A foreign vessel smuggling 300 thousand liters of fuel was stopped and confiscated by Iranian law enforcement police in the country’s southern port city of Minab.

Iran and Belarus Wednesday signed a deal worth an initial 250 million dollars to develop an oil field in southwest Iran, the latest sign of the expanding relationship between the two US foes.

Japanese firm Nippon Oil is to start paying for Iranian oil in yen, rather than in US dollars.