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sanctions on iran News

Iranian news sources claim Obama recognizes Iran's nuclear rights

Tehran - Iranian officials have stated that President Barack Obama sent a message to Tehran through the Swiss Ambassador, saying he recognized Iran's nuclear rights. The message also said Obama did not want to impose sanctions on Iran's central bank.

Greece lifts objection to EU oil embargo on Iran

The EU has agreed in principle to impose an embargo on Iranian oil imports. The decision was reached after Greece, which vetoed the proposal in December, acceded to EU demands to comply.

Iran prepared to block oil shipments through Strait of Hormuz

Iranian officials have warned that if further sanctions are imposed on Iran they will use their capability to block the vital oil route of the Strait of Hormuz.

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