Clinton presses India to cut oil imports from Iran

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AP: U.S. Secretary of State Hillary Rodham Clinton urged energy-starved India on Monday to reduce its Iranian oil imports to keep up pressure on the Islamic republic to come clean about its nuclear program.

India said to deny local branch for Iran bank on U.S. pressure

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Bloomberg: India barred an Iranian bank from opening a branch in the country because of U.S. pressure, making it harder for the Persian Gulf state to settle oil trades with its second-biggest crude customer.

UAE, Saudi promise more oil to South Korea

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Reuters: The United Arab Emirates and Saudi Arabia have promised to fill any gap in South Korea’s oil imports if Iran decides to cut its crude exports to the country.

U.S. encouraged by India’s pullback on Iran oil

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Wall Street Journal: U.S. Secretary of State Hillary Clinton praised India for beginning to reduce oil purchases from Iran and said there are adequate supplies in the international market for New Delhi to cut down those imports even further.

Japan eyes guarantees for ships carrying Iran oil-Nikkei

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Reuters: Japan is considering a new law to provide sovereign guarantees for its ships to allow them to continue importing Iranian crude oil after EU sanctions come into effect in July, the Nikkei business daily said.

United States is Iran’s handmaiden against opposition

Tampa Tribune: One year ago, the peace at a refugee camp under the “protection” of Iraq’s government was shattered by the thunder of military vehicles storming the gates.

Parliament rejects Iran subsidy cuts proposals

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Reuters: A committee of Iranian lawmakers has rejected a government plan to increase prices for subsidised food and fuel in a move that threatens to derail a drive to rein in the country’s sanctions-squeezed budget, Iranian media reported late on Saturday.

Iran says US-Afghan pact will increase instability

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AP: Iran said Sunday it was “concerned” about a U.S.-Afghan security pact signed earlier this week that could keep American forces in Afghanistan for years to come.

US eyes more cuts in India’s oil imports from Iran

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AP: U.S. Secretary of State Hillary Rodham Clinton will use a two-day visit to India this week to urge further reductions in Indian imports of Iranian oil.

Iran slams Google for leaving Gulf nameless

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AFP: Iran on Saturday criticised Google for leaving the body of water separating it from the Arabian peninsula nameless on its online map service, saying it would hurt the Internet giant’s credibility.