Iran, Ali Khamenei and Supreme Leader
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India will be officially represented at Khamenei's funeral by Bihar Governor Syed Ata Hasnain and Minister of State for External Affairs Pabitra Margherita, The Indian Express reported.
After months of shortages and uncertainty, India sees an opportunity to restore a once-crucial energy relationship.
Ro Khanna has slammed Trump’s Iran war, saying it damaged US credibility and hurt allies like India. He said the conflict pushed up energy costs and strained US-India ties.
US-Iran war LIVE: Iran's joint military command on Thursday warned that all oil tankers passing through the Strait of Hormuz must follow routes approved by Tehran or face a "forceful response", raising fresh concerns over security in one of the world's most important energy shipping lanes.
By Nidhi Verma NEW DELHI, June 25 (Reuters) - Several middlemen have offered Indian refiners discounted Iranian oil as Tehran looks to expedite sales after Washington's temporary sanctions waiver, Indian refining sources said.
Iranian negotiators have left Doha as the Islamic Republic pauses diplomacy ahead of a multi-day funeral for Supreme Leader Ayatollah Ali Khamenei. Follow along for live updates.
The average price of the Indian basket of crude fell to $68.86 a barrel, down more than 56% from a peak of $157.04 on March 23 after the outbreak of the war.
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Iran-US interim peace deal may support India's growth but inflation and fiscal risks remain: RBI
India's economy shows resilience despite global turbulence, with an interim Iran-US peace deal potentially boosting supply chains and easing geopolitical pressures, according to the RBI's Financial Stability Report.
