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Iran says is building copy of captured US drone

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AP: Iran said Sunday that it had reverse-engineered an American spy drone captured by its armed forces last year and has begun building a copy.

Iran targets 850,000 barrels oil from shared fields, Shana says

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Bloomberg: Iran plans to produce 850,000 barrels a day from fields it shares with Iraq and Qatar by 2015, the director of combined planning at National Iranian Oil Co. said, according to the Oil Ministry website Shana.

UN sanctions against Iranians in arms smuggling

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AFP: The United Nations has added two Iranians and a company to its sanctions blacklist over their involvement in arms smuggling through Nigeria, officials said Friday.

Iran’s supreme leader embraced concept of nuclear arms, archival document suggests

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Washington Post: In a speech three months ago, Iranian Supreme Leader Ayatollah Ali Khamenei repeated his religious edict against nuclear weapons, insisting that his country would never build them.

Sanctions leave Iran with few options for selling oil

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CBS: For years, the U.S. and Europe have been trying everything short of going to war to get Iran to drop its nuclear program. That includes unprecedented sanctions. CBS News correspondent Anthony Mason looks into how those sanctions are working.

Iran to import 1.7 mln T wheat in 2012/13 – FAO

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Reuters: Iran’s wheat import needs are expected to drop 32 percent year on year to 1.7 million tonnes in the 2012/13 marketing year (April/March) thanks to higher carryover stocks from the current season, the UN’s Food and Agriculture Organisation said.

Iran cleric praises atom talks, signals shift – analysts

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Reuters: An influential Iranian cleric praised recent nuclear talks between Iran and world powers on Friday, the latest in a series of positive statements from senior figures that analysts said could signal Tehran is softening its stance.

Ban Ki-moon looks forward to Iranian nuclear talks

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UPI: The U.N. Secretary-General expressed hope that nuclear talks with Iran in Baghdad would ally the concerns of the international community.

Iran builds submarine force in Persian Gulf face-off

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UPI: Iran has been building up its submarine fleet for the last decade, adding mainly indigenously built small boats armed with torpedoes and mines that make them ideal platforms to carry out Tehran’s threat to close the Strait of Hormuz, the gateway to the Persian Gulf.

Iran urges Bahrain to end ‘suppression’

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AFP: Iran urged Bahrain on Friday to “end suppression and pay attention to its people’s demands,” ahead of the controversial Grand Prix race there, the official IRNA news agency reported.