Obama, G8 may remind Iran of their own "oil weapon"      05/19/2012

Late last year, Iran issued a series of not-so veiled threats to the West, suggesting it could use its "oil weapon" to show displeasure over toughening sanctions by halting exports or disrupting the Strait of Hormuz....

US lawmakers approve use of force as Iran option      05/19/2012

The Republican-led House of Representatives approved Friday the use of US force against Iran if the Tehran regime threatens the United States and its allies with nuclear weapons. ...

House measure raises pressure on Obama over Iran      05/18/2012

AFP— US lawmakers on Thursday adopted a sharply worded resolution warning about the dangers of a nuclear-armed Iran and urging President Barack Obama to increase diplomatic and political pressure against Tehran. ...

Japan bank freezes Iran accounts after court order      05/17/2012

AFP— A Japanese bank has halted transactions by the Iranian government after a US court ordered a $2.6 billion asset freeze over the 1983 bombing of US barracks in Beirut, a bank spokesman said on Thursday....

Iran: Advocacy groups join in drive to tighten sanctions      05/17/2012

An American advocacy group that has successfully pushed for strict sanctions against Iran joined with a prominent European research organization to press for further economic penalties against Iran over its disputed uranium enrichment program....

Members of France's new cabinet announced      05/17/2012

The members of French President François Hollande's new cabinet were announced on Wednesday, including Pierre Moscovici as finance and economy minister and former premier Laurent Fabius (pictured) as the minister of foreign affairs....

Taiwan’s oil imports from Iran surge following halt in February      05/16/2012

Taiwan resumed oil imports from Iran in March after ceasing purchases a month earlier, according to data from Ministry of Economic Affairs....

U.N. and Iran agree to keep talking on nuclear      05/16/2012

ran and the U.N. nuclear watchdog ended two days of talks on Tuesday by agreeing to meet again next week, just two days before Tehran resumes negotiations with world powers concerned it may be seeking to develop atomic bomb capability....

Angela Merkel and Francois Hollande agree to work closely on increasing growth in Europe      05/16/2012

German Chancellor Angela Merkel and newly inaugurated French President Francois Hollande agree to work closely on increasing growth in Europe during their first official meeting in Berlin, The Telegraph reports....

EU studying impact of Iran ship insurance ban: UK      05/16/2012

Britain and France are studying a proposed European Union ban on insuring tankers carrying Iranian oil to see how severe an impact it would have on trade with non-EU countries, British Foreign Secretary William Hague said on Tuesday...