US sanctions against Iran remain undiluted and Washington has sent a clear message to other countries that Iran is not open for business, Secretary of State John Kerry has said.
Kerry told US senators on Capitol Hill that Washingt
President Barack Obama on Thursday ordered sanctions on people responsible for Moscow's military intervention in Ukraine's Crimea Peninsula, including travel bans and freezing of their US assets.
U.S. officials said a list of pe
India is ready to pay $1.5 billion to Iran to clear part of a backlog of payments for shipments of oil following the partial easing of western sanctions on Tehran, a senior Indian government official said.
In a Nov. 24 deal with s
US aerospace companies are seeking permission to sell airliner parts to Iran for the first time in three decades, in a key test of the temporary relief on sanctions given under talks to curtail Iran's nuclear activities.
European Union ministers sought to broker a political settlement in Ukraine after gun battles between police and anti-government protesters brought the death toll to 75 in two days of the worst violence in the country since Soviet times.
Iran's largest private bank is suing the British government for almost $4 billion in damages after the Supreme Court quashed sanctions imposed against it over alleged links to Tehran's nuclear programme.
Bank Mellat wants
The United States has warned France that French companies - which sent executives to Tehran this week - will be punished if they violate US sanctions with Iran, US Secretary of State John Kerry said.
Separately, another US officia
An agreement on Iran's nuclear programme is possible within six months if there is good will, Iranian Foreign Minister Javad Mohammad Zarif said on Monday.
"With good will we can reach an agreement within six months,"
Asian buyers cut their purchases of Iranian crude by 15 per cent in 2013 and shipments to Tehran's biggest oil customers are expected to recover only slightly this year, even after a deal with the West eases some sanctions.
A group of insurers warned shipowners this week to be careful when signing deals to carry Iranian oil because the US has not been able to clarify whether insurance claims will be paid after the suspension of sanctions ends in July.