India has refused to bow to Washington's pressure on Delhi to cut oil imports from Iran, saying it will continue to buy Iranian oil despite US and EU sanctions, India's Finance Minister Pranab Mukherjee told reporters in Chicago at the end of a two-day visit. India, the world's fourth-largest petroleum consumer, is Iran's second largest oil customer ...

Uranium enrichment at Fordo nuclear facility near the city of Qom, which is used for producing up to 20 percent enriched uranium faced with different reactions in the world. U.S. Secretary of State Hillary Clinton stated on Tuesday that Irans uranium enrichment at Fordo runs counter to its obligations made under multiple UN Security Council and ...

By Reuters NEW DELHI, Nov 1 (Reuters) - India's oil imports from Iran fell about 19 percent in the first half of 2012/13 to about 257,000 barrels per day (bpd), even lower than planned, data available to Reuters show, potentially helping New Delhi win a renewal of a waiver from U.S. sanctions. The United States and Europe have imposed tough sanctions ...

By Reuters (Reuters) -South Koreais set to resume Iranian oil imports in October after crude cargoes were halted by EU sanctions in the previous two months, with shipments transported under Iranian insurance cover to avoid sanctions targeting Tehran's nuclear program. The north Asian country's overall crude oil imports fell 2.8 percent in September ...

By The Economic Times WASHINGTON: Highly critical of Obama Administration's decision to exempt India and China from sanctions for importingIranian oil, a senior defence advisor toRomney Campaigntoday said that New Delhi should not buy even an ounce of oil from Iran. "India is a good friend. It's an ally. We understand that India has a long relationship ...

By The Daily Star SEOUL: South Korea has resumed imports of Iranian crude oil after halting them in July due to Western sanctions targeting Tehran's nuclear programme, a report said Friday. SK Energy, the refining arm of SK Innovation Co., received a shipment of two million barrels in an Iranian tanker earlier this week, a company official told ...

By Reuters SEOUL, Sept 24 (Reuters) - South Korea imported no crude oil from Iran in August due to European Union restrictions on shipping insurance, but purchases in September are expected to be up to 200,000 barrels per day, or back to full contracted volumes, after skirting sanctions. South Korea's overall crude oil imports rose 11.2 pct in ...

By Reuters (Reuters) - South Korea's SK Energy lifted its first crude oil inIranlast week to end a nearly two-month gap in imports from the Middle Eastern country over a European Union ban on insurance cover for Iranian oil, a spokesman of parent SK Innovation said on Friday. The move follows comments by economy ministry sources last month that ...

By Financial Time South Korea plans to restart imports of Iranian oil after refiners said Tehran had offered to deliver crude on its own tankers and provide up to $1bn insurance cover for the vessels. South Korea, until last month the worlds fourth-largest buyer of Iranian crude, was the first Asian country tostop imports from Tehrandue to an ...

The bill that would cut off oil supplies to the EU will be discussed by the representatives from Foreign Ministry, Intelligence Ministry and Oil Ministry in Majlis National Security and Foreign Policy committee, on Tuesday. Spokesman for the Majlis Energy Committee Emad Hosseini said on Sunday that no bill had been drafted and brought o Majlis in ...