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Showing posts from January 9, 2019

INDIA BEGINS PAYING FOR IRANIAN OIL IN RUPEES

Click to see the full-size image India began paying for Iranian crude oil in rupees,  Charan Singh, executive director at Indian state-owned UCO Bank told Reuters on January 8 th . This is the first such payment since the US reimposed its second batch of sanctions on November 5 th , 2018.  This is in continuation of a previous story , in which India said it had not yet worked out a payment mechanism to circumvent the sanctions. India was one of eight countries that received a six-month waiver from the sanctions, allowing them to import some Iranian oil. Click to see the full-size image “India, the world’s third biggest oil importer, wants to continue buying oil from Iran as it offers free shipping and an extended credit period, while Iran will use the rupee funds to mostly pay for imports from India,” Reuters reported. “Today we received a good amount from some oil companies,” Charan Singh said. He did not disclose the names of the refiners or how much had ...

JORDANIAN FOREIGN MINISTER DEMANDS ISRAEL TO RETURN GOLAN HEIGHTS TO SYRIA DURING JOINT PRESS CONFERENCE WITH US SECRETARY OF STATE

Click to see the full-size image On January 8 th ,  Jordan’s Foreign Minister, Ayman Safadi described  the Golan Heights as occupied Syrian territory and demanded that Israel withdraw its forces from the area. Safadi’s comments came during a joint press conference with US Secretary of State Mike Pompeo, who landed in Amman earlier in the day. “The Golan Heights are occupied Syrian territory. International law is clear on that. It has to be treated as such,” Safadi told reporters. “Therefore, our position is that Israel needs to withdraw from that territory in the framework of a peace agreement,” he added. Elijah J. Magnier @ejmalrai # Jordan rejected the # US proposal, endorsing the # Israel /I wil, to consider the occupied Golan Heights as an Israeli territory. Jordan said clearly to @ SecPompeo that the # GolanHeights is a # Syrian territory and that # Israel should pull out immediately. 240 17:14 - 8 Jan 2019 Twitter Ads inf...