EU begins Iran oil embargo

The European Union’s “unprecedented” oil embargo on Iran began yesterday in what Foreign Secretary William Hague described as the “toughest measures to date”, following stalled talks with Iran at the negotiating table in Moscow last week. EU countries are imposing a crude oil ban on the Middle Eastern country, as well as a ban on providing […]

Iran to loan Pakistan 80,000 barrels of oil per day

Iran is loaning Pakistan 80,000 barrels of oil a day, it was reported yesterday. The EU and USA have declared an oil embargo on Iran for continuing to develop its nuclear programme, which means it is unable to export as much oil as it wants to. The loan could be seen as Tehran’s attempt to […]

UN watchdog denied access from Iran nuclear plant

The UN’s nuclear watchdog has returned home from Iran without being permitted to see the country’s nuclear power site. The International Atomic Energy Agency’s team of experts were back in Vienna this morning after failing to agree withofficials on a visit to Iran’s military site at Parchin. IAEA Director General Yukiya Amano said: “It is […]