Iran Focus

Sunday, May 26th, 2013

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Glencore says Iran metals swap deals did not violate sanctions

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Reuters: Swiss-based commodities giant Glencore Xstrata (GLEN.L) said on Thursday that it had done nothing wrong when it engaged in metal swaps with Iran, rejecting a suggestion by U.N. experts that such bartering could have been a way of evading sanctions against Tehran over its nuclear program.

Glencore, Trafigura deals with Iran may have skirted sanctions - U.N

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Reuters: Metals swap deals with Iran by Switzerland-based commodities giants Glencore Xstrata and Trafigura could have been a way of skirting international sanctions against Tehran over its nuclear program, according to a confidential U.N. Panel of Experts report seen by Reuters on Wednesday.

Iran paves over suspected nuclear-related testing site despite U.N. protests

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Washington Post: Iran has begun paving over a former military site where its scientists are suspected to have conducted nuclear-weapons-related experiments, according to a new U.N. report, a move that could doom efforts to reconstruct a critical part of Iran’s nuclear history.

US House panel backs stiff new Iran sanctions

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AFP: Iran could face tightened sanctions within months after a US congressional panel Wednesday adopted a measure targeting the nation's auto and mining industries as well as its foreign currency reserves.

US says Iran nuke saga has hit 'unfortunate milestone'

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AFP: The UN nuclear watchdog's latest report on Iran's nuclear program marks the "unfortunate milestone" of a decade of Iranian defiance of the body, the US State Department said Wednesday.

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