The end on Thursday of US sanctions waivers for purchases of Iranian oil is likely to hit India’s economy hard, increasing fuel costs and quickening inflation, analysts say.
Discussions between Britain and the United States on building up their military presence in the Gulf are ongoing, Prime Minister Theresa May’s spokeswoman, Alison Donnelly, said on Friday amid tensions with Iran.
Three Iranian vessels tried to block a BP-operated tanker passing through the Strait of Hormuz but backed off when confronted by a Royal Navy warship, the UK government said on Thursday.
Iran hinted on Wednesday it is open to a tanker swap with Britain as the owners of a UK-flagged ship seized by the Islamic republic expressed hopes for “positive progress” after speaking to its crew.
Iran’s state TV says 18 people were killed and 14 injured in two separate road accidents in the country.
US President Donald Trump warned on Monday that Iran is “playing with fire” after Tehran said it exceeded a limit on enriched uranium reserves under a 2015 nuclear deal abandoned by Washington.
Britain said on Monday there was a “small window” of time to save the Iran nuclear deal, as Tehran signalled it would resume its nuclear programme − seen by the West as a cover for making atomic bombs − if Europe failed to do more to salvage the pact.
"There are 18 Indian and five crew members from Russia, Philippines, Latvia and other countries on board of Stena Impero. The captain is Indian, but the tanker is UK-flagged."
President Donald Trump’s administration on Tuesday appeared set on easing weeks of escalating tensions with Iran, assuring worried lawmakers it does not seek war and crediting robust US military moves with deterring the clerical regime.