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Iran predicts OPEC to cut output at November meeting

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ImageAFP: Iran on Sunday predicted that OPEC would cut oil output at its November meeting in Vienna, the state-run television news website reported.

Iran seeks U.N. Security Council seat

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ImageReuters: Iran, under U.N. Security Council sanctions over its nuclear program, will seek a seat on the council in an election this week that will pit it in a probably hopeless contest against Japan.

Iran’s government fails to end bazaar tax strike

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ImageReuters: A week-long strike against a new value added tax (VAT) appeared to be spreading in Tehran's bazaar on Sunday, even though the Iranian government suspended the measure for two months, witnesses said on Sunday.

Oil price fall an “alarm bell” – Iran cbank official

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ImageReuters: The falling oil price is an "alarm bell" for Iran, the world's fourth-largest crude producer, a senior central bank official said in comments published on Sunday.

Yemen tries nationals accused of spying for Iran

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ImageAFP: The trial began on Saturday of three Yemenis who are alleged to have spied for Iran.

Iran calls for oil market stability as prices slide

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ImageReuters: Iran's oil minister said on Saturday the main problem facing the oil market was related to demand and called for stability, speaking a day after crude prices dropped more than 10 percent.

Dubai is the ‘hole in the net’ of sanctions on Iran

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ImageDaily Telegraph: Iran is evading United Nations sanctions by running a global network of merchants prepared to supply equipment that could be of military use.

Somalia pirates release Iranian bulk carrier- IRNA

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ImageReuters: An Iranian bulk carrier and its 29 crew was released by pirates on Friday, seven weeks after it was hijacked off the coast of Somalia in August, Iran's official IRNA news agency.

India will become Iran’s main buyer of oil in 2009

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ImageIran Focus: Tehran, Iran, Oct. 10 – Iran said on Friday that India would in 2009 become its top Asian buyer of oil, ahead of China and Japan.

India will become Iran’s main buyer of oil in 2009

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ImageIran Focus: Tehran, Iran, Oct. 10 – Iran said on Friday that India would in 2009 become its top Asian buyer of oil, ahead of China and Japan.