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Azerbaijan exports oil via Iran as Med outlets fail

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ImageReuters: Azerbaijan's national oil company, SOCAR, said on Monday it had begun exporting Azeri Light crude to Iran to compensate for export constraints imposed by a pipeline blast in Turkey and war in Georgia.

Iran mulls production sharing contracts for Caspian oil: report

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ImageAFP: Iran might for the first time offer production sharing contracts to develop its Caspian Sea oil fields, in a bid to attract foreign investors to a region with high exploration costs, a report said on Monday.

Iran kicks off production of locally built sub

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ImageAP: Iranian state TV says the country has launched production of a domestically built submarine capable of firing missiles and torpedoes.

Iran plans new nuclear facility

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ImageNew York Sun: On the heels of a breakdown in talks intended by the West to defuse the Iranian nuclear crisis, Iran is planning to build a new nuclear power facility.

Passenger jet bound for Iran crashes in Kyrgyzstan

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ImageAP: A passenger jet carrying 90 people, including a Kyrgyz high school sports team, crashed shortly after takeoff Sunday near the Kyrgyz capital, killing 65, government officials said.

Chief cleric of Iran defends president

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ImageNew York Times: Ayatollah Ali Khamenei, Iran’s supreme religious leader, responded to mounting domestic criticism of President Mahmoud Ahmadinejad with a strong statement of support, praising his internal policies and his dogged defense of the country’s nuclear program, Iranian news media reported Sunday.

Iran: 2nd nuclear power plant in design stage

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ImageAP: Iran's official news agency says the country has begun designing its second light-water nuclear power plant, a 360-megawatt facility in the southwest.

Iran’s supreme leader defends Ahmadinejad

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ImageAP: Iran's supreme leader was quoted Sunday as praising President Mahmoud Ahmadinejad for "standing up to" the West in a dispute over the country's nuclear program, amid growing domestic criticism of the president's management.

Iran will hit back if Israel attacks: Hezbollah

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ImageReuters: Israel will be targeted by thousands of rockets if it attacks Iran, a senior official in the Tehran-backed group Hezbollah said on Sunday.

Iran leader warns Ahmadinejad on inflation

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ImageAFP: Iran's supreme leader Ayatollah Ali Khamenei has warned President Mahmoud Ahmadinejad against economic policies which would further fuel inflation, a press report said on Sunday.