Bloomberg: Iran Khodro Co., the country’s largest carmaker, can produce most of the parts for the Peugeot 206 model, Fars reported, citing a top company official.
Iran Khodro seeks self-sufficiency after Peugeot exit
House, Senate negotiators back new Iran sanctions
AP: Congress is pressing ahead with a new package of crippling sanctions on Iran, expanding on financial penalties and targeting Tehran’s energy and shipping sectors in the hope that economic pressure undercuts its suspected nuclear weapons program.
Iran sanctions having impact, even if not obvious: U.S.
Reuters: U.S. Defense Secretary Leon Panetta said on Monday Western sanctions against Iran over its nuclear program were working even if the impact on decision-making in Tehran was not obvious at the moment.
Congress pushes to finish Iran sanctions bill
AP: House and Senate negotiators pushed to finish a new round of stifling sanctions on Iran, targeting energy, shipping and insurance sectors with punitive measures to derail Tehran’s suspected push for nuclear weapons.
Iran significantly ‘speeds up nuclear enrichment’
AFP: Iran has significantly stepped up the pace at which it is enriching uranium, shortening the time it would take for it to reach a nuclear threshold, two Israeli newspapers reported on Monday.
Iran sentences four to death in bank fraud trial
AFP: A Tehran court has sentenced to death four people convicted in Iran’s biggest-ever banking scandal, according to the national chief prosecutor on Monday, quoted by the official news agency IRNA.
Iran blamed for ‘Israel diplomat attack in Delhi’
AFP: Indian police have concluded that members of Iran’s Revolutionary Guards, a branch of the Iranian military, carried out an attack on an Israeli diplomat in New Delhi in February, a report said on Monday.
Japan’s Iranian crude imports jump in June from May
Reuters: Japan’s crude oil imports from Iran in June rose 60.5 percent from May as refiners ramped up loadings before a halt in oil flows this month due to the imposition of sanctions on the Middle Eastern country.
Iran’s Khamenei: reliance on oil sales a “trap”
Reuters: Iran should wean itself off sales of its vast oil resources to power its economy, the country’s clerical supreme leader Ayatollah Ali Khamenei said, as its crude exports become increasingly hampered by Western sanctions.
Iran young, urbanised and educated: census
AFP: Iran is a very urbanised society with a largely educated, young Muslim population that ranks as the Middle East’s second-biggest, its latest census figures, published on Sunday, show.
