Russia has condemned a decision by the European Union (EU) to impose tougher sanctions against Iran, warning such measures will only make things worse with regards to Tehran’s nascent nuclear program and undermine the diplomatic process.

• Date: 23.01.2012  |  Published on EGF: 23.01.2012  |  Energy  |  from ibtimes.com

The decision by European Union foreign ministers to stop taking deliveries of crude oil from Iran might well represent a momentous change and a blow to Tehran.

• Date: 23.01.2012  |  Published on EGF: 23.01.2012  |  Energy  |  from rferl.org

Iran is being paid for oil sales to India through a Turkish bank, the managing director of the National Iranian Oil Company said Friday on Mehr news agency.

• Date: 21.01.2012  |  Published on EGF: 21.01.2012  |  Energy  |  from nowlebanon.com

China's premier, Wen Jiabao, was in the Persian Gulf this week talking about oil.
China has become increasingly concerned about all the threats of conflict with Iran in the Persian Gulf, which supplies China with a great deal of its oil.

• Date: 21.01.2012  |  Published on EGF: 21.01.2012  |  Energy  |  from npr.org

Foreign Minister Kevin Rudd called on China to consider halting its oil purchases from Iran in deference to efforts by the international community of pressuring Tehran to abandon its nuclear program.

• Date: 20.01.2012  |  Published on EGF: 19.01.2012  |  Energy  |  from au.ibtimes.com

Turkish Foreign Minister Ahmet Davutoglu Wednesday said both the European Union and Iran have expressed their readiness to resume talks on the nuclear issue.

• Date: 19.01.2012  |  Published on EGF: 19.01.2012  |  Energy  |  from oananews.org

Iran said on Wednesday it was in touch with big powers to hold fresh talks soon but the European Union denied it, with Britain saying Tehran had yet to show willingness for negotiations on its disputed nuclear work without preconditions.

• Date: 18.01.2012  |  Published on EGF: 17.01.2012  |  Energy  |  from haaretz.com

The United States reportedly sent a letter to Iran via multiple intermediaries last week warning Tehran that any attempt to close the Strait of Hormuz constituted a red line for Washington. The same week, a chemist associated with Iran's nuclear program was killed in Tehran. In Ankara, Iranian parliamentary speaker Ali Larijani met with Turkish officials and has been floating hints of flexibility in negotiations over Iran's nuclear program.

• Date: 18.01.2012  |  Published on EGF: 17.01.2012  |  Energy  |  from stratfor.com