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Israel demands immediate effect of Iran sanctions

Israel says an EU embargo on Iranian oil and additional sanctions -- due to take effect from July -- should begin now.
comments (3)

Engen buys Saudi oil to replace Iran's shortfall

Trade sources say Engen has decided to buy additional crude from top oil exporter Saudi Aramco after it halted imports from Iran.
comments (0)

Don't punish your friends

The US forcing countries to stop oil imports from Iran needs to be considered carefully as it's the consumer who will be expected to pay up.
comments (8)

Netanyahu defiant in the face of sanctions

Israeli PM Benjamin Netanyahu says international sanctions are hurting Iran's economy but not enough to persuade it to curb its nuclear ambitions.
comments (2)

Shell feels the bite of Iran sanction with R1bn debt

Shell is struggling to pay off $1-billion that it owes Iran for crude oil because EU and US sanctions make it almost impossible to process payments.
comments (1)

South Africa suspends Iran oil imports

South Africa has suspended almost all of its oil imports from Iran and intends to abide by a US request to significantly drop supplies from the state.
comments (8)

SA idles in neutral as Iran oil fuels diplomatic tension

South Africa is walking a fine line, balancing conflicting East-West attitudes to Iran while protecting oil imports and warding off fuel price hikes.
comments (13)

Iran lashes out at Western motives

Iran has condemned what it calls the use of oil as a political tool against producers, referring to Western sanctions over Tehran's nuclear programme.
comments (0)

Iran's catch-me-if-you-can oil sanctions strategy

International sanctions have a patchy history, and Iran's oil elite have been dodging them for decades, writes Peg Mackey.
comments (4)

Tehran is 'immune to sanctions'

US officials say the embargoes against Iran are doomed to fail and are now just a means to delay an attack by Israel on the country.
comments (3)

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Sponsored Press Releases

Business takes slack approach on mobile devices
ITWeb
Ipsos announces Quality Award winners 2012
Ipsos
mapIT supports AVIS Unogwaja Challenge
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Unshaped ADSL with static IP address
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