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EU names 17 Iranians sanctioned over human rights

By Justyna Pawlak and Marcus George / Reuters BRUSSELS/DUBAI: The European Union has imposed sanctions on 17 Iranian officials, including prominent members of the government and the judiciary it says play a key role in serious human rights violations. Agreed by EU foreign ministers on Friday, the new sanctions list, published on Saturday, includes the minister …

DNE

World can replace oil lost to Iran sanctions: US

By Roberta Rampton / Reuters WASHINGTON: Global oil producers appear to have enough spare capacity to make up for Iranian exports curtailed by tough new sanctions, US Energy Secretary Steven Chu said on Thursday. Chu said it was important that sanctions be used to crimp Iranian oil sales to ensure Tehran does not develop nuclear weapons, …

DNE

Sanctions sap Dubai’s role as Iran trade hub

DUBAI: Reza, an Iranian businessman in his mid-30s, moved to Dubai 10 years ago to make his fortune. For a while, he succeeded — annual sales at his machinery trading firm reached $70 million. Over the past 18 months, most of what he built has crumbled. Tightening international sanctions against Iran over its disputed nuclear …

DNE

US assets ban “antagonistic”, will have no impact, says Iran

TEHRAN: Iran on Tuesday denounced as "an antagonistic move" a tightening of US sanctions targeting Tehran’s central bank and giving US banks new powers to freeze Iranian government assets, and said it would have no impact. In further defiance of world pressure on Iran to curb its nuclear program, parliamentarians said they would speed up …

DNE

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