Iran
Iran to announce nuclear progress: Ahmadinejad
TEHRAN - Iranian President Mahmoud Ahmadinejad said Saturday that the Islamic Republic, targeted by tougher Western sanctions, would soon announce advances in its nuclear program. | Video
Asia giants join Iran diplomacy as sanctions hurt trade
BEIJING/HAMBURG - China said on Friday it would send a senior official to Tehran to discuss Iran's nuclear standoff with the West, and India indicated it would also weigh in, as Asia's two giants seek to head off new sanctions already playing havoc with trade.
Iran sanctions already hitting oil trade flows: IEA
LONDON - Sanctions on Iran are already hitting global oil flows even though a European ban on imports from the Islamic Republic does not come into effect until July, the International Energy Agency (IEA) says.
Indonesia says it would study any barter approach from Iran
JAKARTA/KUALA LUMPUR - Indonesia, the world's top palm oil producer, would study any approach by Iran to trade by barter, it said on Friday, as tightening sanctions hurt Iran's ability to pay for basic staples.
EU asks India to help bring Iran to nuclear talks
NEW DELHI - The European Union has asked India to use its leverage to bring Iran to the negotiating table over its nuclear program, European Council President Herman Van Rompuy said on Friday, as Asia's third-largest economy prepares to increase trade with Tehran.
Iran turns to barter for food as sanctions cripple imports
PARIS/TEHRAN - Iran is turning to barter - offering gold bullion in overseas vaults or tankerloads of oil - in return for food as new financial sanctions have hurt its ability to import basic staples for its 74 million people, commodities traders said Thursday.
Iran turns to India for wheat as palm oil dries up
NEW DELHI - Iran has turned to India for wheat supplies as other sellers divert grain cargoes away from the Middle East country because of sanctions-related payments problems that have caused palm oil imports to grind to a halt.
Iran's seaborne trade suffers as sanctions mount
LONDON - Iran's seaborne trade is withering as sanctions are stepped up against the Islamic Republic, freezing bank finance and deterring many international trade and shipping companies from getting involved in deals, industry sources say.
Iran turns to India for wheat as palm oil dries up
NEW DELHI - Iran has turned to India for wheat supplies as other sellers divert grain cargoes away from the Middle East country because of sanctions-related payments problems that have caused palm oil imports to grind to a halt.
Singapore firms stop Indonesia palm oil exports to Iran
KUALA LUMPUR - Singaporean firms have stopped supplying Iran with Indonesian palm oil on concerns over the country's ability to make payments in the wake of Western sanctions, trading sources in Singapore said on Thursday.
Syrian forces shell Homs; truce in mountain town
AMMAN/BEIRUT - Syrian forces bombarded districts of the city of Homs on Saturday in their drive to crush a revolt against President Bashar al-Assad, whose ally Russia said it would not support an Arab peace plan circulating at the United Nations. | Video
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