Iran’s oil embargo on Britain has already driven price of petrol and diesel to an all-time high while the British foreign secretary denies any impact on Britain’s energy security. The Daily Mail reported on Tuesday that the price of diesel rose to 143.16p per liter while the price of crude oil continues to soar following Iran’s decision to stop oil exports to British and French companies. The... 

Israeli President Shimon Peres Israeli President Shimon Peres has reportedly called on Israeli officials to halt their recently intensified war rhetoric against Iran, describing such anti-Iran remarks as unnecessary warmongering. Peres told the Israeli officials that there is no point in the “unceasing self-intimidation,” and that Israel should leave “the Iran issue to the superpowers,... 

Iran says only European companies with 2 to 5 year contracts can but Iranian crude. A top Iranian oil industry official has said some European states have started negotiations with Tehran in order to purchase Iran’s crude oil. “Only European companies with a 2- to 5-year contract with Iran can purchase the country’s crude, otherwise [Tehran’s] relations with those companies will be reconsidered,”... 

Frontline Ltd.'s supertanker 'Front Shanghai' The International Energy Agency (IEA) says China has bought an additional 200,000 barrels per day of Iran’s oil in recent months. Didier Houssin, IEA director of energy markets and security, said on Tuesday that Beijing is the world’s second-biggest crude consumer and may continue to increase oil imports from Iran. “China has been... 

Iran says it will cut oil exports to more EU countries if they continue their hostile policies. After halting oil flow to Britain and France, Iran threatens to stop oil sales to other European Union member states if the EU continues its hostile policies. Iran’s Deputy Oil Minister Ahmad Qalebani on Monday hinted at the possibility of a halt in oil exports to Spain, the Netherlands, Greece, Germany,... 

Iran's Foreign Minister Ali Akbar Salehi Iran’s Foreign Minister Ali Akbar Salehi has expressed confidence that relations between Iran and Europe will be restored as the two sides are ‘complementary’ to each other. Neither European countries nor Iran can disregard the need for mutual cooperation because we are both complementary to each other, Salehi told reporters on the sidelines of... 

The move was confirmed by the country’s Oil Ministry, with the spokesman saying that Iran will be “selling its oil to new customers”. The decision is not expected to have a big impact, as France only bought three percent of its oil − 58,000 barrels a day − from the Islamic republic last year, and Britain buys less than 1 per cent. But it was seen as a warning shot to other EU nations that... 

Russian warships arrived at the Syrian port city of Tartus on Sunday, January 8. A senior Iranian lawmaker says the presence of Iranian and Russian naval forces in Syria’s coastal waters is a clear warning to the US to refrain from any possible military adventurism. “The United States should take Iran’s warning about [refraining from any possible] military intervention in Syria seriously,”... 

There are no signs of an end to the violence in Syria, Iran’s key ally in the region, with the West keen to change the Tehran-friendly regime. A noose is being drawn, but experts fear it may leave Iran compelled to act. ­Since the Iran-Iraq war of the 1980s, Iran and Syria have developed all sorts of ties. The Islamic Republic supplies arms, ammunition and military technology to the Syrian security... 

Iran’s decision to halt oil exports to some European Union member states has caused serious concern among major European consumers of Iranian crude such as Italy, Press TV reports. Tehran threatened to halt oil shipments to EU states after the bloc reached a decision on January 23 to ban Iranian oil imports for its members. The EU decision came after Washington imposed similar sanctions against... 

Iranian Warship An Iranian flotilla has arrived in a Syrian port to provide maritime training to the country’s navy, media reports. It’s only the second time Iranian warships have sailed through the Suez Canal into the Mediterranean. The ships have docked in the Syrian port of Tartus some 220 kilometres from the capital. They are due to take part in a joint training exercise with Syrian navy which... 

US Defense Intelligence Agency Director Lieutenant General Ronald Burgess says Iran will not initiate a war but will respond to any attacks. A senior US intelligence official has admitted that if attacked, Iran will respond but is unlikely to initiate or provoke a conflict. “Iran can close the Strait of Hormuz at least temporarily, and may launch missiles against United States forces and our allies... 

Russia's Chief of Staff General Nikolai Makarov Moscow is making preparations to respond to a possible Israeli or US military strike against Iran in 2012, report says. According to World Tribune, the Kremlin has ordered the military to draft options for a Russian response to any foreign attack on Iran’s nuclear facilities. The report added that the Russian Defense Ministry has set up a facility... 

Israel's Deputy Prime Minister and Defense Minister Ehud Barak (L) meets with Japanese Prime Minister Yoshihiko Noda at the latter's official residence in Tokyo on February 15, 2012. Japanese Prime Minister Yoshihiko Noda has warned Israel against the ramifications of launching a military strike on Iran over Tehran’s nuclear program. Noda told visiting Israeli Defense Minister Ehud Barak... 

Nikolai Makarov Russia’s top military boss says an attack against Iran, which the west suspects of developing nuclear weapons, could begin as early as summer. Thus far, tensions between Tehran and the west have been confined to the battlefield of heated rhetoric. Russia’s highest ranking military officer, however, predicts it may be just a matter of time before the verbal grenades get real. The...