Iran to retaliate for UN sanctions

In tit-for-tat move, Teheran to inspect other countries' transports.

AhmadinejadTeheranAirport311 (photo credit: Associated Press)
(photo credit: Associated Press)
Iran's parliament has adopted a bill authorizing tit-for-tat retaliation against countries that inspect Iranian ships and aircraft as part of the latest set of UN sanctions slapped on Tehran.
Iran's state radio broadcast the Tuesday parliament session live.
RELATED:'Sanctions disrupt Iran-India projects'German bank funding Iran nuke programUS Iran sanctions starting to pinchThe bill follows last month's UN Security Council resolution to impose a fourth set of sanctions against Iran over its disputed nuclear program. The latest sanctions authorize international inspection of suspicious Iranian cargo ferried by ships or aircraft.
Economic pressure on Iran has increased over the past few weeks as tougher UN and US sanctions have begun to take effect.
On Monday, India's Petroleum  Secretary S. Sundareshan was quoted by the Wall Street Journal as saying that latest round of unilateral US sanctions against Teheran could derail planned energy projects between Iran and India.
Indian energy companies were considering deals with Iran, a large potential oil source for the fast-growing country. The two countries recently restarted talks over a $7.4 billion natural gas pipeline from Iran to India and Pakistan.