The Shahid Beheshti port of Chabahar in Iran built by India has handled 12 lakh tons of cargo and 8200 containers since December 2018, the ministry of external affairs has told the Indian parliament. It was in the year 2018, an Indian company--India ports Global which had taken over the operations of the port.&nbsp;

The port has played a key role in connecting India with Afghanistan. So far, in this financial year starting April 2020, India has sent 53,000 tons of wheat to Afghanistan.&nbsp;

The country is sending 75,000 tons of wheat to Afghanistan as part of its COVID-19 support and eight consignments have already been shipped via Chabahar.

The MEA said in a written response to the Parliament that,"In the recent past, there has been a rise in transit cargo for Afghanistan through Chabahar...Afghanistan’s exports to India are also routed via Chabahar Port"

India, as part of a trilateral agreement with Tehran and Kabul, signed during Indian Prime Minister Narendra Modi's 2016 Iran visit started developing the first phase of the Shahid Beheshti port in Chabahar.

Meanwhile, New Delhi has affirmed that it continues to be part of Chabahar-Zahedan railway line, that connects the Iran port to the border town of Zahedan on Iran Afghanistan border. The line will further connect India with Afghanistan.&nbsp;

MEA, in another response to another question in the Indian parliament, said, "The two sides remain engaged on this matter....India and Iran continue to cooperate on developmental projects in Iran, including the Chabahar-Zahedan railway line."

The development of the railway line was also agreed during Indian PM's Iran visit with an MoU being signed between Indian Railways’ IRCON and Iranian Railways’ CDTIC --Construction &amp; Development of Transportation Infrastructures Company.

The Shahid Beheshti port of Chabahar in Iran built by India has handled 12 lakh tons of cargo and 8200 containers since December 2018, the ministry of external affairs has told the Indian parliament.

The Shahid Beheshti port of Chabahar in Iran built by India has handled 12 lakh tons of cargo and 8200 containers since December 2018, the ministry of external affairs has told the Indian parliament. It was in the year 2018, an Indian company--India ports Global which had taken over the operations of the port. The port has played a key role in connecting India with Afghanistan. So far, in this financial year starting April 2020, India has sent 53,000 tons of wheat to Afghanistan. The country is sending 75,000 tons of wheat to Afghanistan as part of its COVID-19 support and eight consignments have already been shipped via Chabahar. The MEA said in a written response to the Parliament that,"In the recent past, there has been a rise in transit cargo for Afghanistan through Chabahar...Afghanistan’s exports to India are also routed via Chabahar Port" India, as part of a trilateral agreement with Tehran and Kabul, signed during Indian Prime Minister Narendra Modi's 2016 Iran visit started developing the first phase of the Shahid Beheshti port in Chabahar. Meanwhile, New Delhi has affirmed that it continues to be part of Chabahar-Zahedan railway line, that connects the Iran port to the border town of Zahedan on Iran Afghanistan border. The line will further connect India with Afghanistan. MEA, in another response to another question in the Indian parliament, said, "The two sides remain engaged on this matter....India and Iran continue to cooperate on developmental projects in Iran, including the Chabahar-Zahedan railway line." The development of the railway line was also agreed during Indian PM's Iran visit with an MoU being signed between Indian Railways’ IRCON and Iranian Railways’ CDTIC --Construction & Development of Transportation Infrastructures Company.

Iran's Shahid Beheshti built by India has handled 12 lakh tons of cargo since 2018

China has struck a deal with America's enemy - Iran. It's a $400 billion economic and security strategic partnership deal.

As always, China is using its chequebook to have its way. It has bought Iran over for $400 billion dollars. It is a 25-year strategic accord with an 18-page agreement that weds Iran to China for a quarter of a century.

Once it is signed, Iran will open its doors for Chinese investment not just in one or two sectors but&nbsp;across the Iranian economy. The Chinese presence in Iran would expand in banking, telecommunications, ports and railways, also more than a dozen projects will go to Chinese companies.

Beijing hopes to get cheap oil in return. China will walk away with a steady supply of Iranian oil at a heavily discounted rate for 25 years and this is just one side of the story of the economic aspect.

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The deal also has a military dimension. There will be reportedly joint training and exercises, joint research and weapons development, even intelligence sharing as part of the agreement.&nbsp;

The deal will fundamentally change Iran’s relationship with China. It will put Tehran in Beijing’s corner and India could see its influence diminish overtime.&nbsp;

The biggest threat is to the Chabahar port. It was seen as India’s counter to the Gwadar port in Pakistan that is part of China’s Belt and Road initiative(BRI), if China invests heavily in Iran the Chabahar port could lose its relevance.&nbsp;

However, it is hypothetical as of today. The Iran-China agreement reportedly has not been submitted for Parliament’s approval yet and hasn’t been made public. China hasn’t shared the details of the deal yet as well. The ministry of foreign affairs in Beijing was asked about it today and it didn’t share any information.

It is not yet clear if the top brass of the Communist Party has signed off on it but&nbsp;the details of the deal that have leaked are reportedly part of the “final version”. Iran is not hiding the fact that it is negotiating the agreement with China. On July 5, Iran's foreign minister Javad Zarif indicated that the deal will happen and it will be presented before Iran's Parliament for approval.

The potential agreement is a big threat to India. Historically, India and Iran have enjoyed a close relationship. India was one of the biggest buyers of Iranian oil but&nbsp;New Delhi stopped buying oil from Iran in 2019 after the United States slapped sanctions against Iran and refused to grant any waivers to India.&nbsp;

Now, Trump’s “maximum pressure” policy against Tehran has failed. China went under the nose of the Americans and managed to negotiate a deal with Tehran that could create more flashpoints in West Asia and even cost India its relationship with Iran.&nbsp;

China has struck a deal with America's enemy - Iran. It's a $400 billion economic and security strategic partnership deal. As always, China is using its chequebook to have its way.

China has struck a deal with America's enemy - Iran. It's a $400 billion economic and security strategic partnership deal. As always, China is using its chequebook to have its way. It has bought Iran over for $400 billion dollars. It is a 25-year strategic accord with an 18-page agreement that weds Iran to China for a quarter of a century. Once it is signed, Iran will open its doors for Chinese investment not just in one or two sectors but across the Iranian economy. The Chinese presence in Iran would expand in banking, telecommunications, ports and railways, also more than a dozen projects will go to Chinese companies. Beijing hopes to get cheap oil in return. China will walk away with a steady supply of Iranian oil at a heavily discounted rate for 25 years and this is just one side of the story of the economic aspect. The deal also has a military dimension. There will be reportedly joint training and exercises, joint research and weapons development, even intelligence sharing as part of the agreement. The deal will fundamentally change Iran’s relationship with China. It will put Tehran in Beijing’s corner and India could see its influence diminish overtime. The biggest threat is to the Chabahar port. It was seen as India’s counter to the Gwadar port in Pakistan that is part of China’s Belt and Road initiative(BRI), if China invests heavily in Iran the Chabahar port could lose its relevance. However, it is hypothetical as of today. The Iran-China agreement reportedly has not been submitted for Parliament’s approval yet and hasn’t been made public. China hasn’t shared the details of the deal yet as well. The ministry of foreign affairs in Beijing was asked about it today and it didn’t share any information. It is not yet clear if the top brass of the Communist Party has signed off on it but the details of the deal that have leaked are reportedly part of the “final version”. Iran is not hiding the fact that it is negotiating the agreement with China. On July 5, Iran's foreign minister Javad Zarif indicated that the deal will happen and it will be presented before Iran's Parliament for approval. The potential agreement is a big threat to India. Historically, India and Iran have enjoyed a close relationship. India was one of the biggest buyers of Iranian oil but New Delhi stopped buying oil from Iran in 2019 after the United States slapped sanctions against Iran and refused to grant any waivers to India. Now, Trump’s “maximum pressure” policy against Tehran has failed. China went under the nose of the Americans and managed to negotiate a deal with Tehran that could create more flashpoints in West Asia and even cost India its relationship with Iran.

As China eyes multi-billion dollar Iran deal, India's Chabahar port may lose relevance

Iran today said US oil sanctions were "illegal" after the<a href="https://www.wionews.com/world/will-no-longer-grant-sanctions-exemptions-to-irans-oil-customers-us-212617"> Trump administration informed</a> that it would stop all exemptions starting May to countries which traded with Tehran.

"Since the sanctions in question are principally illegal, the Islamic Republic of Iran did not and does not attach any value or credibility to the waivers given to the sanctions," the foreign ministry said in a statement.

Iranian media reported that commander of the Revolutionary Guards' said the country would close the Hormuz Strait if Tehran is barred from exporting oil.

"According to international law, the Strait of Hormuz is a marine passageway and if we are barred from using it, we will shut it down," the semi-official news agency Fars quoted General Alireza Tangsiri as saying on Monday.

"In case of any threat, we will have not even an iota of doubt to protect and defend the Iranian waters," Tangsiri added.

Iran had earlier threatened to stop ships passing through Strait of Hormuz, a major channel in the Gulf, if the US tried to halt its oil exports. Meanwhile, China said it opposes "unilateral" US sanctions against Iran.

Chinese ministry spokesman Geng Shuang said China's bilateral cooperation with Iran was in accordance with the law. Eight counties were initially given six-month reprieves from unilateral US sanctions on Iran.

Greece, Italy, Japan, South Korea and Taiwan -&nbsp;have already heavily reduced their purchases from Iran. The United States said Monday it would start imposing sanctions on countries such as India, China and Turkey that buy Iranian oil.

Secretary of State Mike Pompeo insisted that the United States would punish countries that buy Iranian oil after May 2nd.

"We've made clear -- if you don't abide by this, there will be sanctions," Pompeo told reporters. "We intend to enforce the sanctions."

Iran today said US oil sanctions were "illegal" after the Trump administration informed that it would stop all exemptions starting May to countries which traded with Tehran.

Iran today said US oil sanctions were "illegal" after the Trump administration informed that it would stop all exemptions starting May to countries which traded with Tehran. "Since the sanctions in question are principally illegal, the Islamic Republic of Iran did not and does not attach any value or credibility to the waivers given to the sanctions," the foreign ministry said in a statement. Iranian media reported that commander of the Revolutionary Guards' said the country would close the Hormuz Strait if Tehran is barred from exporting oil. "According to international law, the Strait of Hormuz is a marine passageway and if we are barred from using it, we will shut it down," the semi-official news agency Fars quoted General Alireza Tangsiri as saying on Monday. "In case of any threat, we will have not even an iota of doubt to protect and defend the Iranian waters," Tangsiri added. Iran had earlier threatened to stop ships passing through Strait of Hormuz, a major channel in the Gulf, if the US tried to halt its oil exports. Meanwhile, China said it opposes "unilateral" US sanctions against Iran. Chinese ministry spokesman Geng Shuang said China's bilateral cooperation with Iran was in accordance with the law. Eight counties were initially given six-month reprieves from unilateral US sanctions on Iran. Greece, Italy, Japan, South Korea and Taiwan - have already heavily reduced their purchases from Iran. The United States said Monday it would start imposing sanctions on countries such as India, China and Turkey that buy Iranian oil. Secretary of State Mike Pompeo insisted that the United States would punish countries that buy Iranian oil after May 2nd. "We've made clear -- if you don't abide by this, there will be sanctions," Pompeo told reporters. "We intend to enforce the sanctions."

US oil sanctions principally illegal, do not attach any value to it: Iran

India is studying the implications of the US decision to end sanctions waiver to India on import of Iranian oil, government sources said Monday.&nbsp;

In a move that could have implications on India's energy security, US President Donald Trump decided <a href="https://www.wionews.com/world/will-no-longer-grant-sanctions-exemptions-to-irans-oil-customers-us-212617">not to grant sanctions exemptions to any oil customers of Iran</a>.

In November last year, the US granted waivers to India, China, Japan, South Korea, Taiwan, Turkey, Italy and Greece for a period of six months to import oil from Iran.&nbsp;

"We have seen the announcement by the US Secretary of State. We are studying the implications of the decision and will make a statement at an appropriate time," said a source.

The US re-imposed sanctions on Iran last November after President Trump pulled out of the landmark 2015 Iran nuclear deal.

"President Donald J&nbsp;Trump has decided not to reissue Significant Reduction Exceptions (SREs) when they expire in early May. This decision is intended to bring Iran's oil exports to zero, denying the regime its principal source of revenue," White House Press Secretary Sarah Sanders said in Washington.&nbsp;

India is studying the implications of the US decision to end sanctions waiver to India on import of Iranian oil, government sources said Monday. In a move that could have implications on India's energy security, US President Donald Trump decided not to grant sanctions exemptions to any oil customers of Iran.

India is studying the implications of the US decision to end sanctions waiver to India on import of Iranian oil, government sources said Monday. In a move that could have implications on India's energy security, US President Donald Trump decided not to grant sanctions exemptions to any oil customers of Iran. In November last year, the US granted waivers to India, China, Japan, South Korea, Taiwan, Turkey, Italy and Greece for a period of six months to import oil from Iran. "We have seen the announcement by the US Secretary of State. We are studying the implications of the decision and will make a statement at an appropriate time," said a source. The US re-imposed sanctions on Iran last November after President Trump pulled out of the landmark 2015 Iran nuclear deal. "President Donald J Trump has decided not to reissue Significant Reduction Exceptions (SREs) when they expire in early May. This decision is intended to bring Iran's oil exports to zero, denying the regime its principal source of revenue," White House Press Secretary Sarah Sanders said in Washington.

Studying implications of US decision to end sanctions waiver for import of Iranian oil: Government sources

The United States announced on Monday it will no longer <a href="https://www.wionews.com/india-news/us-to-ask-india-four-other-nations-to-completely-end-iranian-oil-imports-report-212563">grant sanctions exemptions</a> to Iran's oil customers.

The White House said that<a href="https://www.wionews.com/india-news/india-delays-may-order-for-iran-oil-awaits-clarity-on-sanctions-waiver-report-209006"> Saudi Arabia and the United Arab Emirates </a>-&nbsp;close US allies that back President Donald Trump's hawkish stance against regional rival Iran -- would work to make up the difference in oil to ensure that global markets are not rocked.

"This decision is intended to bring Iran's oil exports to zero, denying the regime its principal source of revenue," the White House said in a statement.

"The Trump administration and our allies are determined to sustain and expand the maximum economic pressure campaign against Iran to end the regime's destabilizing activity threatening the United States, our partners and allies and security in the Middle East," it said.

<div class="ui-state-default" contenteditable="false">
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Saudi Arabia and others in OPEC will more than make up the Oil Flow difference in our now Full Sanctions on Iranian Oil. Iran is being given VERY BAD advice by <a href="https://twitter.com/JohnKerry?ref_src=twsrc%5Etfw">@JohnKerry</a> and people who helped him lead the U.S. into the very bad Iran Nuclear Deal. Big violation of Logan Act?
— Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/1120320642686038016?ref_src=twsrc%5Etfw">April 22, 2019</a></blockquote>
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Eight governments were initially given six-month reprieves from the unilateral US sanctions on Iran. They include India, which has warm ties with Washington but disagrees on the US insistence that Iran is a threat.

Other countries that will be affected include China and Turkey, opening up new friction in contentious relationships if the United States goes ahead with sanctions over buying Iranian oil.

The others -&nbsp;Greece, Italy, Japan, South Korea and Taiwan -&nbsp;have already heavily reduced their purchases from Iran.

Trump last year withdrew the United States from an accord negotiated by his predecessor, Barack Obama, under which Iran drastically scaled back its nuclear program in return for promises of sanctions relief.

The Trump administration, backed by Saudi Arabia and Israel, has instead unilaterally imposed sanctions and demanded that other countries follow suit.

US officials say that they are aiming at choking off Iranian revenue so as to reduce the clerical regime's regional clout, notably its support for militants groups such as Lebanon's Hezbollah.

The United States announced on Monday it will no longer grant sanctions exemptions to Iran's oil customers. The White House said that Saudi Arabia and the United Arab Emirates - close US allies that back President Donald Trump's hawkish stance against regional rival Iran -- would work to make up the difference in oil to ensure that global markets are not rocked.

The United States announced on Monday it will no longer grant sanctions exemptions to Iran's oil customers. The White House said that Saudi Arabia and the United Arab Emirates - close US allies that back President Donald Trump's hawkish stance against regional rival Iran -- would work to make up the difference in oil to ensure that global markets are not rocked. "This decision is intended to bring Iran's oil exports to zero, denying the regime its principal source of revenue," the White House said in a statement. "The Trump administration and our allies are determined to sustain and expand the maximum economic pressure campaign against Iran to end the regime's destabilizing activity threatening the United States, our partners and allies and security in the Middle East," it said. Saudi Arabia and others in OPEC will more than make up the Oil Flow difference in our now Full Sanctions on Iranian Oil. Iran is being given VERY BAD advice by @JohnKerry and people who helped him lead the U.S. into the very bad Iran Nuclear Deal. Big violation of Logan Act? — Donald J. Trump (@realDonaldTrump) April 22, 2019 × Eight governments were initially given six-month reprieves from the unilateral US sanctions on Iran. They include India, which has warm ties with Washington but disagrees on the US insistence that Iran is a threat. Other countries that will be affected include China and Turkey, opening up new friction in contentious relationships if the United States goes ahead with sanctions over buying Iranian oil. The others - Greece, Italy, Japan, South Korea and Taiwan - have already heavily reduced their purchases from Iran. Trump last year withdrew the United States from an accord negotiated by his predecessor, Barack Obama, under which Iran drastically scaled back its nuclear program in return for promises of sanctions relief. The Trump administration, backed by Saudi Arabia and Israel, has instead unilaterally imposed sanctions and demanded that other countries follow suit. US officials say that they are aiming at choking off Iranian revenue so as to reduce the clerical regime's regional clout, notably its support for militants groups such as Lebanon's Hezbollah.

Will no longer grant sanctions exemptions to Iran's oil customers: US

India&#39;s&nbsp;oil&nbsp;imports&nbsp;from Iran fell 3.5 per cent in&nbsp;May&nbsp;from April&nbsp;as Mangalore Refinery and Petrochemicals Ltd(MRPL) cut purchases because of the&nbsp;shutdown of some&nbsp;units&nbsp;at its plant.

Indian refiners took about 379,200 barrels per day (bpd) of&nbsp;Iranian&nbsp;oil&nbsp;in&nbsp;May, down 13,700 bpd from the 392,900 bpd imported in April, according to preliminary tanker arrival data from trade sources and ship-tracking services on the Thomson Reuters terminal.

May&nbsp;shipments were 3 per cent higher than the 368,000 bpd taken in during the same time a year ago, the data showed.

Last month,&nbsp;MRPL&nbsp;shut&nbsp;a 60,000 bpd crude distillation unit, a coker and a diesel hydrotreater, along with some other&nbsp;units&nbsp;because of an acute water shortage in the state of Karnataka where its refinery is located. This caused&nbsp;MRPL&#39;s&nbsp;imports&nbsp;of&nbsp;Iranian&nbsp;crude to drop to 58,000 bpd from about 110,200 bpd in April.

India&#39;s&nbsp;oil&nbsp;imports&nbsp;from Iran are expected to surge in the coming months when refiners Hindustan Petroleum Corp and Bharat Petroleum Corp begin lifting Iranian&nbsp;oil.

India&#39;s state-owned and private refiners together are expected to buy at least 400,000 bpd in the year that began April 1, a seven-year high, industry sources said early last month.

In the first two months of this fiscal year, Indian refiners shipped in about 386,000 bpd of&nbsp;Iranian oil, a jump of 21.8 per cent from a year ago, the data show.

In&nbsp;May, Essar&nbsp;Oil&nbsp;continued to be the biggest Indian importer of&nbsp;Iranian&nbsp;oil, taking about 190,000 bpd. Reliance Industries Ltd resumed&nbsp;imports&nbsp;from Iran after skipping them in April, taking about 100,000 bpd.

Reliance resumed&nbsp;imports&nbsp;from Iran in March after a gap of about six years.

Indian&nbsp;Oil&nbsp;Corp shipped in about 31,000 bpd of&nbsp;Iranian&nbsp;oil&nbsp;last month.

In the first five month of 2016, India&#39;s&nbsp;oil&nbsp;imports from Iran&nbsp;have surged about 64.5 per cent to 334,100 bpd, the data showed, in comparison with 203,100 bpd in the same period last year.

India reduces oil purchases from Iran by 3.5 per cent in May as Mangalore Refinery and Petrochemicals Ltd close down partially

India's oil imports from Iran fell 3.5 per cent in May from April as Mangalore Refinery and Petrochemicals Ltd(MRPL) cut purchases because of the shutdown of some units at its plant. Indian refiners took about 379,200 barrels per day (bpd) of Iranian oil in May, down 13,700 bpd from the 392,900 bpd imported in April, according to preliminary tanker arrival data from trade sources and ship-tracking services on the Thomson Reuters terminal. May shipments were 3 per cent higher than the 368,000 bpd taken in during the same time a year ago, the data showed. Last month, MRPL shut a 60,000 bpd crude distillation unit, a coker and a diesel hydrotreater, along with some other units because of an acute water shortage in the state of Karnataka where its refinery is located. This caused MRPL's imports of Iranian crude to drop to 58,000 bpd from about 110,200 bpd in April. India's oil imports from Iran are expected to surge in the coming months when refiners Hindustan Petroleum Corp and Bharat Petroleum Corp begin lifting Iranian oil. India's state-owned and private refiners together are expected to buy at least 400,000 bpd in the year that began April 1, a seven-year high, industry sources said early last month. In the first two months of this fiscal year, Indian refiners shipped in about 386,000 bpd of Iranian oil, a jump of 21.8 per cent from a year ago, the data show. In May, Essar Oil continued to be the biggest Indian importer of Iranian oil, taking about 190,000 bpd. Reliance Industries Ltd resumed imports from Iran after skipping them in April, taking about 100,000 bpd. Reliance resumed imports from Iran in March after a gap of about six years. Indian Oil Corp shipped in about 31,000 bpd of Iranian oil last month. In the first five month of 2016, India's oil imports from Iran have surged about 64.5 per cent to 334,100 bpd, the data showed, in comparison with 203,100 bpd in the same period last year.

India's oil imports from Iran dip in May

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