• About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST
TFI Official Merchandise
हिन्दी
Thursday, January 21, 2021
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Karnataka, Uddhav Tahckeray, Maharashtra, Shiv Sena

    Shiv Sena has not done anything to uphold the Maratha pride but has done everything to hurt the Kannadigas

    Tandav, I&B Ministry, Prakash Javadekar

    I&B Ministry only gave directions to the makers of Tandav to change certain scenes. That’s what lip service looks like

    Netaji Subhash Chandra Bose, PM Modi

    After Patel, PM Modi is all set to resurrect the legacy of Bose, whom congress belittled when he was alive and ignored after he disappeared

    Paul Dhinakaran, IT department

    IT raids at Rich evangelist Paul Dhinakaran’s 28 properties, looks like he is on his way to salvation

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Adani, Total, Reliance

    Adani leads India’s alternate energy revolution as Total SE makes a mammoth $2 Billion investment

    Bengaluru, IT Sector, tech

    Bengaluru leaves behind London and many other European cities to become the leading tech hub

    Indian rice, import

    From Southeast Asia to Europe: The World is hungry for Indian Rice and India is ready to feed them

    stock, Modi, economy

    Indian stock market adds $1.3 trillion in just nine months, thanks to the reforms

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    india indian army ladakh drones

    Amid standoff with China, India puts the Ladakh region under drone surveillance. More Made-In-India drones to follow

    drdo

    For 6 decades DRDO was not up to the mark. Today it is making one missile after another. What really changed

    ghatak drone

    GHATAK- How India’s stealth combat drone programme promises to make it a military superpower

    Turkey, US, Russia

    Turkey may be sanctioned by US for using F-16s as target practice for Russian S-400s

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    UK, India, G7

    Ahead of Biden presidency, UK invites India to G7 summit amid talks of expansion

    India, China, Al-Qaeda

    China stops India from heading Al-Qaeda sanctions committee that would have given it immense leverage over Pakistan

    Africa, India, Chinese, vaccine

    As Africa distrusts the Chinese vaccine, India has the golden opportunity and the perfect resources to expand its soft power

    France, India, EU

    France invites India to join European naval missions in the Persian Gulf, the most important oil route in the world

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    sister nivedita

    Sister Nivedita – The friend of all

    Tanishq

    A stupid Ad and a dumb explanation: What Tanishq lost in last 48 hours?

    Coco island, islands, Nehru

    Nehru’s massive strategic blunder – How Nehru gave Coco Islands to Burma that China later grabbed

    Turkey, Hagia Sophia

    Hagia Sophia is not the only one: Turkey has a shameful history of desecration

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Satire
    • Sports
    • technology
    • Travel
    whatsapp signal brian acton

    He was forced to sell WhatsApp to Facebook. Now, he has come back with Signal to dethrone WhatsApp

    fan

    Here’s Why Finding the Right Ceiling Fan is Important

    coolie no. 1

    This is not even about nepotism; Coolie No. 1 remake is plain horrible and a huge insult to Govinda

    ajinkya rahane

    Ajinkya Rahane – One of the best test captains India NEVER had

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Newswire
No Result
View All Result
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Karnataka, Uddhav Tahckeray, Maharashtra, Shiv Sena

    Shiv Sena has not done anything to uphold the Maratha pride but has done everything to hurt the Kannadigas

    Tandav, I&B Ministry, Prakash Javadekar

    I&B Ministry only gave directions to the makers of Tandav to change certain scenes. That’s what lip service looks like

    Netaji Subhash Chandra Bose, PM Modi

    After Patel, PM Modi is all set to resurrect the legacy of Bose, whom congress belittled when he was alive and ignored after he disappeared

    Paul Dhinakaran, IT department

    IT raids at Rich evangelist Paul Dhinakaran’s 28 properties, looks like he is on his way to salvation

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Adani, Total, Reliance

    Adani leads India’s alternate energy revolution as Total SE makes a mammoth $2 Billion investment

    Bengaluru, IT Sector, tech

    Bengaluru leaves behind London and many other European cities to become the leading tech hub

    Indian rice, import

    From Southeast Asia to Europe: The World is hungry for Indian Rice and India is ready to feed them

    stock, Modi, economy

    Indian stock market adds $1.3 trillion in just nine months, thanks to the reforms

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    india indian army ladakh drones

    Amid standoff with China, India puts the Ladakh region under drone surveillance. More Made-In-India drones to follow

    drdo

    For 6 decades DRDO was not up to the mark. Today it is making one missile after another. What really changed

    ghatak drone

    GHATAK- How India’s stealth combat drone programme promises to make it a military superpower

    Turkey, US, Russia

    Turkey may be sanctioned by US for using F-16s as target practice for Russian S-400s

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    UK, India, G7

    Ahead of Biden presidency, UK invites India to G7 summit amid talks of expansion

    India, China, Al-Qaeda

    China stops India from heading Al-Qaeda sanctions committee that would have given it immense leverage over Pakistan

    Africa, India, Chinese, vaccine

    As Africa distrusts the Chinese vaccine, India has the golden opportunity and the perfect resources to expand its soft power

    France, India, EU

    France invites India to join European naval missions in the Persian Gulf, the most important oil route in the world

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    sister nivedita

    Sister Nivedita – The friend of all

    Tanishq

    A stupid Ad and a dumb explanation: What Tanishq lost in last 48 hours?

    Coco island, islands, Nehru

    Nehru’s massive strategic blunder – How Nehru gave Coco Islands to Burma that China later grabbed

    Turkey, Hagia Sophia

    Hagia Sophia is not the only one: Turkey has a shameful history of desecration

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Satire
    • Sports
    • technology
    • Travel
    whatsapp signal brian acton

    He was forced to sell WhatsApp to Facebook. Now, he has come back with Signal to dethrone WhatsApp

    fan

    Here’s Why Finding the Right Ceiling Fan is Important

    coolie no. 1

    This is not even about nepotism; Coolie No. 1 remake is plain horrible and a huge insult to Govinda

    ajinkya rahane

    Ajinkya Rahane – One of the best test captains India NEVER had

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Newswire
No Result
View All Result
TFIPOST
No Result
View All Result
  Newswire
Even tiny gender bias in hiring may impact employers 7 hours ago
Rahul Gandhi wishes US President Biden, VP Harris 7 hours ago
Democracy has prevailed, says US President Joe Biden 7 hours ago
Why not repeal 3 farm laws instead of suspending them: Cong 7 hours ago
SEBI approves Future-Reliance deal 7 hours ago
Amit Shah to preside over NEC plenary session in Shillong 7 hours ago
Next
Prev

India set to defy the United States once again over oil embargo on Iran

Amit Agrahari
by Amit Agrahari
27 June 2018
in Geopolitics, West Asia
0
india, united states, iran

PC: im.rediff.com

287
SHARES
1.8k
VIEWS
Sharre via FacebookShare via Twitter

The United States has said that it will give ‘zero waivers’ on oil imports from Iran after the sanctions become effective from November 4, this year. The official who spoke to reporters said, “India and China will be subject to the same sanctions that everybody else’s is… and yes, we will certainly be requesting that their oil imports go to zero, without question.” The sanctions on Iran comes in the backdrop of United States pulling out of the Iran nuclear deal. Donald Trump, during his presidential campaign, promised to pull out of the Iran nuclear deal framework which was a preliminary framework agreement reached in 2015 between the Islamic Republic of Iran and a group of world powers, the P5+1 (the permanent members of the United Nations Security Council, the United States, the United Kingdom, Russia, France, and China plus Germany) and the European Union. After coming to power, the Trump administration scrapped the deal and imposed economic sanctions on Iran. Governments and multinational bodies impose economic sanctions to try to alter the strategic decisions of state and non state actors that threaten their interests or violate international norms of behavior.

 The Trump administration has also threatened to impose ‘secondary sanctions’ on the countries which will not follow its diktat on oil import embargo. The secondary sanction could be in various forms but the most throbbing would be being blocked from American financial System which no country could afford. Most of the world trade in carried out through American financial system if they block any country from using their financial system it would hurt them badly as evident in recent Indian payment to Russia for its defense deals. India is facing problems in paying to Russia because America has blocked Russian companies from carrying out transactions through American financial System which is mostly by default medium for international transactions.

India is the second largest buyer of petroleum from Iran after China, and Iran is the third largest supplier to India after Saudi Arabia and Iraq. New Delhi was not happy with the Trump administration’s decision pull out of the Iran nuclear deal last month and its announcement that sanctions will be back in force in two tranches by November 4. Sushma Swaraj, External affairs minister had said that “India follows only UN sanctions and not unilateral sanctions by any country” days after President Donald Trump pulled out of the Iran deal. As a result of the last round of sanctions, initiated by the United Nations and reinforced by the US and European nations, Indian crude purchases from Iran had dropped from an average of 320, 00 barrels a day in 2011 to 190,000 barrels a day. Although Indian oil imports from Iran never reached zero.

Earlier India defied US threats on the development of Chabahar Airport and Union Minister Nitin Gadkari has said that it will be operational by 2019. Built 90 km from the China-sponsored Gwadar port in Pakistan, Chabahar opens a transit route to Iran and Afghanistan that will also give India access to markets in Central Asia. India has aligned itself more with the United States in recent decades and there is a bipartisan consensus in American administration that the country should have deeper ties with India. But, India never hesitated to take an independent stand whenever its interests were hurt due to American policies. There are benefits for India in the short term if it aligns with the United States, but if the country wants to be a future superpower, it will have to take an independent stand irrespective of American policies.

Tags: #USAIndiaIranOilunited states
Share287TweetSend
Previous Post

Ace shooter Tara Shahdeo finally finds justice in love jihad case.

Next Post

FIFA World Cup 2018: The march of the underdogs

Amit Agrahari

Amit Agrahari

Engineering grad but Humanities and social sciences are my forte. Avid reader of religious Scriptures (Especially Hindu), Lord Shiva devotee

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Most Read
  • Latest
Xi Jinping, coronavirus, Shinzo Abe, china, Japan, coornavirus, COVID-19, Wuhan Virus

‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

9 April 2020
ajay devgn karan johar

The man who bullied the Bully – How Ajay Devgn made Karan Johar’s monopoly a joke and forced him to apologize

22 June 2020
Huawei, China, Trump, USA, Xi Jinping

‘Our survival is at stake now,’ Chinese Telecom giant Huawei crumbles after US ban on Semiconductor exports

19 May 2020
T-Series Sonu Nigam Divya Khosla Kumar Bhushan Kumar

T-Series forced to take down Atif Aslam’s video, Divya Khosla trolled. T-Series has a bad day in office

25 June 2020
Karnataka, Uddhav Tahckeray, Maharashtra, Shiv Sena

Shiv Sena has not done anything to uphold the Maratha pride but has done everything to hurt the Kannadigas

20 January 2021
Tandav, I&B Ministry, Prakash Javadekar

I&B Ministry only gave directions to the makers of Tandav to change certain scenes. That’s what lip service looks like

20 January 2021
Netaji Subhash Chandra Bose, PM Modi

After Patel, PM Modi is all set to resurrect the legacy of Bose, whom congress belittled when he was alive and ignored after he disappeared

20 January 2021
Paul Dhinakaran, IT department

IT raids at Rich evangelist Paul Dhinakaran’s 28 properties, looks like he is on his way to salvation

20 January 2021

Popular This Week

Arnab Goswami, Modi, Pulwama Attack
Trending

It was not just Arnab but 1.3 Billion Indians who knew that PM Modi was going to do something “big” after the Pulwama attack

by Sanbeer Singh Ranhotra
18 January 2021
Nidhi Razdan, Harvard, associate professor
Trending

Nidhi Razdan quit NDTV to join Harvard University as Associate Professor. Turns out, it was all fake

by Sanbeer Singh Ranhotra
15 January 2021
whatsapp signal brian acton
technology

He was forced to sell WhatsApp to Facebook. Now, he has come back with Signal to dethrone WhatsApp

by Abhinav Singh
15 January 2021
Imran Khan, Balakot Airstrike, Pakistan, PM Modi
Trending

Imran Khan was trying to “rip into PM Modi”, ended up accepting that IAF bombed the poop out of Pakistan

by Sanbeer Singh Ranhotra
18 January 2021
whatsapp india
Opinions

WhatsApp’s honeymoon period in India is officially over

by Sanbeer Singh Ranhotra
15 January 2021

©2021 TFI Media Private Limited

  • Terms of use
  • Privacy Policy
  • Sitemap
No Result
View All Result
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Newswire
TFI Official Merchandise
हिन्दी
  • About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST

©2021 TFI Media Private Limited