Oil has been one of the most politically sensitive commodities over the years. And now Asia’s four largest economies are finding out how difficult it is to balance political will with economic reality.
Tag: sanctions
Iran nuclear expert buried as Russia warns on sanctions
BBC – The funeral of a nuclear scientist killed in a targeted car bomb attack has taken place in Tehran.
EU says Iranian oil sanctions not delayed
The European Union has dismissed reports that EU sanctions on Iranian oil have been postponed, calling the reports nonsense.
Japan ‘Yet To Decide’ On Iran Sanctions
Japan’s prime minister says Tokyo has yet to decide whether it will reduce oil imports from Iran in line with U.S. sanctions.
EU looks at delaying sanctions on Iranian oil
A number of European countries have called for a postponement of the EU’s embargo on Iranian oil.
Iranian officials confirm sanctions’ bite on economy
International sanctions have rocked the balance of Iran’s currency, says the deputy head of Iran’s Industry and Mining Chamber of Commerce.
Japan mulls cuts in Iran oil imports to win US sanctions waiver
By Tetsushi KajimotoTOKYO Jan 5 (Reuters) – Japan is weighing various ways of securing a waiver on new U.S. sanctions against Iran, with reducing Iranian oil imports and dealings with its central bank possible options, government sources said on Thursday.
China opposes unilateral sanctions against Iran
China has spoken out against U.S. and EU sanctions against Iran, saying: “Beijing is doubtful about the effect of unilateral sanctions on resolving the atomic disputes with Iran.”
France wants to ratchet up sanctions on Iran
French Foreign Minister Alain Juppe says he has no doubt that Iran is developing nuclear weapons; therefore, France will support imposing further severe sanctions against Iran.
EU sees January decision on wider Iran sanctions
(Reuters) – The European Union expects to reach a decision by the end of January on expanding sanctions against Iran, an EU spokesman said on Sunday.