Iran's rial hits an all-time-low against the US dollar

Iran's currency, the rial, fell as much as 18% on Monday to a record low against the US dollar, according to media reports.

Russia warns EU Iran oil embargo will be costly

(Reuters) - Russia pressed its case against new sanctions over Iran's nuclear program on Friday, saying an European Union ban on purchasing Iranian oil would end up hurting the bloc's member countries.

Ex-national security adviser: No apologies to Israel over Iran’s nuke program

President Obama’s former national security adviser says the U.S. has no reason to apologize to Israel for its handling of Iran and notes that the U.S. has been able to “contain” other nations that have acquired nuclear weapons.

Conflict in Iran would have disastrous consequences: India

WASHINGTON: Warning that any attack on Iran would be disastrous for the region, India has said that a series of recent media reports in the US have distorted its foreign policy objectives and energy security needs.

Global clearinghouse ready to evict Iranian banks

BRUSSELS (AP) — A financial clearinghouse used by virtually every country and major corporation in the world agreed Friday to shut out Iran from its respected network, an unprecedented escalation of global economic pressure to halt Iran's suspected drive for nuclear weapons.