Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

NEWS ABOUT: Iran sanctions

Stories 1 - 20 |  Next >>

Switch to grid view »

Iran Trying to Hide Its Massive Oil Tankers

...by turning off ships' GPS

(Newser) - Oil sanctions are posing a growing problem for Iran, prompting officials to resort to some odd—and illegal—tactics. Struggling to find buyers, the country has been storing oil on tankers whose satellite systems have been turned off since early last month, thus breaking maritime rules, the Washington Post reports.... More »

Clinton to India: Back Off the Iran Oil

Secretary on 3-day visit seeking more support for oil sanctions

(AP) - Hoping to wean India from Iranian oil imports, Hillary Clinton is urging Indian leaders to explore alternative suppliers as she opens a three-day visit to the energy-starved South Asian giant. Clinton arrived in the eastern city of Kolkata today as officials traveling with her said the Iranian oil imports would... More »

Could Iran Be Brought to Its Knees by ... Insurance?

European insurance sanction will be the toughest to dodge, Reuters says

(Newser) - Could the decisive blow in the West's struggle with Iran involve insurance salesmen? An upcoming European ban on providing maritime insurance for Iran's oil tankers may be the most vexing sanction Tehran has ever faced, experts tell Reuters . That's because 90% of the world's tanker insurance... More »

Ayatollah Praises Obama Peace Remarks

But he's not happy about threat of more Iran sanctions

(Newser) - Iran's supreme religious leader had some rare words of praise for the US yesterday. Ayatollah Ali Khamenei said he welcomed President Obama's efforts to cool down "casual" talk of war with Iran , reports the Christian Science Monitor . "This talk is good talk, and shows an exit... More »

Netanyahu to Obama: No Iran Hit Planned. Yet.

Iran has Israel, US in strained relationship

(Newser) - The US and Israel still don't quite see eye to eye on Iran, but Benjamin Netanyahu's visit to the White House yesterday managed to reassure both sides. American officials emerged saying President Obama's tougher rhetoric had eased pressure on Israel to attack, the Wall Street Journal reports.... More »

Iran Tensions Could Mean $5 Gas

Recent posturing has already sent price up 20%

(Newser) - Going to war with Iran would be an expensive proposition for America's drivers. Tensions over the country's nuclear ambitions have already pushed crude oil prices up 20% to a record winter high, energy experts tell the New York Times . That's translated to an average $3.73 per... More »

Iranian Warships Sail From Syria

Their presence had raised tensions there

(Newser) - A pair of Iranian warships that had been docked in Syria departed today, after a visit that seemed designed to show support for Bashar al-Assad's regime. The ships arrived Saturday, officially to provide maritime training to Syria, according to Iran's state-run TV. But their presence, along with that... More »

Iran Cuts Oil to UK, France

Oil ministry issues ultimatums to European refineries to sign long-term contracts

(AP) - Iran has halted oil shipments to Britain and France, the Oil Ministry said today, in an apparent pre-emptive blow against the European Union's sanctions on Iran's oil exports. The EU imposed tough sanctions against Iran last month, which included a freeze of the country's central bank assets... More »

Iran Touts Its 'Key' Nuclear Achievements

Ahmadinejad expected to show off new facilities later today

(Newser) - Iran today decided it was time to reveal its "key" nuclear achievements, with state TV touting new uranium enrichment centrifuges and reactor fuel made domestically. The Telegraph reports that President Mahmoud Ahmadinejad will verify the news later today, in a move intended to "demonstrate the scientific capabilities of... More »

Iran Cuts Off Oil Exports to 6 EU Countries

Move comes in response to sanctions

(Newser) - Iran is having quite the day: In addition to trumpeting its recent nuclear achievements, it also thumbed its nose at EU sanctions "against Iran's energy and banking sectors" by cutting off oil exports to six European countries. The Netherlands, Spain, Italy, France, Greece, and Portugal are the affected... More »

Obama Orders Sanctions Against Iran's Central Bank

Tougher measures were included under NDAA

(Newser) - President Obama issued an executive order today imposing tough new sanctions on Iran's Central Bank. The order freezes "all property and interests in property of the Government of Iran," and of "any Iranian financial institution." The sanctions were included in the controversial defense bill Obama... More »

Iran: Hey, Wanna See Oil Hit $150 a Barrel?

Tehran says EU's embargo will spike global prices

(Newser) - Iran is getting ready to vote today on banning oil sales to the EU —you know, before the EU can enact an embargo on aforementioned oil —and Tehran is engaging in some typical sabre-rattling, with the head of Iran's state oil company predicting global crude prices will... More »

UN Nuke Team Presses Iran; Oil Embargo Vote Tomorrow

Prove You're Not Making Nuclear Weapons: Inspectors

(Newser) - A UN nuclear inspection team is headed to Tehran today with a blunt message: You've been stonewalling for too long. "We're looking forward to the start of a dialogue," said atomic energy chief Herman Nackaerts. "A dialogue that is overdue since very long." The... More »

War of Words Escalates Over Iran Sanctions

Lawmakers again threaten to close Strait of Hormuz

(AP) - Senior Iranian lawmakers stepped up threats today that Islamic Republic warships could block the Persian Gulf's oil tanker traffic after the latest blow by Western leaders seeking to rein in Tehran's nuclear program: A punishing oil embargo by the European Union that sharply raises the economic stakes for... More »

Iran to OPEC: Don't Grab Our Oil Sales

Saudis ready to boost production, but say unrelated to embargo

(Newser) - With the West about to increase sanctions on Iran to include oil sales abroad, Tehran is warning its Arab neighbors not to make a buck off of that embargo, reports the AP . Any Arab nation that raises its oil output will be an "accomplice in the consequences," warned... More »

Amid Sanctions, Iranians Expect War

Iran announces new Strait of Hormuz exercises

(Newser) - Western officials are fairly sanguine that Iran's recent provocations are only posturing. But on the streets of Tehran, sanctions are taking a real toll, and the populace expects violence, the Washington Post reports. The country is in the midst of a currency crisis that has made prices shoot up... More »

Iran to Kill Internet Within Weeks

Will launch a 'halal' domestic intranet in its place

(Newser) - As fresh sanctions and economic turmoil loom, Iran has launched its harshest crackdown on the Internet yet, the Wall Street Journal finds. Internet cafes have been told they have 15 days to install security cameras and begin collecting information on users. Many sites have been blocked and Iranians may soon... More »

Iran Blockade Could Send Oil Up 50%

But international forces would win the ensuing conflict

(Newser) - If Iran ever really closed off the Strait of Hormuz—as it threatened to last week —oil prices could spike more than 50% in a matter of days, analysts tell the New York Times , with even a partial closure likely resulting in a $50-per-barrel increase. “You would get... More »

EU Readies Iran Oil Ban

France calls for deal by end of month

(Newser) - Europe is continuing to get serious about Iran's nuclear ambitions, with EU member states agreeing in principle to ban the import of Iranian crude oil, reports the BBC . And while nuances must be hammered out—including whether and how long to exempt existing oil contracts with Iran, as well... More »

US Sanctions Batter Iran's Currency

Ordinary Iranians scrambling to exchange sliding rial

(Newser) - The latest US sanctions against Iran have left Iranians scrambling for American dollars. President Obama has signed a bill placing Iran's central bank under sanctions, a move that sent Iran's currency tumbling 12% to a record low against the dollar. The rial has now lost 35% of its... More »

Stories 1 - 20 |  Next >>
NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment