Europeans are concerned about high fuel prices resulting from the Iran oil ban and its negative effects on the economic situation of their countries. A new poll conducted in five European countries shows most people are against imposing sanctions on Iran’s oil sector. A total of 2,100 adults in Germany, France, Austria, Sweden and Poland responded to the poll which was conducted by the German... 

Shah Deniz gas field BP Plc, UK, and EU have reportedly convinced US lawmakers to exempt a BP-led project from the newly- proposed Washington sanctions on Iran. This is a clear indication that the West is pushing for stricter embargoes on Tehran without harming its own economy. US senators have discussed provisions that could bar companies like BP from working with the National Iranian Oil Company... 

India's Ambassador to the UN Hardeep Singh Puri The permanent representatives of China and India to the United Nations say the US-led sanctions on Iranian oil sector are neither logical nor economically viable. Chinese Ambassador to the UN, Li Baodong said that US officials should reconsider their move on sanctioning Iran’s oil sector since these requests are irrational and contrary to other...