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 for the payment of oil. A part payment in rupees has now been agreed. Gold is not a suitable option for payment," he said.
The envoy further added, "The possibility of a military strike on Iran is very low at this point. A whole world can be affected."
Reacting to the constant US threats to the Islamic republic, he said, "The US cannot harm India-Iran ties. Iran has always worked within IAEA norms and framework. Nearly 4000 man hours of inspection has been done by IAEA inspectors."...
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12:57 PM, Feb 07, 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
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
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
![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
