Iran, Iran Sanctions | featured news

Iran Says It Will Make Oil Embargo Ineffective

Iran's Oil Minister says his office has drawn up plans to make newly tightened sanctions against the Islamic Republic ineffective.

 

Iran plans to sell oil via private group, evade ban

Iran

Iran has reached agreements with European refiners to sell some of its oil through a private consortium, an official said on Saturday, a move designed to circumvent sanctions intended to put pressure on Tehran to halt its disputed nuclear program.

 

Sanctions cut Iran's July oil exports to nearly half

Iran's daily oil exports in July could fall below half the average shipped in 2011 before tough new Western sanctions stemmed the flow.

 

Iran says EU oil embargo "strongest" sanctions yet

Iran's President Mahmoud Ahmadinejad said Tuesday the latest EU sanctions on the sale of Iranian oil are "the strongest" measures yet imposed on the country.

 

India Vows Cuts in Iranian-Oil Imports as Clinton Visits

Secretary of State Hillary Clinton called on India to further pressure Iran over its nuclear program after officials said the South Asian nation will curtail its imports of Iranian oil by 20 percent.

 

Clinton to Press India on Iran Oil Imports

U.S. Secretary of State Hillary Rodham Clinton will use a two-day visit to India this week to urge further reductions in Indian imports of Iranian oil.

 

Ahead of nuclear talks, Iran floats compromise

Iran Nuclear Talks

Iran's nuclear chief signaled Tehran's envoys may bring a compromise offer to the talks this week with world powers: Promising to eventually stop producing its most highly enriched uranium, while not totally abandoning its ability to make nuclear fuel.

 

Obama says enough world oil to crack down on Iran sales

Barack Obama

U.S. President Barack Obama said on Friday he has determined there is enough oil in the world market to allow countries to cut imports from Iran, allowing Washington to begin sanctioning countries that continue to buy Iranian oil.

 

Obama blames high gas prices on Iran

Iran

For all the domestic political talk about high gas prices, President Obama says one major factor can be traced overseas: Iran.

 

U.S. exempts 11 states from Iran sanctions; China, India exposed

Iran Sanctions

The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian crude oil, but left Iran's top customers China and India exposed to the possibility of such steps.

 

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