Iran Focus: Tehran, May 12 – New UN Security Council resolutions imposing tougher sanctions on Iran over its nuclear defiance are “worthless”, Iran’s firebrand President Mahmoud Ahmadinejad bragged on Wednesday.
Ahmadinejad: UN sanctions against Iran “worthless”
Seven foreign firms in Iran energy got US contracts
Reuters: The U.S. government has obligated almost $880 million in recent years to seven foreign firms that had commercial activity in Iran’s energy sector, the U.S. Government Accountability Office said on Wednesday.
Iran may be storing 38 million barrels of oil at sea, IEA Says
Bloomberg: Iran, holder of the world’s second largest oil reserves, may be storing as much as 38 million barrels of crude at sea as demand declines for the heavier, sour grades the Persian Gulf country sells.
France demands release of Iranian filmmaker
AFP: France on Wednesday called on Iran to immediately release jailed filmmaker Jafar Panahi and allow him to take his seat as a member of the jury at the Cannes film festival.
Russian rebuffs U.S. warning on Iran missile sale
Reuters: Russia Wednesday rebuffed a warning from the United States over a plan to sell surface-to-air missiles to Iran, saying Moscow needed no advice from Washington on its weapons sales.
Relatives of Kurds executed in Iran are denied the remains, and 2 are arrested
New York Times: The authorities in Iran have refused to allow the families of five Kurdish activists hanged on Sunday to bury them, and have arrested the sister and mother of the only woman among the executed.
Obama adviser warns Russia against arms sale to Iran
Reuters: The United States has made it clear to Russia that delivering an anti-aircraft system to Iran would have severe consequences for U.S. ties with Moscow, a senior advisor to President Obama said.
Gulf leaders back Kuwait in alleged Iran spy case
AFP: Gulf leaders meeting in Riyadh on Tuesday declined to comment on an alleged Iranian spy cell broken up in Kuwait but said the six-member group will face security threats as one.
IRGC’s dominance over Iran’s politics and economy – Part 2
Iran Focus: London, May 12 – The Islamic Revolutionary Guards Corps’ huge annual revenue, stemming from its vast financial activities, allows it to fund Iran’s nuclear projects and support Tehran’s allies in the region.
British firm slapped with bigger US fine over Iran deal
AFP: A British aviation company must pay a total of 17 million dollars for illegally exporting Boeing aircraft to Iran, after a court on Tuesday added two million dollars to a fine levied earlier this year.
