The programme aims to help Iran develop a ramjet propulsion system that could enable cruise missiles to travel at several times the speed of sound
The Trump administration’s “Operation Economic Outcast” is raising concerns for India’s basmati rice trade with Iran.
Prime Minister Narendra Modi met Iranian President Masoud Pezeshkian on the sidelines of the SCO summit in Bishkek
Iran's supreme leader called on Muslim countries to stand together against Israel and the United States. Ayatollah Mojtaba Khamenei urged rulers of Muslim nations to "know your real enemy, understand its plans and confront it," and called the US and Israel enemies of all Islamic nations, the official IRNA news agency reported. Six months after the US and Israel attacked Iran, killing Khamenei's father and other senior leaders, Khamenei still has not been seen publicly. His comments came in a letter to religious leaders attending a conference in Tehran. The war has exposed divisions in the Muslim world after Iran struck targets in neighbouring Gulf Arab countries and restricted shipping through the Strait of Hormuz. Tehran has opposed the US military presence in the region.
Iran and Oman have held on-and-off talks for weeks about controlling traffic through the strait, which handled one-fifth of global oil and liquefied natural gas shipments before the war began in Feb
Rice dominates trade between the two countries, accounting for nearly two-thirds of India's $1.25 billion in exports to Iran in the fiscal year-ended March
US sanctions four India-based firms over Iranian petroleum imports as Washington expands pressure on Tehran and warns entities doing business with Iran of retaliation
In a post on Truth Social, Trump said the United States, through its Space Force, was watching "every square inch" of the Strait, a key waterway in the global energy supply chain.
The US has sanctioned four India-based companies for importing petroleum and petrochemical products from Iran, according to a press release by the US State Department. US Treasury Secretary Scott Bessent on Monday announced 'Operation Economic Outcast', which essentially involved new sanctions that aim to block all potential sources of revenue for Iran. The US has also told countries to cut economic ties with Tehran or face retaliation. Bessent described it as an unprecedented campaign to sever Iran's financial lifelines. It broadens the risk of secondary sanctions for entities - which can be countries, businesses or organisations - continuing to do business with Tehran. Among the four "India-based companies" facing action is a customs broker identified as Portease Partners LLP and its partners Indrismiya Ashrafmiya Sheikh and Harish Ramachandra Rangi. They facilitated the import of multiple shipments of Iranian petrochemical products, the State Department said in the release on ...
The US has spent 20 years promising 'crippling sanctions' on Iran. But the latest effort comes with a reverse twist, after military action failed to accomplish President Trump's goals
US Treasury Secy Scott Bessent unveiled measures but stopped short of the most punishing sanctions, saying countries that continued trading with Iran risked being forced out of dollar system
But that's only if Bessent actually follows through on a threat the Trump administration has made before
The statement marked the latest bid to force capitulation from Iran, which has refused to bow to US demands despite months of US bombing that began in February as well as decades of economic sanctions
The new head of Iran's top security body warned Sunday that Tehran will see any country's support for the sanctions as an "act of war".
Indian exporters fear Trump's proposed "economic D-Day" plan, likely to be unveiled later on Monday, could further squeeze trade weakened by sanctions, banking caution and shipping constraints
For Florida-based Powerus, becoming a global supplier of counterdrone technology has meant involving the Trumps, a golf course and a new way of doing business
The authority also warned that vessels cooperating with ships already listed as non-compliant would themselves be added to the list
Iran's Supreme National Security Council Secretary Mohsen Rezaei warned that Iran would consider any country supporting or participating in US economic campaign against Tehran to be an 'act of war'
US Treasury Secy Scott Bessent said Washington was entering 'endgame' against Iran with major economic offensive, as Tehran warned it could halt oil exports through Hormuz
Iran had prepared for a potential war with the US for four decades, including contingencies such as the loss of its top leadership, making it difficult for its adversaries to decimate the country, an Indian military expert has said. Speaking at an interactive session in Washington organised by Observer Research Foundation (ORF) America on Friday, retired Indian Army officer Lt General KJS Dhillon said Iran had retained the capability for "attritional warfare" despite suffering heavy losses in the conflict with the US and Israel. Dhillon, who previously served as the head of India's defence intelligence agency, said one of the key lessons from the war was the need for a clearly defined national aim and a well-planned exit strategy. "Before you initiate a war, knowing a few things beforehand are a must. Your declared national aim should be clear to yourself, your military and the people in the government. There should also be clarity on the end stage where one can declare victory," he