Iran | GlobalPost

Europe shrugs off Iran's oil cut

Paul AmesFebruary 20, 2012 15:17

The EU still worries about an Iran-Israel war.

Oil price hits eight-month high as Iran halts exports

Luke BrowneFebruary 20, 2012 08:52

Brent crude rose to more than $120 per barrel on Monday, it highest level since mid-June last year. The price per barrel has risen by about 20 percent since December.

IAEA inspectors arrive in Tehran for talks on Iran's nuclear program

News DeskFebruary 20, 2012 04:54

The inspectors hope to investigate allegations that Iran is pursuing weapons, but it's unlikely the regime will cooperate.

Iran cuts off crude oil exports to Britain and France

Alexander BesantFebruary 19, 2012 15:54

Iran's Ministry of Petroleum has stopped the sale of crude oil to Britain and France in an apparent retaliatory act for those countries' ban on Iranian oil.

Iranian warships enter Mediterranean Sea

News DeskFebruary 18, 2012 07:55

"The strategic navy of the Islamic Republic of Iran has passed through the Suez Canal for the second time since the Islamic Revolution" in 1979, the head of Iran's navy, Admiral Habibollah Sayari, told Iranian media.

SWIFT ready to cut Iranian banks out of global financial system

Samantha StainburnFebruary 17, 2012 17:26

United Against Nuclear Iran, a New York-based organization that wants harsher sanctions against Iran, said SWIFT’s action “has the potential to significantly isolate the Iranian regime from the world’s markets, and lessen the capital it has to pursue nuclear weapons and fund terrorism,” the New York Times reported.

South Caucasus nations fear Iran-Israel war

Nicholas ClaytonFebruary 18, 2012 08:52

TBILISI — All three South Caucasus countries — Azerbaijan, Georgia and Armenia — maintain important relationships with both the West and Iran. Conflict between these two sides could destabilize the fragile, but strategically crucial peace in the region.