Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

India likely to get waiver from US curbs against importers of Iran oil

Post News Network
Updated: November 3rd, 2018, 12:06 IST
in Business, Prime News
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

United Nations: US President Donald Trump is expected to grant India an exemption from the sanctions against buying oil from Iran when the waivers will be announced November 5.

Secretary of State Mike Pompeo said Friday that the administration was giving six-month waivers to eight countries that he did not name.

Also Read

Air India

Airline Pilots’ Association of India seeks fair, fact-based probe into Air India plane crash

9 hours ago
Air India

Mechanical, electrical issues could also have led to change in fuel switch positions in ill-fated AI plane: Experts

10 hours ago

Pompeo said these countries have already taken steps to eventually cut their Iranian oil imports to “zero”.

Sunday is the deadline for countries to stop buying oil from Iran and the sanctions are to take effect November 5 for those not getting the waivers.

“On November 5, the US will reimpose sanctions that were lifted as part of the nuclear deal on Iran’s energy, shipbuilding, shipping, and banking sectors,” Pompeo said.

Trump had announced the reimposition of sanctions in May when he withdrew the US from the agreement made by the five permanent members of the Security Council, Germany and the European Union (EU) with Iran to end its nuclear weapons programme.

US Special Representative for Iran Brian Hook hinted India was among those getting the exemption with a cryptic response to a reporter at a briefing in Washington Friday.

When the reporter trying to get him to identify the eight nations mentioned India among those that were “presumably” aware that they were getting exemptions, Hook said: “I think you’ve answered your own question.”

Several US media reports quoting unidentified administration officials have also said that India was one of them. Others mentioned include China, South Korea, Japan and Turkey.

Trump sent out a tweet: “Sanctions are coming,” that was made to look like the posters for the TV show “Game of Thrones”.

He later told reporters: “Iran is taking a big hit.”

Pompeo said that the sanctions were “necessary to spur changes we seek on the part of the (Iran) regime. In order to maximise the effect of the President’s pressure campaign, we have worked closely with other countries to cut off Iranian oil exports as much as possible”.

Treasury Secretary Steven Mnuchin said the Treasury Department November 6 will add more than 700 names to its “list of blocked entities” which face sanctions because of trade dealings with Iran.

The reimposition of the sanctions has opened a big rift between Washington and its European allies who co-signed the nuclear agreement.

British, French and German leaders have opposed the sanctions and the EU said in September that it was setting up a payment channel to bypass US sanctions and continue to trade with Iran.

Pompeo said that the EU will not get a waiver.

Other ways in which India could be hit with sanctions include shipping and banking and these could impact the Chabahar port project and the surface links from the harbour to Afghanistan that it is building in Iran.

A senior State Department official told IANS in September that Washington would consider the impact the sanctions will have on the project which helps Afghanistan.

Alice Wells, the Principal Deputy Assistant Secretary for South and Central Asia, said that in reviewing the effect of sanctions on the Chabahar project, Washington will “take India’s concerns and interest in being able to expand exports to Afghanistan and to increase Afghanistan exports to India, very seriously”.

IANS

Tags: Donald TrumpIndia
Share5TweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019

Archives

Editorial

Tripura’s IAS Exodus

July 12, 2025

It’s hard not to see the flight of over a dozen IAS officers from Tripura’s cadre as a crypto-threshold moment....

Read more

Toll Sucks Life

Nitin Gadkari
July 9, 2025

Union Road Transport and Highways Minister Nitin Gadkari took everyone by surprise when at a function in Nagpur, where the...

Read more

Bloodline

BJP-Shiv Sena
July 8, 2025

The coming together of the Thackeray cousins – Raj Thackeray, chief of the Maharashtra Navnirman Sena (MNS) and Shiv Sena...

Read more

Acknowledge Failure

Deputy Chief of Army Staff Lieutenant General Rahul R Singh
July 7, 2025

Deputy Chief of Army Staff Lieutenant General Rahul R Singh’s candid revelations about Operation Sindoor at a FICCI event ‘New...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST