About Energy | US influence on the India-Iran energy relations
Iran and the United States have had no formal diplomatic relations since Pakistan serves In , the United States Navy was warned that Iran was preparing suicide attack boats and was building up its naval forces in the Gulf region. with foreign minister as hopes grow for a timetable to end bitter stalemate". As the USA withdraw from the Iran nuclear agreement, the Between and , India gradually reduced its oil imports from Iran, but did. Inside the Year Standoff Over Iran's Frozen U.S. Dollars When the Before this month, the record low was about 40,, hit in late , traders said. last Iranian calendar year (ending March 20, ), Iran produced , tons U.S.-Iran relations have been affected by a series of tragic historical.
The Australian government has found these positions deeply unpalatable and has consistently said so. But our generally cordial relationship with Iran and the strong trade and commercial links between our two countries have put us in a strong position to maintain a much more direct and critical dialogue with the Iranians on these issues than would otherwise have been possible.
Extraterritorial measures are inconsistent with basic principles of international law. They seek to impose punitive measures on third-country investors and impinge on the sovereignty of other countries. Australia argues that the most effective way for the US to achieve foreign policy objectives is to work closely and cooperatively with its partners.
My colleague the Minister for Foreign Affairs and I during recent visits to Washington have expressed to senior representatives of the US administration and to Congress our opposition to such legislation. Foreign Minister Downer said in parliament: Australia, along with over eighty other countries, maintains full diplomatic relations with Iran.
He said following the visit: At the same time, the EU was conducting discussions on human rights with Iran. In return, the E-3 promised to supply Iran with modern technology once the peaceful nature of its nuclear program was verified.
I know that the United States, the United Kingdom and many other countries appreciate the very significant role Australia plays throughout the world in the war against terrorism and the influence Australia was able to bring to bear on a country like Iran, in encouraging Iran to be a good deal more decisive in the action it takes against al-Qaeda than has been the case in the past.
TIMELINE-U.S.-Iran relations from coup to sanctions relief | Reuters
Through ministerial and diplomatic contacts, we continued to emphasise to Iran that it must cooperate fully with the IAEA to resolve outstanding questions about its nuclear program. As middle powers, unencumbered by a colonial or imperial past, Canberra and Ottawa have had wider diplomatic opportunities in relation to Iran not available to their Western counterparts after the Revolution.
Yet the intensity of Canadian and Australian relations with their long-time allies has often placed them at diplomatic odds with all sides.
The Australian Government remains deeply concerned about the human rights situation in Iran, including the use of capital punishment, in particular for juvenile offenders; violations of political and media freedoms; and discrimination against religious and ethnic minorities. The Government has repeatedly and strongly urged the Iranian authorities to respect the human rights of its citizens. Australia—Iran trade, year ending 30 June — On 29 Julythe then Minister for Foreign Affairs, Stephen Smith, announced a new round of sanctions against Iran and a list of individuals and entities was subsequently released on 5 August On 1 January Australia took up a two-year rotating seat on the member UNSC, the primary UN organ responsible for the maintenance of international peace and security.
With our position on sanctions against Iran, a series of decisions has been taken in consultation with the US and the countries of the EU. Opposition MP Luke Simpkins put forward a motion on 11 Februarywhich called for a tougher approach to Iran, but it did not receive bipartisan support.
TIMELINE-U.S.-Iran relations from 1953 coup to 2016 sanctions relief
The numbers are revealing. InReliance imported approximately 67, barrels per day bpd worth of crude from Iran. These imports increased to 96, bpd during the first quarter of Other Indian oil companies have already begun to follow suit.
According to recent data, Nayara buys approximately 5. Company management is optimistic that it will be able to find alternatives to compensate for the loss from Iran.
Insurance Challenges Second, refiners seeking to maintain present crude import levels from Tehran will be forced to contend with global insurance and shipping companies increasingly unwilling to engage in Iran-related transactions due to the looming sanctions risk.
Shipping companies are similarly unwilling to transport Iranian oil targeted by US sanctions, especially if the cargo is uninsured. The dilemma is the same one that confronted Indian and other oil companies between and when sanctions were previously in effect against the Persian Gulf nation. After Western sanctions were first imposed, the London-based International Group of Protection and Indemnity Clubs IG Clubs stopped providing third-party liability coverage to tankers transporting Iranian oil.
The absence of established insurers resulted in the emergence of new, less reputable insurance providers, underscoring the precariousness of India-Iran oil trade. Oil tankers from the National Iranian Tanker Company were dispatched to deliver crude to refiners in India, while exports of non-oil commodities and industrial goods employed ships from two prominent, but local, Iranian shipping companies.
The approvals were granted initially on a quarterly basis, and then every six months thereafter. Based on this previous practice, officials from the Persian Gulf nation are now seeking to obtain permanent authorization from India for these two local underwriters to provide coverage to Iranian tankers transporting crude to India to preserve current import levels after US sanctions come back into effect.
At the time of this writing, decision makers in New Delhi have yet to respond to the proposal.
Iran Digest Week of December 23 - 30 — American Iranian Council
In the past, India demanded that Tehran provide a high-value bank guarantee through a non-exposed Indian financial institution in the event of any major maritime accident in Indian waters involving the local Iranian vessels.
Payment Problems Third, payment for Iranian crude imports to India will once again resurface as a serious obstacle for both countries. Without access to the US financial system, India and Iran will have to resurrect complex rupee payment mechanism to facilitate and preserve their oil trade akin to what was done during the last round of sanctions.
Once again, past practice is instructive and does not portend well for the future.
Before this month, the record low was about 40, hit in latetraders said. Economists said there were several reasons for the slide, including the dollar's strength against many currencies in the last few weeks, and uncertainty before next year's presidential elections in Iran.
Reuters Why Iran's 'green gold' is set to rebound While Iran may be known for its massive oil and natural gas reserves to many people around the world, it is also known to some for its top-quality pistachios. Production of the nut in Iran dates to the fifth century B.
US influence on the India-Iran energy relations
Iran was for a time the unrivaled, leading producer of pistachios, with southeastern Kerman province being the hub of production for so-called green gold. Tehran's Battle for Clean Air Nested on the southern portion of the Alborz mountain range, Tehran's prime location historically provided protection and freshwater sources to Iranians, earning the title as the nation's capital in the late 18th century.
The Alborz Mountains, which once stood as an emblem of protection for the Iranian people, have become a key obstacle in pollution alleviation. Strong winds from the western and southern belts of Tehran blow pollution from industrial factories to the center, which become captured by the mountain range in the north and east in what some refer to as a "gas chamber".
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Last month, a natural-color image produced by NASA revealed an alarming grey streak of heavy smog over Tehran. This same smog resulted in Iranian lives lost in the last few weeks in the nation's capital from pollution-related causes. The images by Saeed Gholamhoseini were shot in Shahriar, some 12 miles west of Tehran, and published in the Shahrvand daily, a Persian-language newspaper, which said some 50 men, women and children, many of them drug addicts, live in the cemetery.
In one of the images published this week, a grime-streaked man rises out of a grave, smoke from a fire providing warmth inside rising around him.