New Delhi: The Iranian Ambassador to India said on Tuesday that although Tehran was "not unhappy" with New Delhi's stand on the country, it would urge India to "pay attention to the realities that are being shaped". Speaking to reporters in New Delhi, the diplomat said that India and Iran had worked out an agreement for the payment of oil. "A mechanism has been worked out between India and Iran...
12:57 PM, Feb 07, 2012
Tehran: Oil prices could rise as high as $150 a barrel because of the European Union ban on imports of Iranian crude, the country's deputy oil minister was quoted as saying by the official IRNA news agency on Sunday. "Although a precise prediction cannot be made on oil prices, it seems we will witness a $120 to $150 oil price per barrel in future," said Deputy Oil Ministry Ahmad Qalebani....
06:07 PM, Jan 29, 2012
Washington: Tensions rising by the day, the Obama administration said on Friday it is warning Iran through public and private channels against any action that threatens the flow of oil from the Persian Gulf. The Navy revealed that two US ships in and near the Gulf were harassed by Iranian speedboats last week. Spokesmen were vague on what the United States would do about Iran's threat to block the strategic...
09:59 AM, Jan 14, 2012
Washington: The United States is in close consultations with countries like India, China and Russia on implementing sanctions against Iran, a senior US official has said. "We are in close consultation with India, with China, with Russia, with countries around the world, about strengthening their implementation of the international sanctions regime and about curtailing their dependence on Iranian crude oil," Victoria Nuland, State Department spokesperson told reporters. "Since the new...
09:14 AM, Jan 07, 2012
Tehran: Iran is planning new military exercises near the strategic Strait of Hormuz, according to a naval commander, after threatening to close the strait and completing another set of maneuvers. One sixth of the world's oil passes through the Strait of Hormuz. Iran's threat to close the passage if the West imposes sanctions on its own oil exports unsettled an already nervous world oil market. The semiofficial Fars news agency...
03:31 PM, Jan 06, 2012
Tehran: Iran announced a nuclear fuel breakthrough and test-fired a new radar-evading medium-range missile in the Gulf on Sunday, moves that could further antagonize the West at a time when Tehran is trying to avert harsh new sanctions on its oil industry. US President Barack Obama signed a law on Saturday imposing tougher financial sanctions to penalize Iran for a nuclear research programme that the West suspects is aimed at...
10:10 AM, Jan 02, 2012
New Delhi: The West's worst nightmare came true on Sunday as Iran tested its first domestically produced nuclear fuel rod and its missiles near the Strait of Hormuz. ...
09:33 AM, Jan 02, 2012
Tehran: Talk of blocking the strategic oil route through the Strait of Hormuz is a discussion of the past, a commander of Iran's Revolutionary Guard said on Sunday in comments that seemed to back away from an earlier threat. But he said Iran had other, unspecified strategies for reacting to any Western aggression. "Discourse about closing the Strait of Hormuz belongs to five years ago. Today's debate in the Islamic...
09:55 AM, Jan 01, 2012
Tehran: The US strongly warned Iran on Wednesday against closing a vital Persian Gulf waterway that carries one-sixth of the world's oil supply, after Iran threatened to choke off traffic through the Strait of Hormuz if Washington imposes sanctions targeting the country's crude exports. The increasingly heated exchange raises new tensions in a standoff that has the potential to spark military reprisals and spike oil prices to levels that could...
10:13 AM, Dec 29, 2011
![Iranian boats give US ships a scare at mid-sea]( "Iranian boats give US ships a scare at mid-sea")
New Delhi: Ticket prices for India's high-octane World Cup semifinal clash with Pakistan at Mohali on Wednesday are going through the roof, with the black marketeers making the most of a mad rush, sources told CNN-IBN. Such has been the frenzy surrounding the match that tickets priced at Rs. 10,000 are being sold for as high as Rs. 50,000 in the grey market, while those priced at Rs. 15,000 are...
10:58 AM, Jan 08, 2008
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