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Travel bans, asset freezes in draft Iran resolution

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Reuters: A new draft U.N. Security Council resolution on Iran’s disputed nuclear programme agreed by world powers on Tuesday will increase the number of travel bans and asset freezes, a senior U.S. official said on Tuesday.

Germany’s Steinmeier says allies agree on Iran draft

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Bloomberg: United Nations allies meeting in Berlin agreed on a draft resolution outlining further sanctions against Iran for its refusal to stop enriching uranium, German Foreign Minister Frank-Walter Steinmeier said.

Iran prepared to supply gas to EU’s Nabucco pipeline: minister

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AFP: Iran is prepared to supply gas to the EU’s flagpship Nabucco gas pipeline, which is aimed at reducing the bloc’s reliance on Russia, Foreign Minister Manouchehr Mottaki said here Tuesday.

Iran says any new sanctions won’t affect atom work

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Reuters: Iran said on Tuesday any new international sanctions against it would not succeed in forcing the country to halt its nuclear program, which the West suspects is aimed at making bombs.

Total says “huge cost issues” on Iran LNG project

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Reuters: France’s Total said on Tuesday it was facing “huge cost issues” on a major liquefied natural gas project in Iran and was reviewing plans with the Iranian government.

Iran receives fifth consignment of nuclear fuel from Russia

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AFP: Russia delivered a fifth consignment of fuel for Iran’s first nuclear power plant in the Gulf port of Bushehr on Tuesday, Iran’s official IRNA news agency reported.

Powers have “way to go” on Iran resolution: Rice

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Reuters: Secretary of State Condoleezza Rice lowered expectations on Tuesday that major powers would agree on a third U.N. sanctions resolution against Iran, saying there was still “some to way to go”.

Germany urges unity on Iran as world powers meet

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Reuters: World powers played down prospects for a deal on new sanctions against Iran ahead of a meeting on Tuesday aimed at ratcheting up pressure on Tehran to curb its sensitive nuclear work.

China says Iran issue at “critical stage”

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Reuters: China said on Tuesday Iran’s nuclear standoff with the West was at a critical stage and it hoped for an objective exchange of opinion in talks later in the day in Berlin.

China, Iran near gas deal

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Wall Street Journal: China National Offshore Oil Corp. is set to sign an agreement with Iran within weeks for 10 million metric tons of liquefied natural gas, two people familiar with the situation said Monday.