EU sanctions on Iran's natural gas have unintentionally also brought its exports of liquefied petroleum gas to a near halt, industry sources say, starving Tehran of yet more dollar revenue and threatening to push European winter fuel bills y
Using shadowy middle men, multiple bank accounts and a fleet of ghost ships, Iran's coal trade is quietly booming as the Islamic Republic tries to sidestep Western sanctions and prevent its industrial economy from crashing.
European governments are considering a new round of sanctions against Iran over its nuclear programme that could be implemented in October and substantially curtail trade with the Islamic Republic and hit its banking industry, diplomats say.
The European Union imposed sanctions on Syria's main mobile phone operator Syriatel, the country's largest private company Cham Holding and several construction and investment firms, the EU's Official Journal showed on Saturday.
Iran has threatened to halt oil supplies to India in August as it presses New Delhi to solve a payments dispute that has cast a shadow since December over the two countries' $12 billion annual crude trade.
National Iranian Oil C
Royal Dutch Shell said it would assess any impact of European sanctions on its oil trade with Iran and had stopped some activities there following tougher US measures earlier this year.
The European Union sanctions over Iran's nuclear