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Iran mourns 1988 airliner downing by US warship

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AP: Iranians marked on Monday the anniversary of the downing of an airliner by a U.S. warship in the Persian Gulf more than two decades ago.

Moderate earthquake hits Iranian town

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AP: Iran’s state TV is reporting that a 5.4 magnitude earthquake has jolted a sparsely populated area in the eastern part of the country.

Iran to fire missiles in desert war games

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AFP: Iran’s Revolutionary Guards announced they are to fire ballistic and other missiles at desert targets during three days of war games starting Monday in a warning to threats of military action by Israel and the United States.

Iran: We will ‘confront’ new EU oil sanctions

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AP: Iran has stored up imported goods and hard currency for a “battle” against EU sanctions targeting the country’s vital oil sector that went into effect Sunday, officials said.

U.S. praises EU embargo of Iranian oil, presses Tehran

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Reuters: The White House praised the European Union for prohibiting Iranian crude oil imports into the 27-nation-bloc on Sunday and said Tehran had an opportunity in talks this week to make progress on international concerns about its nuclear program.

Factbox-EU sanctions on Iran

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Reuters: Here is a look at EU sanctions on Iran: In August 2010, the EU banned the creation of joint ventures with enterprises in Iran engaged in the oil and natural gas industries…

Iran pledges to counter “malicious” oil embargo

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Reuters: Iran dismissed a European Union oil embargo which took effect on Sunday and said it was fully prepared to counter the impact of sanctions with a $150 billion war chest of foreign reserves.

Britain urges Iran to cooperate with world powers

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AFP: Britain on Sunday urged Iran to cooperate with the international community after the EU slapped an oil embargo on Tehran designed to turn up the heat on the regime.

Report: Iran to deploy submarines in Caspian Sea

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AP: A semiofficial Iranian news agency says Tehran plans to deploy submarines in the Caspian Sea.

Iran says selling oil ‘easily’ despite sanctions

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AP: Iran says it is having no trouble selling oil despite U.S. sanctions imposed over Tehran’s disputed nuclear program.