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Oil rises more than $1 on Iran concerns

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Reuters: Oil rose more than $1 on Wednesday as escalating tensions between the West and Iran stoked crude supply concerns from the world’s No 4 exporter.

Bush, Putin discuss tensions over Iran

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AP: President Bush and Russian President Vladimir Putin on Wednesday discussed growing tensions about Iran’s nuclear programs and Russia’s concerns about U.S. plans for a missile defense system in Europe.

Photos of captured British sailor as aired on Iran state television

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Iran Focus: London, Mar. 28 – The following are screen grabs of British sailor Faye Turney on Iranian state television. Turney, 26, was arrested at gunpoint by Iranian Revolutionary Guards along with 14 other Royal Marines and Navy personnel on the Iran-Iraq waterway on Friday. Despite repeated pleas by London, Iranian authorities have refused to release the group.

Photos of captured British sailor as aired on Iran state television

Iran Focus: London, Mar. 28 – The following are screen grabs of British sailor Faye Turney on Iranian state television. Turney, 26, was arrested at gunpoint by Iranian Revolutionary Guards along with 14 other Royal Marines and Navy personnel on the Iran-Iraq waterway on Friday. Despite repeated pleas by London, Iranian authorities have refused to release the group.

Iran claims detained Britons were 0.5 km in Iranian waters

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Iran Focus: Tehran, Iran, Mar. 28 – Iran claimed on Wednesday that 15 British sailors who were arrested last week on the Iran-Iraq waterway were seized half a kilometre within Iranian territorial waters, hours after the British Ministry of Defence released global positioning system data as evidence that the group had been more than 2 km outside Iranian waters.

Iran claims detained Britons were 0.5 km in Iranian waters

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Iran Focus: Tehran, Iran, Mar. 28 – Iran claimed on Wednesday that 15 British sailors who were arrested last week on the Iran-Iraq waterway were seized half a kilometre within Iranian territorial waters, hours after the British Ministry of Defence released global positioning system data as evidence that the group had been more than 2 km outside Iranian waters.

Text of Beckett’s remarks on Iran capture of British sailors

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Iran Focus: London, Mar. 28 – The following is the text of an oral statement by British Foreign Secretary Margaret Beckett to the House of Commons over the arrest and continued detention of 15 British sailors and marines by Iran. Beckett said, “We are now in a new phase of diplomatic activity. … We will, therefore be imposing a freeze on all other official bilateral business with Iran until this situation is resolved”.

Text of Beckett’s remarks on Iran capture of British sailors

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Iran Focus: London, Mar. 28 – The following is the text of an oral statement by British Foreign Secretary Margaret Beckett to the House of Commons over the arrest and continued detention of 15 British sailors and marines by Iran. Beckett said, “We are now in a new phase of diplomatic activity. … We will, therefore be imposing a freeze on all other official bilateral business with Iran until this situation is resolved”.

Blair turns up pressure on Iran

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Reuters: Britain increased pressure on Iran on Wednesday releasing evidence it said showed 15 military personnel captured last week were operating in Iraqi waters.

Oil up $1 after brief spike on Iran rumor

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Reuters: Oil rose more than $1 on Wednesday, with traders still rattled by a brief $5 spike caused by a rumor, quickly dismissed by the United States, of some sort of conflict involving Iran.