran post sanctions from US beginning on November 5. Important Facts: Relaxation from US sanctions come aftermath these countries (including India) have made “significant reductions” in oil imports from… Continue reading Iran oil: India likely to be exempted from U.S. sanctions