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U.S. signals major shift on Iran nuclear program

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Los Angeles Times: The Obama administration might support letting Iran continue enriching uranium up to 5% purity if it agrees to other U.N. restrictions.

US deploys F-22s to base near Iran

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Fox News: The U.S. military has deployed several F-22s, the nation’s most advanced fighter jets, to an allied base less than 200 miles from Iran.

Abydos hedge fund prepares for Iran strike

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Reuters: Abydos Capital, a new hedge fund run by a former partner at one of London’s most high-profile oil investors, is worried about a potential military strike against Iran and plans to use options to protect his portfolio.

Iran talks breakthrough has one-in-three chance, Carnegie says

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Bloomberg: The chances of a breakthrough in talks over Iran’s disputed nuclear program are now as high as one in three, said Dmitri Trenin of the Carnegie Endowment for International Peace.

Tehran a rational actor, cleric says

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UPI: Tehran is a rational actor in the international community and welcomes open dialogue, a cleric leading Friday prayers in Tehran said.

Iran denies China cut imports of its oil – agency

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Reuters: An Iranian oil official denied major buyer China had cut imports of crude from the country in 2012, the semi-official Mehr news agency reported on Friday, after Chinese data showed they were a third lower in the first quarter than a year earlier.

Sri Lanka to upgrade refinery to use non-Iran oil

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Reuters: Sri Lanka will refurbish its only refinery, now designed to refine mainly Iranian light crude, to process many other grades to enable the island nation to face a decline in Iranian crude imports after U.S. sanctions get effective by end June, Petroleum Industries minister said on Friday.

Iran’s Oil Ministry under cyberattack

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UPI: Iran’s Oil Ministry, already battling stringent economic sanctions aimed at throttling the country’s oil exports, is now having to fight on another front: cyber attacks.

US may have to strike Iran: Republican VP prospect

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AFP: Potential Republican vice presidential candidate Marco Rubio said Wednesday that a unilateral “military solution” from the United States may be needed to stop Iran from acquiring a nuclear bomb.

Iran ‘mobilizing’ for cyberwar with West: experts

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AFP: Iran is busy acquiring the technical know-how to launch a potentially crippling cyber-attack on the United States and its allies, experts told a congressional hearing on Thursday, urging the US to step up its defensive measures.