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And I think this will help toward our Wholesale O ring effort of persuading companies and governments, particularly in Asia, that there are alternatives to Iran that they can pursue," he said in response to a question. According to Bolton, as the second wave of sanctions come back onto Iran on November 4, the objective of the Trump administration is to put maximum pressure on the government in Tehran. "Its our objective that there be no waivers from the sanctions, that exports of Iranian oil and gas drop to zero," he said. "Im not saying were necessarily going to achieve that, but nobody should be operating under any illusions, what the objective is. You can look at the possibility of reductions leading to zero. It doesnt have to happen immediately, perhaps," he said in a tacit acknowledgement that countries like India might not be able to bring down their oil purchase from Iran to zero. "But this is not the Obama administration, would be my mesغير مجاز مي باشدe not just to Iraq but to everybody else. And the frequency and the ease of getting waivers and exemptions is not going to be our policy," he warned in a mesغير مجاز مي باشدe to the international community not to take the American threat not seriously. "I might say, also, that were not going to stop with the resumption of the sanctions that existed pre-2015. Were looking at others that we can impose as well," Bolton said.

Foreign investors remained net sellers for a third day pulling out Rs 2,760.63 crore from stock markets. To stem the rupee fall, the RBI Wednesday allowed oil companies to access foreign capital of USD 10 billion on a long-term basis to finance their working capital requirements.The government Thursday said state-owned fuel retailers will have to complete USD 10 billion external commercial borrowing (ECBs) within a year and they would not be required to hedge the exposure. The central government and mostly BJP-led states announced a cut in excise and VAT rates to reduce fuel prices by Rs 5 per litre.The rupee opened on a weak note at 73.72 against the previous close of 73.34 per dollar.