China appears to be becoming a major importer of Iranian oil, as Iran’s production levels look set to soar thanks to better relations with Biden’s U.S.
Iran and India inalized talks on ratification of preferential tariffs on specific equipment needed for implementation of Iranian Chabahar Port project.
The Managing Director of Iran Airports Company says that due to the ongoing India-Pakistan tensions, the number of flights passing the Iranian sky has recently increased by 100 ones per day.
Iranian crude in the global market is extremely important for sustaining a balance in oil trade, says Sanjiv Singh, chairman of Indian Oil Corporation Ltd. India is one of the largest consumers of crude oil and since Iran has been one of the key suppliers, the country hopes the US will extend sanctions waiver, Singh said, […]
Iran, India and Afghanistan are reviewing the progress on completing the Chabahar Port project that will provide India a critical transport link to Afghanistan bypassing Pakistan. The trilateral meeting is being held in Tehran, with a focus on fast-tracking the operations on development of Chabahar Port, which is considered a gateway to golden opportunities for India, […]
India’s Shipping Secretary Gopal Krishna said the country is weighing a rupee-rial payment mechanism for the Chabahar project in Iran as it weaves a way around the US’s impending sanctions against Iran from Nov. 4, to kickstart the port that is considered critical to the country’s geopolitical and trade interests. According to The Hindu BusinessLine, […]