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14Apr 2025

US-Iran Nuclear Talks Restart Amid Mutual Interests

Why in the news? The U.S. and Iran have resumed indirect nuclear talks in Muscat, aiming to lift U.S. sanctions in exchange for Iran limiting uranium enrichment. This unexpected negotiation comes just months into Trump’s second term, driven mainly by Iran’s urgent economic needs. Background of the US-Iran Nuclear Talks: After exiting the 2015 nuclear …

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18Jan 2025

Bessent’s Call for Stricter Russian Oil Sanctions

Why in the news? Scott Bessent, U.S. Treasury Secretary nominee, emphasized tightening sanctions on Russia’s oil sector to pressure Moscow over the Ukraine war. This move could significantly affect India’s oil imports and efforts to internationalize the rupee. Tighter Sanctions on Russian Oil: Scott Bessent, nominee for S. Treasury Secretary, supports stricter sanctions on Russia’s …

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