The Swiss government said on Thursday it would widen sanctions against Iran but would not implement a European Union ban on trading Iranian oil because of "foreign policy reasons".
July 5, 2012 5:44
Sinopec, NITC unable to agree on freight costs; No vessels booked for 12 mln bbls of deliveries; China depends on Iran's NITC tankers amid sanctions
July 3, 2012 5:19
Iranian Oil Minister Rostam Qasemi urged OPEC's secretary general to call for an extraordinary meeting amid falling oil prices, Iranian Oil Ministry's website SHANA said on Saturday.
July 1, 2012 10:06
Daily imports fall 18 percent to 257,718 bpd; U.S. sanctions start on Thursday; EU ban starts on Sunday, proving effective
June 28, 2012 4:49