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Iran to triple capacity to enrich 20% uranium

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AFP: Iran plans to triple its capacity to purify uranium later this year when it transfers the work from the central city of Natanz to the Fordo site, the country’s nuclear chief said on Wednesday.

Japan banks unlikely to settle India-Iran oil payments

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Reuters: Japan is unlikely to allow India to use Japanese banks to provide a clearing house mechanism for India to pay for Iranian oil imports, Japan’s deputy foreign minister told Reuters on Tuesday.

Iran inflation acelerates to 14.2% in May, Central Bank says

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Bloomberg: Iran’s inflation accelerated to 14.2 percent in the 12 months through the Iranian month of Ordibehesht, which ended May 21st, from 13.2 percent in the previous month, according to data published on the central bank’s website.

US plans to sabotage Pakistan nuke facilities: Iran

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AFP: Iranian President Mahmoud Ahmadinejad on Tuesday accused Washington, Tehran’s arch-foe, of planning to sabotage Pakistan’s nuclear facilities, during a media conference in Tehran.

Taiwan, China runners drugged in Iran: report

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AFP: Three marathon runners from Taiwan and China allegedly had their drinking water spiked with “date rape drug” Rohypnol while in Iran, their team and Taiwanese media said Tuesday.

U.S. to press Japan, South Korea on Iran sanctions

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Reuters: A top Treasury Department official is set to travel to Japan and South Korea this week to encourage tough implementation of international sanctions aimed at Iran’s nuclear program.

Iran’s Aliabadi to attend OPEC meeting, Vice President says

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Bloomberg: Iran’s Mohammad Aliabadi, appointed last week by President Mahmoud Ahmadinejad as the nation’s acting oil minister, will represent the nation when OPEC members meet this week, the ministry’s news website Shana said.

Iran sends submarines to Red Sea: report

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Reuters: Iran has sent submarines to the Red Sea, the semi-official Fars news agency reported on Tuesday, citing an unidentified source, in a move that could anger Israel.

Iran says no offer can stop it enriching uranium

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Reuters: No offer from world powers can persuade Iran to stop enriching uranium, President Mahmoud Ahmadinejad said on Tuesday, dismissing the key demand of countries that fear Tehran is developing nuclear weapons.

Obama: New sanctions against Iran may be coming

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Reuters: President Barack Obama said on Tuesday the United States and its allies may slap more sanctions on Iran over its nuclear program, after Tehran vowed that no offer could halt its enrichment of uranium.