Iran faces sanctions risk
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A defiant Iran faces the threat of U.N.   Security Council sanctions after the world body's atomic   watchdog said Tehran refused to stop work on its nuclear   program by a Thursday deadline.
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Major U.N. Security Council powers have agreed on an incremental increase in sanctions on Iran, including a new restriction on exporters doing business with the country, diplomats said Thursday.
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Iran dug in its heels over its nuclear program on Monday ahead of a meeting of Western powers to discuss tightening U.N. sanctions on Tehran amid Western fears it aims to produce nuclear weapons.
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The U.S. and its closest Western allies may soon call a vote on U.N. Security Council sanctions against Iran, even at the risk that Russia and China may abstain or veto the measures, officials said Sunday.
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A defiant Iran faces possible U.N.   Security Council sanctions after the world body's atomic   watchdog said Tehran refused to stop work on its nuclear   program by a Thursday deadline.
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Germany is prepared to impose additional sanctions on Iran in the ongoing conflict over its nuclear program, Germany's Deputy Foreign Minister Gernot Erler said in an interview. "We are prepared, with our partners, to discuss and decide on further sanctions," Erler said.
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DAVOS, Switzerland  - Iran said on Saturday it was surprised by proposed new sanctions over its nuclear program and said major powers should have waited for the verdict of a United Nations watchdog in March.
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Oil prices rose more than half a  percent on Thursday as Iran looked set to defy the United  Nations' deadline for halting nuclear enrichment, raising the  risk of sanctions against the world's fourth-biggest exporter.
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immediate threat of UN Security Council sanctions over US accusations it is trying to develop nuclear bombs. Iran, though oil-rich, says its atomic programme is aimed solely at generating electricity.
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New US sanctions on Iran Thursday sent shockwaves through the 2008 White House race, in which Tehran's behavior is fanning foreign policy rows among saber-rattling Republicans and war-wary Democrats.
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Iran said on Sunday the threat of   sanctions was a "psychological game" aimed at putting pressure   on the Islamic Republic over its nuclear program, which the   West fears is aimed at producing atomic weapons.
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The U.N. nuclear watchdog is likely to   report on Thursday that Iran has defied a deadline to halt   atomic fuel work, exposing it to possible sanctions over   Western fears Tehran may be secretly trying to build atom   bombs.
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Iran threatened on Monday to strike back  at Israel or any other country that attacked its nuclear  facilities.
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Confronted by mounting U.S. and U.N. pressure, Iran has been steadily shifting its trade from West to East and, with the benefit of record high oil prices, is likely to be able to withstand the new U.S. sanctions, according to U.S., European and Iranian analysts.
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Iran will consider taking 'illegal' steps if further UN sanctions are imposed over nuclear programme.
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The commitment to the UN&#39;s nuclear watchdog agency could derail an American drive to impose UN sanctions. Diplomats said Iran agrees to continue a freeze on uranium enrichment and to suspend related activities.
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LONDON -- US and European diplomats prepared yesterday to consider possible new sanctions in the standoff over Iran's nuclear program, even as Iran's top nuclear negotiator again signaled that Tehran would be willing to engage in "constructive and logical" negotiations with the United States.