European Union foreign ministers on Monday adopted tough new financial and trade sanctions against Iran aimed at forcing a breakthrough in stalled talks on Tehran's contested nuclear programme.

The n

Britain, France and Germany have officially called for new European Union sanctions against Iran over its nuclear program, diplomats said Sunday.

The foreign ministers of the three countries wrote to

US which has been asking India to cut oil imports from Iran has said that the reduction has happened not because of its pressure but due to 'financial and commercial considerations'.

"Progress

India 'cannot just rupture' ties with Iran, Trade Minister Anand Sharma said on Wednesday, adding New Delhi will discuss oil imports from Tehran at a meeting of emerging world powerhouses.

India coul

US Treasury Secretary Timothy Geithner has lauded India for being 'very supportive' in many respects on the issue of sanctions against Iran.

Geithner, in response to questions from lawmakers, said U

India will continue to import oil from Iran without violating any international law, and has requested the United States and the European Union to take into account India's oil needs, Oil Minister Jai

India, publicly disdainful of sanctions to pressure Iran, has been left off a list of nations given a U.S. waiver from the measures, but is privately pushing its refiners for substantial cuts in impor

The United States has served notice on India and 11 other major importers of Iranian oil that a decision on imposing financial sanctions on them would depend on progress in cutting down supplies from

The United States has not included India and China in a list of 11 nations that would be spared financial sanctions as they have significantly reduced purchases of Iranian crude oil.

The exempted cou

Iraq has come forward to offer ‘substantial quantities’ of crude oil to Sri Lanka, as the island desperately looks for alternatives to Iranian crude, a news report said on Sunday.

Iran supplies nearl