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Exclusive: Iran defaults on rice payments to India

NEW DELHI (Reuters) - Iranian buyers have defaulted on payment for about 200,000 tonnes of rice from their top supplier India, exporters and rice millers said on Tuesday, as trade between the two countries comes under mounting pressure from a new wave of Western sanctions against Tehran. more

Iran calls U.S. assets ban "antagonistic" move

TEHRAN (Reuters) - Iran rejected as an "antagonistic move" on Tuesday a tightening of U.S. sanctions that targets the Islamic state's Central Bank and gives U.S. banks new powers to freeze assets linked to the Iranian government. more

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