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Secys Clinton, Geithner applaud new EU, Canada sanctions on Iran

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Dow Jones: Treasury Secretary Timothy Geithner and Secretary of State Hillary Clinton praised the European Union and Canada on Monday for adopting new sanctions against Iran.

Iran fuel imports nosedive as sanctions bite-source

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Reuters: Only three cargoes of gasoline have so far reached Iran in July, according to a shipping document seen by Reuters, much less than the seasonal norm, as new sanctions cause ships carrying fuel to be diverted.

Iran targets $46 billion in refinery investments, Deputy Oil Minister says

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Bloomberg: Iran needs to invest about $46 billion to upgrade its nine refineries and build seven new ones, Deputy Oil Minister Alireza Zeighami said.

Iran’s opposition leader warns rulers could topple

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AP: The head of Iran’s opposition warned the country’s hard-line political leaders Monday that they could suffer the same fate as the deposed Shah if they continue to consolidate their grip on power.

EU’s Ashton cautiously welcomes Iran offer of talks

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Reuters: European Union foreign affairs chief Catherine Ashton welcomed an announcement by Iran on Monday that it would be willing to resume negotiations over a nuclear fuel swap, but said she wanted to see the details first.

Iran raps Germany over asylum for dissidents

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Reuters: A senior Iranian legislator accused Germany on Monday of meddling in Iran’s affairs by granting asylum to Iranians who fled the Islamic state after a crackdown on post-election protests.

One year later, future of American hikers in Iran remains unclear

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Philadelphia Inquirer: One year ago this week, three Americans trekking in northern Iraq near the Iranian border were arrested and locked up in Tehran’s notorious Evin Prison, accused of entering Iran illegally.

Iran delays cuts to energy, consumer goods subsidies

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Bloomberg: Iran’s government will cut subsidies for fuel and basic consumer goods in the second half of the new Iranian year that started on March 21, state television reported, citing Welfare Minister Sadegh Mahsouli.

EU adopts new sanctions against Iran

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AP: The European Union on Monday formally adopted a package of new sanctions against Iran, targeting the country’s foreign trade, banking and energy sectors.

Iran stoning case lawyer Mohammad Mostafaei’s relatives arrested

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The Guardian: The lawyer defending Sakineh Mohammadi Ashtiani himself faces re-arrest as his wife and brother-in-law are held by Iran authorities