AP: Iran says the EU embargo on its oil sales will have “a negative impact” on Tehran’s negotiations with world powers over its controversial nuclear program.
Iran warns EU oil embargo to impact nuclear talks
South Korea to halt Iran oil imports from July 1
AP: South Korea said Tuesday it will halt oil imports from Iran starting next month due to a European Union ban on insuring shipments of Iranian crude.
Iran limits access to cash grants that replaced subsidies
Bloomberg: Iran has restricted the availability of monthly cash handouts that were intended to offset price increases after a reduction in food and energy subsidies, the Iranian Students News Agency reported.
Kenya brings explosives charges against two Iranians
AFP: A Kenyan court charged two Iranian nationals with illegal possession of explosives Monday, a day after a grenade attack on a bar in the southern city of Mombasa that killed three people.
EU says Iran oil embargo will be enforced July 1
AFP: The European Union confirmed Monday that a ban on oil imports from Iran will go ahead as planned on July 1 due to the lack of progress in talks on Tehran’s contested nuclear drive.
Iran oil tankers renamed as NITC adopts Tanzania’s flag
Bloomberg: NITC, an oil-tanker company owned by Iranian pension funds, renamed at least 10 of its vessels and switched them to a Tanzanian flag amid increasing curbs on transactions with the Persian Gulf nation.
Iran cleric urges steps to counter high prices, Shargh reports
Bloomberg: A senior cleric called on Iran’s Islamic establishment to counter the effects of high prices partly caused by international sanctions, Shargh reported.
S.Korea reports sharp fall in Iran oil imports
AFP: South Korea’s May imports of Iranian crude oil fell 39.5 percent from a year earlier to 3.96 million barrels as it cuts shipments in line with a US sanctions drive, figures showed Monday.
Iran sets March gas field deadline for China, Tehran Times says
Bloomber: Iran’s oil minister, Rostam Qasemi, said China National Petroleum Corp. must start developing phase 11 of the South Pars gas field by the end of the Iranian year on March 20, 2013, the Tehran Times reported.
Standoff with Iran focus of Putin visit to Israel
AP: The West’s standoff with Iran over its nuclear program will be the hot topic when Russian President Vladimir Putin huddles with Israeli leaders during a 24-hour visit here.
