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Russia to work with Iran on energy despite sanctions

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Reuters: Russian Energy Minister Sergei Shmatko said on Wednesday that international sanctions against Iran will not hinder plans to develop joint energy and power projects with the Islamic Republic.

Dubai curbs Iran trade under sanctions regime hurting business

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Bloomberg: Business with Iran at CP World, a freight forwarder in Dubai, has fallen 20 percent in the last two months and director Abhijit Pradhan says it may drop further as the emirate cracks down on trade with the Islamic Republic.

EU says Iran talks must focus on nuclear programme

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Reuters: The European Union has told Iran in a letter that it welcomes a proposal to resume dialogue as early as September but says talks must focus on Tehran’s nuclear programme.

Russia, Iran sign energy cooperation pact

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Reuters: The Russian and Iranian energy ministries signed a “road map” on Wednesday outlining long-term energy cooperation and said they would aim to set up a joint bank to help fund bilateral projects.

Iran and the missile defense imperative

Wall Street Journal: U.S. intelligence now sees Tehran developing intercontinental missiles by 2015. If we continue our current strategy, we will not be able to counter the threat.

FACTBOX-Foreign companies stepping away from Iran

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Reuters: A growing number of oil companies, trading houses and other international firms have stopped doing business with Iran this year as the U.S. has led international efforts to isolate Tehran.

Iran scientist heading home via third country: ISNA

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Reuters: An Iranian nuclear scientist who disappeared more than a year ago and mysteriously turned up in Washington is on his way back to Iran via a third country, Iran’s foreign ministry spokesman said on Wednesday.

General warns of attacks on U.S. troops leaving Iraq

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Los Angeles Times: A militant group reportedly backed by Iran is suspected of planning attacks, which could be billed as a blow to America’s prestige in the Middle East.

ANALYSIS-Sanctions tighten pressure on Iran’s oil industry

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Reuters: A new round of U.S. and European sanctions targets Iran’s dilapidated oil sector from top to bottom, making it even more difficult to maintain output capacity and domestic supplies of fuel.

Iraq cabinet to summon Kurds over Iran fuel sales

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Reuters: Iraq’s oil minister on Tuesday criticised the authorities of the semi-autonomous Kurdish region for allowing fuel to be exported to neighbouring Iran without approval from the central government.