Bloomberg: Iranian airlines may raise the price of flights by as much as 50 percent by next month, a move backed by parliament as the national currency declines, the Mehr news agency reported.
Iran airlines may raise prices by 50% as costs soar, Mehr says
EU sanctions target Iran oil, gas, tanker companies
Reuters: European Union governments imposed sanctions on Tuesday against major Iranian state companies in the oil and gas industry, and strengthened restrictions on the central bank, cranking up financial pressure over Tehran’s nuclear program.
Iran won’t give in at nuclear talks: supreme leader
AFP: Iran will not give in to “bullying” at the negotiating table with world powers over its disputed nuclear programme despite new economic sanctions, its supreme leader said on Tuesday.
Iran: New EU sanctions ‘inhuman’ and ineffective
AP: Iran on Tuesday denounced the new European Union sanctions as “inhuman,” vowing they will not force any retreat on the country’s suspect nuclear program.
Iraqi Shi’ite militants fight for Syria’s Assad
Reuters: Iraqi Shi’ite militia involvement in Syria’s conflict exposes how rapidly the crisis has spiraled into a proxy war between Assad’s main ally Shi’ite Iran and the Sunni Arab Gulf states supporting mostly Sunni rebels fighting the president.
Brent rises above $116 as EU tightens Iran sanctions
Reuters: Brent futures rose above $116 on Tuesday, underpinned by supply concerns after the European Union slapped more sanctions on Iran, while ample supplies and healthy inventory in top consumer the United States capped gains.
US charges Iran with ‘economic mismanagement’
AFP: The United States on Monday accused Iran of extreme economic mismanagement as biting sanctions wreak havoc on the Iranian economy, and the European Union agreed a new slew of moves against the regime.
EU tightens Iran sanctions, Ashton sees more talks
Reuters: European Union governments agreed further sanctions against Iran’s banking, shipping and industrial sectors on Monday, cranking up financial pressure on Tehran in the hope of drawing it into serious negotiations on its nuclear program.
EU tightens financial noose on Iran, Syria with new sanctions
AFP: European Union foreign ministers on Monday agreed tough sanctions against Iran, aimed at forcing a breakthrough in talks on Tehran’s nuclear programme, and also the regime in war-ravaged Syria.
Bahrain summons Iran envoy over ‘interference’
AFP: Bahrain summoned Iran’s charge d’affaires on Monday in protest at “interference” by Tehran in the internal affairs of the Gulf kingdom, the foreign ministry said.
