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US Pressure to Stop Buying Iran’s Oil May Trigger Crisis

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US Pressure to Stop Buying Iran’s Oil May Trigger Crisis

President Hassan Rouhani Threatens for Consequences

The US pressure on global community to stop buying Iranian oil by early November may trigger a regional crisis and force Iran to completely stop oil movement in the region. This was indicated by Iranian President Hassan Rouhani on Monday when he stressed that “it is not possible for the region’s oil to be exported while Iran’s oil is not”.

While addressing Iranian Diaspora in Swiss capital Bern, Rouhani said, “It would be meaningless that Iran cannot export its oil while others in the region can. Do this if you can and see its consequences.” Observers believe this could be serious threat.

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

He said that Iranian nation has never bowed and will never bow to the foreign pressures. He said that Swiss officials have voiced their support to JCPOA and reiterated for continuation of economic ties with Iran. Representatives of 40 Swiss companies are scheduled to hold talks with Iranian counterparts on Tuesday, he informed.

Rouhani is currently visiting Europe to discuss the fate of the multilateral nuclear deal after US withdrawal. After visiting Switzerland he is scheduled to go to Austria where he will meet President Alexander Van der Bellen and Chancellor Sebastian Kurs.

Read More: India under US pressure to cut oil imports from Iran, Govt says exploring all options

On Monday, Rouhani met his Swiss counterpart Alain Berset and discussed issues of common interest and explored the ways to strengthen ties in various fields. He described the Iran deal as “multilateral international agreement” adding that the US withdrawal from the accord proved its lack of commitment to its international obligations.

US Pressure to Stop Buying Iran’s Oil May Trigger Crisis

Meanwhile, Brian Hook, the State Department Director of Policy Planning, on Monday, has spelled out a campaign of “maximum economic and diplomatic pressure” to drive Iran towards negotiating a “better” deal to replace the Iran nuclear deal.

He told reporters that Iran is not a “normal” country and must meet 12 demands in order to be relieved of US sanctions. “Normal countries don’t terrorize other nations, proliferate missiles and impoverish their own people,” he said.

He further said, “This new strategy is not about changing the regime, it is about changing the behaviour of the leadership in Iran to comport with what the Iranian people really want them to do.”

Read More: US urge Security Council to punish Iran for malign behaviour

US Department of State called on its allies in Europe, Asia and the Middle East to adhere to the sanctions with the aim of pressuring Iran into negotiating a new agreement.

By the end of this week Hook is scheduled to visit aome European allies: Britain, France and Germany to discuss Iran. Hook has also said he and senior Treasury Department officials would visit Gulf states “in the coming days.”

Hook told reporters that the goal of the US was to get as many countries as possible down to zero Iranian oil imports. “Our goal is to increase pressure on the Iranian regime by reducing to zero its revenue on crude oil sales,” he said.

“We are working to minimize disruptions to the global market but we are confident there is sufficient global spare oil capacity.”

Read More: Khamenei: US will fail in dividing Iran’s people and government

He also claimed that more than 50 international firms have already announced their intention to leave the Iranian market, especially in the energy and financial sectors.

The State Department official said that new sanctions, describes as “snap back” sanctions, will begin on August 4, targeting Iran’s automotive sector and its trade in gold and other key metals.

The second set of sanctions will snap back on November 6 targeting Iran’s energy sector, focusing on petroleum-related transactions, plus transactions with the central bank of Iran.

The move comes two months after US President Donald Trump announced US withdrawal from the Iran nuclear deal.

During 1980-1988 Iraq-Iran war, when most of the Arab states and Western countries were supporting Iraq’s Saddam Hussein regime against newly established Islamic Republic of Iran after throwing pro-US Shah Pehlavi out of power, Tehran had threatened to stop oil movement from regional Arab countries by blocking the Strait of Hormuz, the world’s most strategic important choke point. It is the narrowest strait having width of 54 kms.

Observers consider that Iran’s President Hassan Rouhani’s threat of “consequences” in case Iran’s oil was not allowed to be exported may cause a huge crisis in the region.

US Pressure to Stop Buying Iran’s Oil May Trigger Crisis

Meanwhile Major General Gholam Ali Rashid, a senior commander of Islamic Revolution Guards Corps (IRGC), said on Monday, that any threat against Iran at any level will not be left unanswered and emphasised that the country’s armed forces were fully prepared to give a firm and crushing response to enemies.

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India envoy Dinesh Trivedi meets PM Modi after talks with Bangladesh PM Tarique Rahman 

India’s High Commissioner to Bangladesh Dinesh Trivedi met PM Modi after talks with Bangladesh PM Tarique Rahman amid diplomatic tensions.

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India’s High Commissioner to Bangladesh Dinesh Trivedi met Prime Minister Narendra Modi in New Delhi on Tuesday, a day after his meeting with Bangladesh Prime Minister Tarique Rahman in Dhaka.

According to the High Commission of India in Bangladesh, Trivedi sought PM Modi’s guidance on further strengthening the bilateral relationship between India and Bangladesh through a constructive and people-centric approach.

The meeting came a day after Trivedi held discussions with Tarique Rahman on matters of mutual interest and ways to advance ties between the two neighbouring countries.

Dinesh Trivedi Meets Bangladesh PM

During his meeting with Tarique Rahman on Monday, Trivedi conveyed greetings from Prime Minister Modi and reiterated India’s commitment to working with the Bangladeshi administration and its people in a positive, constructive and forward-looking manner.

The two sides discussed issues of mutual interest and explored avenues for strengthening India-Bangladesh relations with a people-centric approach.

The engagement took place at the Prime Minister’s Office in the Cabinet Division at the Bangladesh Secretariat. Trivedi also shared his experience of serving in Dhaka over the previous two months.

Sheikh Hasina Extradition Request

The meeting assumed significance as Bangladesh has expressed hope that India will expedite the extradition process involving former Prime Minister Sheikh Hasina, who was ousted following a student-led uprising in 2024.

According to a statement issued by the Bangladesh Prime Minister’s Office, Dhaka also reiterated its request for India to return individuals it alleges were involved in the killing of Shahid Osman Hadi, a prominent figure associated with the July uprising who was shot on December 12, 2025.

Tarique Rahman stressed the need to create a suitable environment to take forward relations between Bangladesh and India.

Bangladesh Foreign Minister Khalilur Rahman, Prime Minister’s Foreign Affairs Adviser Humayun Kabir and other officials attended the meeting.

India-Bangladesh Ties Amid Diplomatic Friction

The latest high-level engagements come amid diplomatic tensions between the two countries following a virtual press interaction by Sheikh Hasina in New Delhi on August 5.

The event, organised by the Foreign Correspondents’ Club of South Asia to mark the second anniversary of her ouster, prompted strong objections from Dhaka.

During the interaction, Hasina said she remained determined to return to Bangladesh in December and restore democracy, while acknowledging the possibility of imprisonment or a death sentence upon her return.

Bangladesh’s Ministry of Foreign Affairs subsequently registered a strong protest and said the development had affected public sentiment and complicated efforts to strengthen bilateral cooperation.

India has said the government had no involvement in the event. Ministry of External Affairs spokesperson Randhir Jaiswal said it was organised by a private media entity and clarified that New Delhi did not endorse views expressed at the forum.

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Trump, PM Modi will resolve tariff issue over Russian oil trade, says US official

White House Trade Adviser Peter Navarro said Donald Trump and Prime Minister Narendra Modi will resolve the issue over US tariff threats linked to India’s Russian oil trade.

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US President Donald Trump and Prime Minister Narendra Modi will resolve the issue surrounding the threat of US tariffs linked to India’s purchase of Russian oil, White House Trade Adviser Peter Navarro said on Tuesday.

Navarro’s remarks came days after the US Senate passed a bill authorising the US President to impose tariffs of up to 100 per cent on the top five purchasers of Russian oil. The measure argues that such purchases directly contribute to financing Russia’s war in Ukraine.

Navarro comments on India’s Russian oil trade

Speaking to reporters at the White House, Navarro said India was not involved in the oil trade with Russia before the Ukraine war began in 2022.

He alleged that India became heavily involved in the trade after Russia’s invasion and sold refined products on behalf of Russia, which he said helped support the Russian war effort.

“Prior to the Russian invasion of Ukraine, India was not involved in the oil trade with Russia, but afterwards it got heavily involved,” Navarro said.

The White House adviser also claimed that the issue had since been resolved and attributed some of the shift in India’s Russian oil trade to an opinion article he recently wrote in the Financial Times.

Trump and Modi will resolve issue, Navarro says

Navarro said the relationship between Trump and Modi would help address the tariff-related issue.

“The president and your prime minister have a very good working relationship. They are going to work that out amongst themselves,” he said, adding that it was not his place to intervene.

His comments come amid US concerns over countries purchasing Russian oil and proposed measures aimed at imposing additional tariffs on major buyers.

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US Senate passes Russia sanctions bill, India-China face 100% tariff risk

The US Senate has passed a Russia sanctions bill that could allow 100% tariffs on major buyers of Russian oil and gas, including India and China.

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Donald Trump

The US Senate has approved a bipartisan Russia sanctions bill that could allow President Donald Trump to impose tariffs of up to 100% on major buyers of Russian oil or natural gas, including India and China.

The legislation was passed by an 86-11 vote and will now move to the US House of Representatives, which is scheduled to reconvene on August 31.

The bill is named in honour of Republican Senator Lindsey Graham, a strong supporter of Ukraine who died on July 11. Graham had pushed for tougher sanctions against Russia over its war in Ukraine.

India and China among major Russian energy buyers

The legislation gives the US president the power to impose tariffs on the world’s top five purchasers of Russian oil or natural gas.

India and China are among those countries, along with Azerbaijan, Hungary and Slovakia.

The bill also contains an exception for countries importing less than 15% of their natural gas from Russia and taking steps to reduce their dependence on Russian supplies.

What does the Russia sanctions bill contain?

Apart from the proposed tariffs, the legislation includes sanctions targeting Russian President Vladimir Putin, senior Russian political and military officials, financial institutions and energy projects.

The bill would also expand US sanctions to older and reflagged oil tankers allegedly used by Moscow to bypass existing restrictions on Russian oil and energy revenues.

At the same time, the White House would have the option to waive sanctions or restrictions if the president certifies to Congress that doing so is in the national interest.

Bill also extends Iran sanctions law

The legislation also contains a provision related to Iran. It would extend the expiration date of the Iran Sanctions Act of 1996 until 2031.

The law penalises companies that invest in Iran’s energy sector.

The bill’s passage in the Senate marks the next step in the US legislative process, but it still needs approval from the House of Representatives before it can move forward.

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