Iran says South Pars field to attract $11 billion by March 20

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Bloomberg: Iran plans to attract a total $11 billion of investment in its South Pars natural gas field by March 20, the end of the Iranian calendar year, Pars Oil and Gas Co. managing director Mousa Souri said, without specifying where the investment would come from.

Gubretas say Turkey draws firms to invest in Iran, Milliyet says

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Bloomberg: Dubai-based business are setting up branches in Turkey to trade more easily with Iran, Milliyet newspaper reported, citing Mehmet Kocaman, the Turkish part- owner of an Iranian fertilizer maker.

Ahmadinejad: Upheaval will reach Europe, America

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AP: Iran’s president is warning that the wave of protests sweeping the Middle East will spread to Europe and North America.

Former top US government officials urge President Obama to stand with the Iranian people, unshackle Iran’s main opposition at ExecutiveAction conference

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Business Wire: In a conference in Washington, DC, Saturday, a number of former top officials of the current as well as Clinton and Bush administrations, expressed solidarity with the people of Iran and urged the Obama Administration to adopt a proactive policy in support of millions of Iranians who are demanding change in Iran.

US eyes Iranian warships in Mediterranean

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AFP: The United States is “watching carefully” two Iranian warships that entered the Mediterranean Sea on Tuesday, officials said.

Iran stops oil activities in Libya -Mehr agency

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Reuters: Iran has stopped its oil related activities in Libya and will evacuate staff in the next 48 hours, the semi-official Mehr news agency reported on Tuesday.

Iran rights abuse raises threat of new EU sanctions

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AFP: Several European countries are gunning for new sanctions against Iran due to recent human rights violations, including the execution of an Iranian-Dutch national, a diplomatic source said Tuesday.

Sinopec retools Tianjin crude unit for Iran condensate-source

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Reuters: China’s Sinopec Corp is retooling an idled crude distillation unit at its Tianjin refinery into a condensate splitter to process Iran’s South Pars condensate, an industry official told Reuters on Tuesday.

Iran forces ‘raid Karroubi homes, arrest son’

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AFP: Iranian security forces swept through the homes of opposition leader Mehdi Karroubi and his family, arresting one of his sons and confiscating several documents, his website reported on Tuesday.

Malaysian police arrest Iranians over drug haul

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AFP: Malaysian police said Tuesday they have dented a major drugs syndicate with the arrest of two Iranian women with over 6.2 kilogrammes of methamphetamine on a resort island.