Beijing/New Delhi China, India and Japan are planning cuts of at least 10% in Iranian crude imports as tightening US sanctions make it difficult for the top Asian buyers to keep doing business with the Opec producer.

The countries together buy about 45% of Iran’s crude exports. The reductions are the first significant evidence of how much crude business Iran could lose in Asia this year as Washington tries to tighten a financial noose around Tehran. The cuts would add to a European Union ban on Iran oil imports, which comes into effect on July 1, to restrict the flow of vital foreign exchange to Tehran under pressure over its nuclear program.

Iran ordered a halt to its oil sales to Britain and France on Sunday in a move seen as retaliation against tightening EU sanctions, as a team of U.N.

Iran has halted oil shipments to Britain and France, the Oil Ministry said Sunday, in an apparent pre-emptive blow against the European Union after the bloc imposed sanctions on Iran’s crucial fuel

The United Nations chief urged Iran on Friday to implement Security Council resolutions under which Tehran should curb sensitive nuclear activity, but the Islamic state once again signalled it has

The proposed multi-billion gas pipeline between Iran and Pakistan is a bad idea, a top US official has said, a day after Islamabad vowed to progress on the project whose final destination is expect

A major crisis looms large over the world as Iran flexed its nuclear muscles on Wednesday and the US and the EU nations geared up for tougher sanctions and military solution to tame a defiant Mahmo

Iran is seeking to close grain purchases using gold and oil as payment, and has paid yen for a large volume of wheat as it steps up efforts to beat sanctions that had started to choke imports of fo

UN chief Ban Ki-moon has appealed to eight countries, including India, to ratify the CTBT to bring the global nuclear test ban into force.

TEHRAN: Iran has given a one-month ultimatum to an Indian consortium over the development of a gas field whose delay by India has been attributed to western pressure, the semi-official Fars news ag

Iran on Friday launched an observation satellite into orbit above Earth, its third since 2009, the official IRNA news agency reported.

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