There is little chance that the UN Security Council will impose tough new sanctions on Iran anytime soon, despite a new UN report expected this week to contain evidence suggesting Iran wants atomic weapons.
The reason for this, Western dip
Syria on Friday faced fresh sanctions targeting its oil exports, as activists called fresh anti-regime protests under the banner of 'death rather than humiliation.'
The European Union was to formally adopt an embargo on Syrian oil,
The UN Security Council unanimously imposed travel and asset sanctions on Libyan leader Muammar Gaddafi and close aides, ratcheting up pressure on him to quit before any more blood is shed in a popular revolt against his rule.
It also adop
European Union foreign affairs chief Catherine Ashton reissued an invitation to Iran on Friday to hold talks on its nuclear programme next month, while Russia also pressed Iran to take up the offer.
In a letter to Iran's ambassador to the
The dispute over Iran's nuclear programme risks turning into an all-out crisis next year unless Tehran shows seriousness in negotiations expected to resume next month with world powers, an expert on nuclear diplomacy said.
Iran could face
Iran is ready to hold talks with six major powers over its nuclear programme "in late October or early November", Foreign Minister Manouchehr Mottaki said on Saturday.
"We think late October or early November will be an appropriate date fo
Iran justifies its atomic activity with plans to set up a network of nuclear power plants, but Western analysts say a lack of indigenous resources and growing international isolation make those ambitions look far-fetched.
The issue of whet
Iran is expanding one of its main refineries as part of a drive to rapidly increase gasoline production capacity, a refinery official said, as the country seeks to counter international sanctions.
"The production of gasoline will increase
European oil majors resisted pressure from the US to stop doing business with Iran, in spite of Washington's drive to isolate Tehran over a nuclear programme the West suspects is aimed at making bombs.
Total said it was still buying Irania
Royal Dutch Shell and Italian refiners are maintaining crude oil trade with Iran at a time when other oil majors and big refiners are halting orders amid UN-imposed sanctions, traders said on Tuesday.
A Shell spokesman said the company was