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China warns of retaliation as Trump’s Iran tariff threat hits oil imports

China warns of retaliation as Trump’s Iran tariff threat hits oil imports

President Trump announced that any country “doing business” with Iran would face a 25% tariff on trade with the United States. The move could impact Iran’s major trading partners, including China, India, and the United Arab Emirates.

13 Jan 2026 8:37 PM IST

Involved in Iranian oil sales: Trump sanctions Indian firms, persons

Involved in Iranian oil sales: Trump sanctions Indian firms, persons

21 Nov 2025 3:28 PM IST

India seeks US nod for Iranian crude oil as alternative to Russia

India seeks US nod for Iranian crude oil as alternative to Russia

Since India imports nearly 90% of its oil, the cheaper Russian barrels have helped ease its import costs. Iranian and...

26 Sept 2025 5:55 PM IST

US sanctions 4 Indian companies over alleged Iran oil trade

US sanctions 4 Indian companies over alleged Iran oil trade

As part of the US "maximum pressure campaign" on Iran, OFAC and the State Department sanctioned over 30 entities,...

25 Feb 2025 5:18 PM IST

35 entities, vessels sanctioned by US for transporting Iranian oils

35 entities, vessels sanctioned by US for transporting Iranian oils

Department of Treasury said this action imposes additional costs on Iran's petroleum sector following Iran's attack...

4 Dec 2024 9:33 AM IST