Saudi Arabia to offset loss of Iranian oil, US says

Iran promises to sell as much oil as it can in wake of US sanctions

Indian refiners will likely gain more clarity on how much the United States would like them to cut after a meeting with US officials scheduled for July 16 to 17, said an official with a state-run refiner who declined to be named due to the sensitivity of the matter.

After Iraq and Saudi Arabia, Iran is India's third-largest oil supplier.

State Department officials were joined by Treasury Department officials and spent three days in Saudi Arabia to discuss ways to economically isolate Iran, and at the same time, keep oil markets well-supplied, the official noted.

Trump said he would reintroduce sanctions, and Washington later told countries they must stop buying Iran's oil from November 4 or face financial consequences.

Astros option Ken Giles to Triple-A Fresno
The Houston Astros won Tuesday's game against the A's in ridiculous fashion , but it wasn't all smiles for the AL West leaders. He would go on to allow both of the inherited runners (plus another batter) to score, tying the game at 4 all.

Separately, the U.S. is seeking to ensure anti-Iran pressure from its allies on the Persian Gulf's coasts.

United States in May said it would reimpose the sanctions after withdrawing from a 2015 agreement with Iran, Russia, China, France, Germany, and Britain, where Tehran agreed to curb its nuclear activities in return for the lifting of earlier sanctions. "We're very confident that we'll be able to do that without market disruptions and working closely with the Saudis and other oil producing nations to make sure that we have a well-supplied oil market".

"In previous round of U.S. sanctions between 2012 [and] 2015, Iran did its best to ensure security of oil supply to India", Iran's Deputy Ambassador and Charge d'Affaires Massoud Rezvanian Rahaghi said at an event organised by the All India Minorities Front at the Parliament annexe on Tuesday.

Lower purchases by private refiners dragged down India's June imports from Iran although state refiners stepped up purchases.

Exhausted and battered, Croatia reaches its 1st World Cup final
Peter Cook, 33, had arrived to watch seven hours ahead of the start, leaving work on hold for the day. "I'm feeling excited. The Duke of Cambridge, president of the Football Association, tweeted his support for the boys.

Washington has threatened the countries potentially maintaining business with Iran despite the US's bans with "secondary sanctions". He also stopped by the US Embassy in Abu Dhabi.

The other signatories to the accord, which include Russia, China, the UK, France and Germany, however, have strongly objected to the US's withdrawal, and vowed to try to preserve the deal.

Pompeo said that a focus remains on denying "Iran the financial capacity to continue this bad behaviour".

.

European Union High Representative for Foreign Affairs Federica Mogherini (L); Iranian Minister of Foreign Affairs Mohammad Javad Zarif (C) and political deputy at the Ministry of Foreign Affairs of Iran Abbas Araghchi take part in a Comprehensive Plan of Action (JCPOA) ministerial meeting on the Iran nuclear deal on July 6, 2018 in Vienna, Austria.

Israeli military says it shot down a Syrian drone
This is the second time in a month that Israel has intercepted a drone flying in from Syria. On July 6, Israel struck a Syrian post that it said had shelled the Golan buffer zone.

He said these measures helped the Indian government minimise its current account deficit (CAD) considerably because of rupee-denominated oil imports from Iran and curtailing of foreign exchange outflow.

Related News:



Most liked

Trump, May get Croatian jerseys ahead of England World Cup semi-final
He will just be hoping that all of them are fit enough for one last effort against a fearsome French side. We built the foundation for our house in 98, and now we're building the second floor".

Steven Gerrard says England will beat Croatia and are a 'dangerous' team
He also said that he would be flying to Russian Federation to watch the final, adding: "I'm just waiting on my visa". George Lee, 59, from Hull, also backed Southgate's young team to get to the final, predicting a 2-1 win.

Rafael Nadal reaches Wimbledon quarter-finals for first time since 2011
The imperious Nadal got the job done in straight sets once again, Vesely drilling a backhand just wide to bow out. The powerful Vesely broke for a 3-2 lead when a rare Nadal forehand error drew gasps of surprise from the crowd.

Nevada Postpones Planned Execution Using Fentanyl
A witness testified Dozier used a sledgehammer to break the victim's limbs so the corpse would fit in a plastic storage container. The planned execution, using a three-drug cocktail, had been set for Wednesday evening at Ely State Prison in Nevada.

Cuomo Says He'll Sue Supreme Court if Roe v. Wade Overturned
And, in an interview earlier, he predicted that the potential new justice wouldn't be the deciding vote in overturning Roe v. Casey, which upheld large parts of Roe and ruled that states can not impose an "undue burden" on patients seeking abortion.

English golfers react to country's semifinal World Cup loss to Croatia
Sadly, it just wasn't meant to be for England at the 2018 World Cup . As more players piled on, they crashed into the photographers.

Australian rangers capture massive crocodile after 8-year search
After nearly a decade on the loose, authorities have finally captured a "monster" Northern Territory crocodile. Though it's record-breaking for the area, elsewhere in the wild, saltwater crocodiles can be much larger.

Facebook facing record £500000 fine over Cambridge Analytica scandal
Mail.Ru told CNN it had not been contacted by Facebook about its investigation into the misuse of user data. The ICO said it expects to have wrapped up these investigations by the end of October.

Why Southgate's waistcoat is wanted by Museum of London
England's progress in Russian Federation has revived the Three Lions anthem - which includes the line " football's coming home ". Win tonight and England will face France in the final after they beat Belgium 1-0 with a Samuel Umtiti header.

Croatia beat England to reach World Cup Final
They now they have the chance to use their tactical intelligence and mental strength against a formidable France team on Sunday. Ivan Perisic has scored four goals at the World Cup for Croatia - only Davor Suker (six) has more.

Honeymooner dies after crashing into wife while zip-lining
Honduran authorities are investigating the incident while the zip line company has promised to assist them with their enquiries. The Israeli Foreign Ministry said that it is arranging for Mr Tishman's body to be flown back to his home country.

Princess Charlotte to photographers: 'You're not coming'
The trio enjoyed the yearly show and fans loved that the young royals wore matching plimsolls, which retail at £35. The Duke and Duchess of Cambridge also announced their youngest son's godparents a few hours before the service.

Trump insists he has ‘very good’ relations with Merkel
Of Nato's 29 members, just five meet that target this year: the US, Greece, Estonia, the United Kingdom and Latvia. Still, Trump is using the 4-percent-argument to ram home his message that the US gets a bad deal from allies.

Prosecutors: Manafort says he's treated like 'VIP' in jail
And in December 2017, Judge Amy Berman Jackson allowed him to temporarily leave house arrest to spend Christmas with his extended family in the Hamptons.

Pogba dedicates France semi win to rescued Thai boys
And the 19-year-old was overwhelmed at the thought of helping France reach the final in his first appearance at a World Cup . But FIFA said it had been informed "that due to medical reasons, the boys will not be in a position to travel to Moscow".