Reuters: Russian Foreign Minister Sergei Lavrov said on Tuesday Iran’s participation was crucial to the success of a meeting on the escalating conflict in Syria planned by U.N.-Arab league peace envoy Kofi Annan in Geneva this weekend.
Russia says Iran crucial to success of Syria meeting
Iran plans to raise steel output after sanctions cut imports 30%
Bloomberg: Iran plans to increase steel output, becoming an exporter of the metal, after U.S.-led sanctions over the country’s nuclear program reduced imports by 30 percent, an executive from the Islamic republic’s Esfahan Steel Co. said.
Iran: Crisis-hit EU must rethink Iran oil embargo
AP: The European Union’s embargo on Iranian oil sales is “on the wrong track” and won’t help end a dispute over Tehran’s nuclear program, Iran’s foreign minister declared Tuesday.
Iran sees oil exports falling 20%-30% as sanctions start
Bloomberg: Iran’s oil exports may “gradually” decline by 20 percent to 30 percent after sanctions start next week amid field maintenance work, according to Deputy Oil Minister Ahmad Ghalebani.
Iran warns EU oil embargo to impact nuclear talks
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.
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.
