Skip to content
Search

Latest Stories

India warned to rethink Iran and Russia trade ties

US ENVOY NIKKI HALEY THREATENS SANCTIONS

THE US ambassador to the UN, Nikki Ha­ley, last Thursday (28) urged India to re­consider its ties to Iran, one of its key en­ergy suppliers, as fresh US sanctions on buyers of Iranian oil loom.


Washington has stepped up pressure on major Iranian customers to stop importing its oil, warning that no trading partner will be exempt from new economic sanctions when they bite from November 4.

India imports the overwhelming majority of its oil, and Iran is the third-largest sup­plier to the nation of 1.25 billion.

Haley said she understood India “can’t change its relationship with Iran in a day”, but said she used a meeting with prime minister Narendra Modi in New Delhi to encourage a reassessment.

“I also think for the future of India, and the future of being able to get resources and who they are dependent on, I would en­courage them to rethink their relationship with Iran,” she told the media in New Delhi.

“I think as a friend, India should also de­cide, is this a country they want to continue doing business with?”

US president Donald Trump withdrew his country from the Iran nuclear deal last month, re-imposing sanctions that had been suspended in return for curbs on Teh­ran’s nuclear programme.

US officials said Washington would be asking major Iranian customers to reduce their oil imports to zero, and warned no ex­emptions would be made when the sanc­tions were enforced.

Before the 2015 nuclear deal between Iran and six major powers, various buyers of Iranian oil, including India, had waivers or exemptions to US sanctions.

India’s foreign ministry said last Thurs­day, however, that the Islamic republic was a “very traditional partner” that enjoyed “historical, civilisational linkages” to India.

“She has her views, and our views on Iran are very clear,” ministry spokesman Raveesh Kumar said of Haley, whose two-day visit to India also included visits to holy sites in the Indian capital.

“We will take all necessary steps, includ­ing engagement with relevant stakeholders to ensure our energy security.”

Haley’s visit coincided with revelations that a long-anticipated meeting between US and Indian defence and foreign minis­ters, known as a 2+2, had been delayed for a second time.

She played down rumours of a rift, saying the meeting would be rescheduled “very soon” and was “an important sign of how much our security and defence cooperation has grown in recent years”.

Washington has put new emphasis on its military ties to New Delhi and its regional role as a counter to China’s rise.

But it could still fall foul of US sanctions imposed last August threatening sanctions on any country doing business with Russia’s defence and intelligence sectors.

India, the world’s top defence importer, had been in talks with Russia to buy missile systems when the sanctions were announced and New Delhi has said the embargo would not affect ties to Moscow.

Haley said last Thursday that “anybody, any country, that does business with Rus­sia... there are sanctions”. (AFP)

More For You

UK financial watchdog opens first offices in US and Asia

The international expansion forms part of the FCA's new strategy (Photo: Reuters)

UK financial watchdog opens first offices in US and Asia

BRITAIN's Financial Conduct Authority (FCA) has established its first-ever international presence with new offices in the US and Asia-Pacific region, the watchdog announced on Tuesday (15).

Former investment banker Tash Miah began working at the British Embassy in Washington DC in April. In her role, Miah will collaborate with the Department for Business and Trade to improve UK-US financial services policy and help American firms navigate British regulations.

Keep ReadingShow less
UK Inflation

The Consumer Prices Index (CPI) stood at 2.6 per cent in March, down from 2.8 per cent in February, the Office for National Statistics (ONS) said.

Getty

UK inflation eases to 2.6 per cent ahead of US tariff impact

THE UK’s annual inflation rate dropped more than expected in March, according to official figures released on Wednesday. The latest numbers come as US president Donald Trump’s new tariffs add to global economic uncertainty.

The Consumer Prices Index (CPI) stood at 2.6 per cent in March, down from 2.8 per cent in February, the Office for National Statistics (ONS) said. Analysts had expected a decline to 2.7 per cent. The rate was 3.0 per cent in January.

Keep ReadingShow less
Bestway-wholesale

Bestway launches Easter campaign with 200 deals and new product reveals

BESTWAY Wholesale has launched a four-week Easter campaign offering nearly 200 promotional deals across categories both in depots and online.

The campaign includes branded displays with spring-themed packaging and features new product launches from Red Bull’s Peach Summer Edition and Pepsi’s Strawberry and Cream flavour, which Bestway says will be seen first at its outlets.

Keep ReadingShow less
What UK TV licence changes could mean for Netflix and Prime Video users

The current funding structure relies heavily on the TV Licence fee, but this model is under review

iStock

What UK TV licence changes could mean for Netflix and Prime Video users

The TV Licence fee in the UK has recently increased, and future changes to the system may also affect people who watch content solely through streaming platforms like Netflix, Amazon Prime Video, or Disney+.

As of now, UK residents are required to pay the TV Licence fee if they watch live television or use BBC iPlayer. The fee rose by £5 on 1 April 2025, increasing from £169.50 to £174.50 per year. This equates to approximately £14.54 per month. Those who watch only on-demand content via streaming services remain exempt from paying the fee under current rules.

Keep ReadingShow less
joy-saini

Dr Joy Saini, according to the website of Boston Pelvic Health & Wellness, a centre founded by Saini, she was a 'highly experienced and respected urogynecologist and reconstructive pelvic surgeon'.

getty image

Asian doctor, family die in New York plane crash

AN INDIA-BORN doctor and her family were killed in a plane crash in upstate New York while they were on their way to the Catskills Mountains for a birthday celebration.

Dr Joy Saini, a urogynecologist, her husband Dr Michael Groff, a neuroscientist, their daughter Karenna Groff, a former MIT soccer player and 2022 NCAA woman of the year, and their son Jared Groff, a paralegal, were among those killed when the twin-engine plane crashed, according to media reports.

Keep ReadingShow less