Iran

Japan cuts in Iran crude imports could be over 20 pct - report

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TOKYO - Japan may cut Iranian crude oil imports by a more-than-expected 20 percent as it seeks a waiver from U.S. sanctions, a newspaper reported on Thursday, a move which would spare its banks from a major blow but also boost its rising fuel import bill.

Japan cuts in Iran crude imports could be over 20 percent: media

TOKYO - Japan may cut Iranian crude oil imports by a more-than-expected 20 percent as it seeks a waiver from U.S. sanctions, a newspaper reported on Thursday, a move which would spare its banks from a major blow but also boost its rising fuel import bill.

8:34am GMT

UPDATE 6-Japan cuts in Iran crude imports could be over 20 pct-media

* Indirect price rise impact could hurt Japan economy (Adds deputy PM quotes paragraphs 5-6)

Regulatory News, Japan 8:31am GMT

Brent oil holds near $123 as Iran offsets economy worries

SINGAPORE - Brent crude held steady on Thursday near a nine-month high of about $123 as supply worries caused by heightened tension between Iran and the West offset concern that a slowdown in the global economy could curb oil demand.

7:28am GMT

CORRECTED-UPDATE 4-Japan cuts in Iran crude imports could be over 20 pct-media

(Corrects paragraph 7 to make clear India is not seeking a waiver)

Regulatory News, Japan 7:11am GMT

South Korea says talks with U.S. on Iran oil "going smoothly"

SEOUL - South Korean Finance Minister Bahk Jae-wan said on Thursday the country's talks with the United States on cutting crude oil imports from Iran under the U.S. sanctions policy were "going smoothly."

6:09am GMT

UPDATE 3-Japan cuts in Iran crude imports could be over 20 pct-media

* Indirect price rise impact could hurt Japan economy (Adds price information, S. Korean delegation in U.S.)

Regulatory News, Japan 6:05am GMT

Iran talks failure sparks confrontation fears

VIENNA/TEHRAN - The U.N. nuclear watchdog's latest mission to Iran failed to budge a defiant Tehran over its disputed nuclear program, sending oil prices to a nine-month high over fears of an increasing risk of confrontation with the West.

6:01am GMT

Iran talks failure sparks confrontation fears

VIENNA/TEHRAN - The U.N. nuclear watchdog's latest mission to Iran failed to budge a defiant Tehran over its disputed nuclear programme, sending oil prices to a nine-month high over fears of an increasing risk of confrontation with the West.

5:59am GMT

Iran defiant as U.N. nuclear talks fail

VIENNA/TEHRAN - The U.N. nuclear watchdog ended its latest mission to Iran after talks on Tehran's suspected secret atomic weapons research failed, a setback likely to increase the risk of confrontation with the West.

22 Feb 2012
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Assad forces renew barrage on Syria's Homs

AMMAN/BEIRUT - Syrian President Bashar al-Assad's forces bombarded opposition Sunni Muslim districts in the city of Homs for the 20th day on Thursday, activists said, despite international outrage over the reported killing of more than 80 people on Wednesday. | Video

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Greeks on the street

Greeks smashing windows and setting fire to shops and banks in a fury of opposition to yet more austerity is gripping, but not unique. There are underlying elements than make such uprisings more common in Greece than elsewhere.