CNN producer Tim Lister says Iran is trying to get around sanctions by selling its oil on the black market.
South Korea said Tuesday that it will halt all Iranian oil imports from the start of July in response to a European Union insurance ban on tankers carrying crude from Iran.
Despite the recent fall in oil prices, analysts say President Obama is still likely to tap the Strategic Petroleum Reserve as sanctions on Iran take hold.
China's trade surplus jumped in April as imports and exports both further decelerated, renewing fears of a harder than expected landing for the world's second-biggest economy.
U.S. Secretary of State Hillary Clinton on Monday applauded India's efforts to reduce its imports of Iranian oil but urged it to cut them further to keep pressure on Tehran over its nuclear program.
Iran is accepting renminbi for some of the crude oil it supplies to China, industry executives in Beijing and Kuwait and Dubai-based bankers said, partly as a consequence of US sanctions aimed at limiting Tehran's nuclear programme.
Former Israeli Prime minister Ehud Olmert tells Christiane Amanpour that military action against Iran is a last resort.
George Clooney and John Prendergast discuss their efforts to raise awareness about violence in Sudan.
If all had gone to plan, Sudan and South Sudan would have been neighbors co-existing in a strained but civil peace, aware of a bitter history but resolved to moving on.
At a news conference, President Obama says Iran has little time left to negotiate the conditions of its nuclear program.
China, South Korea and Japan dramatically cut their oil imports from Iran in February following intense US efforts to persuade Asian buyers to comply with Washington sanctions on Iran's central bank.
For me, the issue of skyrocketing gasoline prices came into focus about four years ago, when the national average that Americans paid at the pump reached an all-time high of $4.11 a gallon. Today, the average -- up 30 cents in the last four weeks, and 13 cents in the last week alone -- is about $3.70.
For a battleground state that relies heavily on tourism, rising gas prices are striking a nerve. George Howell reports.
Billionaire energy investor T. Boone Pickens provides his plan to drastically cut foreign oil imports.
As a U.N. inspection team arrives in Iran, CNN's Matthew Chance explains the impact of sanctions on its economy.
Chinese media on Wednesday played up the positives in Xi Jinping's visit to Washington, avoiding mention of U.S. criticism of human rights but broaching issues of trade and U.S. discontent with the strength of the Chinese currency.
Chinese imports fell sharply in January, a sign of sluggish domestic demand that will fuel concerns about whether the fragile global economy can count on China as a bastion of growth.
The United States has moved to freeze assets of Iran's government and financial institutions, saying they had engaged in "deceptive practices," President Barack Obama's administration announced Monday.
Iran summoned Denmark's ambassador to Tehran to protest a decision by the European Union to impose sanctions on Iran's oil imports, the semiofficial Fars News Agency reported.
Amos Yadlin, the recently retired chief of of Israeli military intelligence, discusses sanctions against Iran.
Australia will follow the European Union's lead in imposing sanctions on Iran's oil imports, Foreign Secretary Kevin Rudd said Tuesday in London, amid international concern over Tehran's nuclear ambitions.
The United States is banning the importation of four species of snakes and their eggs, the Interior Department announced Tuesday.
Japan is prepared to gradually reduce the amount of oil it imports from Iran, Finance Minister Jun Azumi said Thursday, as the United States seeks to muster international support to put fresh pressure on Tehran over its nuclear program.
Talks between the U.S. and China centered on Iran's nuclear program and the global economy. Eunice Yoon reports.
The U.S. Food and Drug Administration says it has halted shipments of imported orange juice from all over the world and will test each one for traces of fungicide.
Orange juice futures surged Tuesday amid fears the U.S. government could ban Brazilian orange juice after low levels of fungicide were detected by a juice company.
The U.S. Commerce Department said Wednesday that it would investigate allegations that Chinese solar cell manufacturers are illegally "dumping" their products on the American market at excessively cheap prices.
Turkish companies are reeling from a recent Syrian government decision to ban the import of products that have a customs tax of more than 5%. Meanwhile, the Turkish government is considering whether or not to slap punitive policies, such as possible economic sanctions, against its eastern neighbor and former close political ally.
The U.S. trade deficit widened in May to the largest level in more than 2-1/2 years, as exports slowed during an economic soft patch, and imports picked up along with higher oil prices.
Benjamin Pedley of HSBC Private Bank discusses rising inflation in China and the risk of a hard landing for Beijing.
The European Union has barred the import of certain seeds from Egypt after Egyptian fenugreek seeds were linked to deadly outbreaks of E. coli in France and Germany.
Russia has lifted a ban on some fresh vegetable imports from the European Union as of Tuesday, a senior official said.
The gap between U.S. exports and imports narrowed slightly in April, as Japan's earthquake weighed on the global auto supply chain, according to a government report.
Despite complaints from Europeans, Russia will keep intact its ban on vegetables from the European Union because of the outbreak of a rare strain of E. coli, Russian Prime Minister Vladimir Putin said Friday.
Infectious disease detectives worldwide rushed Thursday to find the cause of an outbreak of a rare strain of E. coli that has spread to 10 countries and is blamed for at least 16 deaths and hundreds of illnesses.
Jorg Debatin of Hamburg Medical Center discusses how doctors are responding to the latest E.coli cases.
An outbreak of E. coli in Germany that has killed at least 16 people and left hundreds battling infection in 10 countries raises questions about what risks the infection continues to pose and what fallout it will cause.
Nkepile Mabuse reports on how cheap Chinese imports are threatening the local textile industry in South Africa.
Surging oil prices drove the U.S. trade deficit further into the red in March, according to government data released Wednesday.
The earthquake and tsunami that devastated Japan last month also had a major impact on the country's trade balance.
Donald Trump's call for a 25% tariff on Chinese goods is winning him a lot of attention as he weighs a presidential run in 2012.
The U.S. trade gap narrowed in February, as both exports and imports declined during the month.
For the first time in seven years, China reported a quarterly trade deficit, as imports soared to an all-time high.
Hong Kong suspended food and milk imports from five prefectures in Japan on Wednesday after radiation was detected in vegetable imports at the city's international airport.
Japan faces another threat to its vast seafood industry. CNN's Anna Coren reports.
Ford's Lincoln luxury car brand scored No. 1 in dependability in the latest annual survey from J.D. Power and Associates, its first time in the top spot.
The U.S. trade deficit widened to a five-month high in January, as imports surged across a variety of sectors, far outpacing exports.
The Treasury Department has again delayed a decision to label China a "currency manipulator," even as more U.S. leaders call for efforts that would penalize China for undervaluing the yuan.
If we have learned anything from the failed energy policies of every president since Richard Nixon, it is this: Reducing America's heavy oil import dependence is easier said than done. However, if America truly wants to return to its full potential economic growth rate, we must significantly reduce that oil import dependence.
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