Iran shrugs off latest U.S. sanctions, trade suffers
TEHRAN (Reuters) - Iran castigated its U.S. adversary on Tuesday over new financial measures to disrupt Iranian commerce, and a default on payment for rice purchases highlighted the encroachment of sanctions on the staples of everyday life. Lawmakers in Tehran vowed to ban crude exports to European countries even before an EU oil embargo takes effect. The U.S. sanctions, targeting Iran's central ...
Iran calls new US sanctions 'psychological war'
Iran on Tuesday dismissed the new U.S. sanctions, saying they are part of a "psychological war" meant to sow discontent among Iranians and insisting the measures would not halt the country's nuclear program.
Iran: U.S. assets ban "antagonistic," will have no impact
TEHRAN (Reuters) - Iran on Tuesday denounced as "an antagonistic move" a tightening of U.S. sanctions targeting Tehran's central bank and giving U.S. banks new powers to freeze Iranian government assets, and said it would have no impact. In further defiance of world pressure on Iran to curb its nuclear program, parliamentarians said they would speed up passage of a bill to ban Iranian oil ...
New US sanctions on Iran aim to head off Israel
Additional U.S. sanctions on Iran are more significant for their timing than their immediate effect on Iran's economy, coming as the United States and its allies are arguing that Israel should hold off on any military strike on Iranian nuclear facilities to allow more time for sanctions to work.
Deeper Iran sanctions; US targets its central bank
Targeting Iran's economy, the U.S. ordered tough new penalties Monday to further pinch the country's financial system and encourage Israel to give sanctions more time before any military action against Iran's nuclear program.
Hezbollah: Iran will not ask it to strike Israel
Iran will not ask Lebanon's Hezbollah to retaliate if Israel attacks Iran's nuclear facilities, the leader of the militant group said Tuesday.
Iran boosts nuclear work in bunker: diplomats
VIENNA (Reuters) - Iran is believed to be expanding uranium enrichment activity deep inside a mountain, diplomatic sources said Monday, a move likely to add to tension with Western powers that suspect Tehran is seeking nuclear weapons capability. The move to increase sensitive nuclear work at the Fordow underground site near the Shi'ite Muslim holy city of Qom, even if expected, underlines the ...
Iran's parliament summons Ahmadinejad
Iran's parliament on Tuesday decided to summon President Mahmoud Ahmadinejad for questioning over a long list of accusations, including that he mismanaged the nation's economy.
Oil prices rise as Iran threatens EU supply cut
Oil prices climbed above $98 per barrel Tuesday after Iran again threatened to cut off supplies to Europe.
Iran upholds life sentence for men "linked to UK spy"
TEHRAN (Reuters) - Iran's Supreme Court has upheld the death sentence for two men convicted of killing three Sunnis with the help of a British spy, a news agency reported on Monday, the latest move in worsening ties between the two countries. "The men, members of Komeleh Kurdish terrorist group, shot dead a son of Marivan's Friday prayer leader, along with two of his friends, in July 2009 with ...
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