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US asks nations to stop Iranian oil import by Nov.4 or face sanctions

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US asks nations to stop Iranian oil import by Nov.4 or face sanctions

India is second largest buyer of Iranian oil

In an unprecedented move the United States administration has warned countries around the world  that they must stop buying Iranian oil before Nov 4 or face a renewed round of American economic sanctions. India is the second largest buyer of Iranian oil after China.

According to AFP, a senior State Department official warned foreign capitals “we’re not granting waivers” and described tightening the noose on Tehran as “one of our top national security priorities”.

The US move has come on the day when Iranian President Hassan Rouhani said that US left the multilateral  nuclear deal with Iran at a great cost, emphasising that Washington will fail to break the Iranian nation by resorting to “psychological” and “political” war.

Read More: India to continue trade with Iran despite US sanctions threat

He reportedly said on Tuesday, “The Islamic Republic’s tactful performance forced the Americans to leave the JCPOA (Joint Comprehensive Plan of Action) while bearing the highest cost.”

Rouhani further said the US was hoping all along that Iran too would leave the agreement shortly so the country’s case could be referred to the Security Council and made subject to the Chapter VII of the UN Charter- which authorizes the use of force.

On May 9, US President Donald Trump had withdrew the US from Iran nuclear deal and announced to re-impose US sanctions that had been suspended in January 2016 in return for controls on Tehran’s nuclear program. The JCPOA was signed in 2015 between Iran and P5+1, the five permanent Security Council members and Germany.

With the new warning to the countries buying Iranian oil to stop it by November 4, US is now stepping up pressure on other countries to follow suit, including European allies who begged him to stay in the accord. India, Japan and China had also asked US not to withdraw from the multilateral Iranian nuclear deal.

European countries have been attempting to negotiate exemptions for their firms, but the US official has confirmed that Trump intends to stick to his 180-day deadline, expiring Nov 4.

Read More: Iran to US: Who are you to decide for Iran and the World?

“I would be hesitant to say zero waivers ever,” he said, but added that the official position is: “No, we’re not granting waivers.”

AFP further reports that the senior US anonymous official has admitted that this would be unpopular. “I don’t think the Japan­ese answer was particularly different than other oil importing countries,” the official said. He also added that he plans to visit China and India soon to discuss the matter.

“This is a challenge for them, this is not something that any country that imports oil from Iran … wants to do voluntarily because, you know, we’re asking them to make a policy change”.

He further said, “China, India? Yes, certainly their companies will be subject to the same sanctions that everybody else is. We will certainly be requesting that their oil imports go to zero”.

US asks nations to stop Iranian oil import by Nov.4 or face sanctions

On May 29, Minister of External Affairs Sushma Swaraj, while addressing her annual press conference, the day when she met Iranian foreign minister Javad Zarif in New Delhi, said, “We believe in UN sanctions. We don’t believe in country-specific mentions.”

Read More: Iran ask EU to stand up against US for Nuclear deal

She refused to back America’s sanctions on Iran following the Donald Trump administration’s decision to pull out of the multilateral nuclear deal. She was responding to a question on how India was coping with the US decision to pull out of JCPOA.

On the same day, Iran’s foreign minister Javad Zarif told official IRNA news agency on his arrival at New Delhi that “ways to safeguard both countries’ economic interests” after US decision would be discussed in his meeting with Swaraj.

After meeting between the two foreign ministers, Iranian Embassy source told that exploring alternative channels for payments for crude imports, in face of US sanctions on Iranian companies, was discussed among other issues.

Read More: Russia, China to Continue Support Iran Nuclear Deal

India has recently imposed additional tariffs on certain US products in retaliation to the similar move by Washington. Earlier this month, Trump faced isolation during recent G7 summit in Quebec, Canada  skipping several sessions on climate change, clean energy and oceans.

Trump was confronted with tough questions from European leaders, especially from German Chancellor Angela Markel, French President Emanuel Macron and British PM Theresa May on the controversial trade tariff rise by Washington.

Read more: Sushma meets Mogherini, discuss bilateral ties, Iran deal

Similarly, Trump left the “historical” June 12 summit with North Korean leader Kim Jong-un in a hasty manner, a day before his earlier plan to depart from Singapore. Earlier these kind of “unfriendly” gestures were rarely seen in the international diplomacy.

Read More: Iran warns US not to withdraw from n-deal or face consequences

Since Trump occupied White House in January 2017, US administration has withdrawn from Paris Climate agreement, Iran nuclear deal and has threatened to leave NATO. In May last year a White House official said that Trump would consider leaving North Atlantic Treaty Organization (NATO) if member states do not follow through with pledges to increase their annual contributions to the alliance.

India News

PM Modi-Xi meeting: Xi says India, China can learn from each other’s strengths

PM Modi and Xi Jinping held bilateral talks on the sidelines of the BRICS Summit, with discussions focused on border peace, bilateral relations and cooperation.

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China President Xi Jinping

Chinese President Xi Jinping said India and China can learn from each other’s strengths and support one another as he held bilateral talks with Prime Minister Narendra Modi in New Delhi on Saturday.

The meeting took place on the sidelines of the BRICS Summit 2026 during Xi’s two-day visit to India. It was his first visit to the country in seven years. The discussions covered bilateral relations, border issues, trade and investment.

PM Modi stresses importance of border peace

Prime Minister Narendra Modi emphasised that peace and tranquillity in the border areas are essential for the continued development of India-China relations.

He also underlined the need for both countries to follow existing agreements and understandings related to border issues. The two leaders reaffirmed their commitment to pursuing a fair, reasonable and mutually acceptable resolution of the boundary question while keeping the long-term interests of both countries in mind.

The two sides also noted steady progress in bilateral relations since Modi and Xi last met in Tianjin in August 2025.

Modi stressed that differences between India and China should not turn into disputes. He said the relationship should be guided by three principles — mutual respect, mutual sensitivity and mutual interest.

Xi calls for long-term India-China ties

During the meeting, Xi Jinping said China has consistently viewed its relationship with India from a strategic and long-term perspective.

He recalled that he and Modi have met 21 times over the years and said these meetings had helped guide India-China relations towards steady development.

Xi said that despite differences in their national conditions, India and China could learn from each other’s strengths, support one another and pursue common development.

He also highlighted the responsibilities of India and China as two of the world’s most populous countries and important members of the Global South.

Both sides review bilateral relations

The two leaders carried out a comprehensive review of India-China relations and discussed measures to expand engagement.

The talks also highlighted the importance of maintaining peace and tranquillity along the border and continuing cooperation based on mutual respect, mutual sensitivity and mutual interest.

After the meeting, Modi said the two sides had reviewed the full range of India-China relations. He also conveyed India’s best wishes to China ahead of its BRICS presidency next year.

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Bank holiday on September 14: Banks closed in these cities

Banks will remain closed on September 14 in nine cities, including Mumbai, Bengaluru, Chennai and Hyderabad, due to Ganesh Chaturthi and related festival observances.

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Bank holidays

The bank holiday on September 14 will affect branches in select cities across India as banks observe a regional holiday for Ganesh Chaturthi and related festival observances.

September 14, 2026, falls on a Monday and is listed as a holiday for Ganesh Chaturthi, Ganesh Puja, Varasiddhi Vinayaka Vrata, Vinayakar Chathurthi and Hartalika in certain banking centres.

Bank holiday on September 14: Full city-wise list

According to the holiday listings, bank branches will remain closed on September 14 in the following centres:

CityFestival/occasion
BelapurGanesh Chaturthi/Ganesh Puja/related observances
BengaluruGanesh Chaturthi/Ganesh Puja/related observances
BhubaneswarGanesh Chaturthi/Ganesh Puja/related observances
ChennaiGanesh Chaturthi/Ganesh Puja/related observances
HyderabadGanesh Chaturthi/Ganesh Puja/related observances
MumbaiGanesh Chaturthi/Ganesh Puja/related observances
NagpurGanesh Chaturthi/Ganesh Puja/related observances
PanajiGanesh Chaturthi/Ganesh Puja/related observances
VijayawadaGanesh Chaturthi/Ganesh Puja/related observances

The holiday is therefore not applicable to bank branches across the entire country. Bank holidays in India vary by state and banking centre, depending on local festivals and occasions.

Why are banks closed on September 14?

September 14 marks Ganesh Chaturthi in 2026. The festival falls on Monday this year, with the date confirmed as September 14.

The banking holiday calendar uses different names for the observance across centres, including Ganesh Chaturthi, Ganesh Puja, Varasiddhi Vinayaka Vrata, Vinayakar Chathurthi and Hartalika.

The National Stock Exchange’s 2026 holiday circular also lists September 14 as a trading holiday for Ganesh Chaturthi.

Will online banking services work on September 14?

The closure applies to physical bank branches in the affected centres. Customers can generally continue to use digital banking channels such as mobile banking, internet banking and UPI, although specific services can depend on the bank.

Customers who need to visit a branch for cash deposits, withdrawals, account-related work or other in-person services should check the holiday status of their particular branch before visiting.

What about banks in other cities?

Banks in cities that are not covered by the September 14 regional holiday are not automatically closed because of Ganesh Chaturthi.

The bank holiday calendar is centre-specific, so customers should check their bank’s branch holiday schedule before planning a branch visit.

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India News

Harish Rawat quits Congress posts after ED raid on aide

Former Uttarakhand chief minister Harish Rawat resigned from two Congress posts after the ED searched his aide Chandan Singh Jeena’s premises in a money laundering probe.

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Harish Rawat

Former Uttarakhand chief minister Harish Rawat has resigned from two organisational positions in the Congress after the Enforcement Directorate (ED) conducted searches at the premises of his personal assistant, Chandan Singh Jeena.

Rawat announced his decision on Friday, saying he did not want the controversy surrounding his close associate to weaken the Congress’s campaign against corruption. He stepped down as a member of the Uttarakhand Pradesh Congress Committee executive and as a permanent invitee to the Congress Working Committee.

The ED searches were linked to a money laundering investigation concerning alleged irregularities in the 2016 Gram Panchayat Vikas Adhikari examination conducted by the Uttarakhand Subordinate Service Selection Commission (UKSSSC).

What ED recovered from Rawat’s aide

The ED carried out searches at multiple locations in Dehradun, including premises connected with former UKSSSC officials, a private computer agency involved in processing OMR sheets and alleged middlemen.

According to the agency, its search of Jeena’s residence resulted in the seizure of Rs 32 lakh in unaccounted cash, gold coins and chains weighing around 200.5 grams, and 12 luxury watches.

The gold comprised 13 coins and seven chains. The watches included brands such as Rolex, Rado, Piaget, Movado, Tissot and Casio Edifice, according to the ED.

The agency also said bank accounts belonging to Jeena and his family members containing Rs 52.16 lakh were frozen. His mobile phone was seized for forensic examination.

The ED alleged that Jeena had made substantial cash expenditures for which no legitimate source of income could be established. It also said unaccounted cash, jewellery and other valuables were recovered from some former UKSSSC officials and associated individuals.

What is the UKSSSC exam case?

The ED’s money laundering investigation stems from four FIRs registered by the Uttarakhand Police and Vigilance Bureau over alleged irregularities in the 2016 Gram Panchayat Vikas Adhikari examination.

According to the agency, OMR answer sheets were allegedly removed from secure custody and taken to the residence of the commission’s then secretary. Roll numbers of under-filled answer sheets were recorded and passed to personnel of a private computer agency.

The ED has alleged that answer bubbles were subsequently filled or altered fraudulently before the sheets were resealed, with illegal payments allegedly routed through middlemen.

Jeena is currently serving as Rawat’s personal assistant. He had earlier served as Rawat’s officer on special duty when Rawat was Uttarakhand chief minister between 2014 and 2017.

What Harish Rawat said

Reacting to the allegations, Rawat said he found it difficult to believe that Jeena had been involved in wrongdoing. He acknowledged Jeena’s association with him and said the truth behind the allegations would emerge with time.

Rawat said that if evidence showed Jeena had tampered with OMR sheets in the recruitment examination, he would be ashamed of such conduct, while adding that he did not believe the allegation.

Explaining his resignation, Rawat said Uttarakhand politics was entering an election phase and that attempts were being made to create a narrative against him.

He said Congress and its workers were fighting corruption and that he did not want any action associated with him to weaken the party’s campaign. Since he did not hold a government position from which he could resign, he chose to step down from his organisational responsibilities in the party.

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