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German trade with Iran shows sanctions hit—and miss

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Wall Street Journal: When the United Nations Security Council blacklisted Iran’s Sepanir Oil & Gas Engineering Co. last year, the company’s main German intermediary terminated their trading relationship, the German firm says—an apparent victory for international sanctions.

Indian refiners explore replacing Iranian oil – sources

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Reuters: Indian companies have begun talks with alternative suppliers to slowly replace Iranian oil, fearing their current mechanism for payments to Tehran for some 350,000 barrels a day (bpd) via Turkey could soon succumb to sanctions, industry sources said.

Iran warns of downing other US drones in its skies

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AP: Iran will hunt down more American spy drones if the U.S. continues to violate its air space, a senior Iranian military official warned Friday, the latest in triumphant rhetoric from Tehran over the capture of the unmanned aircraft two weeks ago.

Executions for drug crimes surge in Iran: Amnesty

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Reuters: Iran has executed more people for drug-related crimes in 2011 than in the previous two years combined, in “a killing spree of staggering proportions,” Amnesty International said Thursday.

Iran to start using own nuclear fuel plates

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AFP: Iran is to insert its first domestically produced uranium fuel into its Tehran reactor by mid-February, Foreign Minister Ali Akbar Salehi said in comments published by the IRNA state news agency on Thursday.

South Korea announces new sanctions on Iran

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AFP: South Korea Friday joined a fresh multinational effort to press Iran to scrap its suspected nuclear weapons programme, adding more than 100 names to a financial blacklist of Iranian firms and individuals.

US “in contact with all sides” on Iran sanctions

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Reuters: The United States is in close contact with all parties including China on new sanctions against Iran, suspected by the West of developing nuclear weapons, Deputy Secretary of Energy Daniel Poneman said on Thursday.

Camp Ashraf exiles file US complaint against Iran, Iraq

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AFP: Four Iranian exiles have filed a complaint in US court against senior Iranian and Iraqi officials for their alleged role in an April attack on Camp Ashraf, a site for Iranian dissidents in Iraq.

Asia frets over oil as US eyes new Iran sanctions

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Reuters: Plans for fresh U.S. sanctions to isolate Tehran have sent shudders among Asian governments who fear they will have no way to pay for Iranian crude imports and face rising costs to fuel the region’s growing economies.

India exploring options to pay for Iran oil via Russia-govt source

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Reuters: India is exploring the option of paying for Iranian oil imports through Russian banks, a senior government source said on Thursday.