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China rejects Obama's Iran oil import sanctions

Last Updated: Saturday, March 31, 2012, 23:48

China on Saturday rejected President Barack Obama's decision to move forward with plans for sanctions on countries buying oil from Iran, saying that Washington had no right to unilaterally punish other nations.

S Korea to work with US to reduce Iran oil imports

Last Updated: Saturday, March 31, 2012, 17:40

South Korean officials said on Saturday that they will continue working with the US to reduce oil imports from Iran after President Barack Obama greenlighted potential sanctions against countries that continue to buy Iranian oil.

Sanctions against Iran put cloud over global growth

Last Updated: Sunday, March 25, 2012, 09:56

Tightened sanctions by the West have yet to dissuade Iran from pursuing its controversial nuclear programme but have triggered an oil price spike that could trigger a global recession.

India sees business opportunity in Iran after US, EU sanctions

Last Updated: Thursday, February 09, 2012, 18:13

With the US and Europe imposing sanctions on Iran, India sees an opportunity to boost its trade with it by tapping the sectors which would be affected by the restrictions imposed by the West.

Iran threatens to cut oil exports to Europe

Last Updated: Sunday, February 05, 2012, 10:22

Iran began ground military exercises Saturday and defiantly warned that it could cut off oil exports to "hostile" European nations as tensions rise over suggestions that military strikes are an increasing possibility if sanctions fail to rein in the Islamic Republic's nuclear program.

Iran's economy to grow despite sanctions: Ahmadinejad

Last Updated: Wednesday, February 01, 2012, 19:42

President Mahmoud Ahmadinejad predicted Wednesday that Iran's economy would grow eight percent over the next 12 months despite severe Western sanctions, as he presented his government's annual budget to parliament.

US, Europe agree to step up pressure on Iran

Last Updated: Tuesday, November 29, 2011, 14:59

The United States and European Union have agreed to step up pressure on Iran with the objective to prevent Tehran from acquiring nuclear weapons.

US slaps new sanctions against Iran

Last Updated: Wednesday, December 22, 2010, 16:05

US targeted Iran over its controversial nuclear and missile programmes.

Goal is to prevent Iran from getting N-weapon: Hillary

Last Updated: Thursday, June 10, 2010, 12:35

Hillary reiterated Obama administration`s view that it was open to diplomacy.

Germany, Russia support new Iran nuke sanction

Last Updated: Sunday, June 06, 2010, 09:16

Merkel said the sanctions could be passed by the UNSC "in the near future”.

Brazil Prez Lula warns UN over Iran sanctions

Last Updated: Wednesday, May 19, 2010, 23:46

Brazilian President Luiz Inacio Lula da Silva on Wednesday warned of a setback over Iran`s nuclear programme if the UN Security Council failed to show a willingness to negotiate with Tehran following its fuel swap deal.

British Foreign Secretary slams Iran ahead of US trip

Last Updated: Friday, May 14, 2010, 14:12

Newly-appointed British Foreign Secretary has criticised Iran`s nuclear programme ahead of his first visit to the US.