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Iran greeted the re-imposition of US sanctions on Monday with air defence drills and an acknowledgement from President Hassan Rouhani the nation faces a “war situation”, raising Mideast tensions a...

The US is learnt to have granted a conditional waiver to India and seven other countries that permits them to buy crude oil from Iran after sanctions against Tehran take effect from next week.The rupe...

The Trump administration has said it is confident that “the toughest ever” sanctions against Iran, which came into effect on on Monday, will have the intended impact on altering the Iranian regime...

The Narendra Modi-government’s pledge to cut oil import dependence by 10 per cent has been turned upside down as the country’s reliance on foreign oil has jumped under the NDA to a multi-year high...

Prime Minister Narendra Modi and US President Donald Trump harped on the deepening energy ties between India and the US on Tuesday, though a broader free trade agreement seems a long way off after Tru...

Exports in 2018-19 reached its highest for any fiscal year as India took advantage of the trade war between the US and China.Exports grew more than 9 per cent over the last fiscal to $331.02 billion. ...

US Secretary of State Mike Pompeo on Monday said he hoped that India will not be the 'economic lifeline' to the 'authoritarian' regime of Venezuelan President Nicolas Maduro by purchasing oil from the...

The US is pressing India to stop buying oil from Venezuelan President Nicolas Maduro’s government, Washington's top envoy for Venezuela said, as the Trump administration this week threatened more US...

The next government at the Centre will have to contend with high oil prices and its impact on inflation and the current account deficit, following the US withdrawing its waiver on Iranian oil for some...