Iran slams EU oil embargo, warns could hit U.S

TEHRAN/BRUSSELS (Reuters) - Iran accused Europeans on Monday of waging "psychological warfare" after the EU banned imports of Iranian oil, and U.S. President Barack Obama said Washington would impose more sanctions to address the "serious threat presented by Iran's nuclear program."

The Islamic Republic, which denies trying to build a nuclear bomb, scoffed at efforts to choke its oil exports, as Asia lines up to buy what Europe scorns.