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2012-05-20
Euro-Zone Crisis: U.K. Prime Minister Cameron's Warning To Greek Voters

Chen Guangcheng's Family And Friends 'Still At Risk' In China

Nationalist Wins Serb Presidential Run-Off Election

Convicted Lockerbie Bomber, Abdelbaset al-Megrahi, Dies

Update: Italy Earthquake Kills 5 And Destroys Centuries Of History

President Obama Touts 'Emerging Consensus' On Reviving Europe

Presidents Obama, Hollande Help Tilt G-8's Balance To Stimulus

The Age Of Extreme Oil - 'This Used To Be A Forest?'

Germany Isolated Over Euro Crisis At G-8 Meeting In Chicago

Scientist Who Championed 'Gay Cure' Admits He Was Wrong

At Least 3 Dead As 5.9 Magnitude Earthquake Rocks Northern Italy

Protesters Set Stockades Ablaze In Busy Montreal Streets

2012-05-19
G-8 Leaders End Summit With Pledge To Keep Greece In Euro Zone

President Obama Takes Republicans To Task Over 'Battle' Against Wall Street Reform

Prosecutors: Three NATO Protesters Planned Attack On President Obama's Campaign Headquarters

1 Girl Killed, 7 Injured In Bomb Attack On Italian School

Syrian Car Bomb Kills Nine, Injures Hundreds

Chen Guangcheng Arrives In U.S. But Fears For Family's Safety

SpaceX Dragon To Launch This Morning At 04:55am EDT

Iran, Syria Among Top Issues For G-8 And NATO

Millennia-Old Microbes Found Alive In Deep Ocean Muck

Chen Guangcheng Says He And Family Are Set To Leave For U.S.

ScienceWonkblog - Radioactive Smuggling

Secrecyblog: NSA Declassifies Secret Document After Publishing It Online

Canada's Harper Government Shuts Down Green Business Advisory Agency

Annular Solar Eclipse Viewable From U.S. On Sunday

Unemployment Update - May 2012

2012-05-18
Battle To Save The Euro Moves To Camp David

'Lost Nation' - U.S. Think Tank Slams Germany's NATO Role

Eyes On The Prize - Beijing Sets Its Sights On Central Europe


Asian Economies Look To Keep Iranian Oil Flowing
2012-01-07 03:14:33 (19 weeks ago)
Posted By: Intellpuke
China, the biggest buyer of Iran's oil, has publicly rejected U.S. sanctions aimed at Tehran's energy industry while American allies Japan and South Korea are scrambling to find a compromise to keep critical supplies flowing.

Beijing is buying less Iranian crude this month, but analysts say China is unlikely to support an oil embargo. Instead, they say, the smaller purchases might be a tactic aimed at obtaining lower prices as the West squeezes Tehran.

The sanctions approved by President Barack Obama on New Year's Eve have highlighted the importance of Iranian oil supplies to East Asia's energy-hungry economies. They have led to a clash of interests between Washington and key commercial and strategic partners over efforts to stop Iran's nuclear program.

"We are considering our response and are closely discussing the matter with the U.S.," a Japanese Foreign Ministry official, Kazuhiro Kawase, said Friday.

A South Korean Foreign Ministry spokesman said this week Seoul is in talks with Washington aimed at "minimizing the negative impacts" of sanctions. South Korea imports 97 percent of its oil and depends on Iran for up to 10 percent of its supplies.

(story continues below)




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