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India, Iran to seal gas pipeline deal ‘by next month’: oil minister

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ImageAFP: India expects to sign a deal "by next month" on a pipeline that will transport gas across the subcontinent from Iran, Indian oil minister Murli Deora told AFP on Thursday.

U.S. says Iran may face more sanctions

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ImageReuters: Iranian banks could face further sanctions unless Tehran complies with international demands over its disputed nuclear programme, Deputy U.S. Treasury Secretary Robert Kimmitt was quoted as saying on Thursday.

U.S. envoy in Israel plays down talk of Iran attack

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ImageReuters: The U.S. ambassador to Israel played down speculation on Thursday that an attack by either country on Iranian nuclear sites was imminent, saying the allies agreed sanctions should run their course.

Iran detains Saudi fishing boats near nuclear plant

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ImageAFP: Iran said on Thursday that it has seized four Saudi fishing vessels crewed by Indian nationals in territorial waters near its first nuclear power plant, the Fars news agency reported.

Iran’s shift in nuclear tone may be to buy time

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ImageReuters: Iran's softer tone towards an offer of nuclear incentives made by world powers may be a bid to buy time rather than a shift to accept a key demand to halt nuclear work, analysts and diplomats said.

Iran inflation tops 26 pct yr/yr in June -report

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ImageReuters: Iran's annual inflation rose to 26.4 percent in June, an Iranian news agency cited central bank figures as showing on Thursday, as consumer prices continued to climb steadily in the world's fourth-largest oil exporter.

Bush keeps up pressure on Iran

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ImageNew York Times: President Bush said Wednesday that the United States still strongly preferred diplomacy as it confronts rising tensions and uncertainty over Iran, but that, as always, “all options are on the table.”

Bush: Force not ruled out on North Korea or Iran

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ImageAFP: US President George W. Bush said Wednesday that "military options remain on the table" in nuclear disputes with North Korea and Iran but underlined that he preferred a diplomatic resolution.

Solana still awaits Iran reply to nuclear offer

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ImageReuters: European Union foreign policy chief Javier Solana said on Wednesday he was still waiting for a formal answer from Iran to incentives offered by major powers aimed at solving the dispute over its nuclear programme.

Bush: diplomacy first option on Iran nuclear program

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ImageReuters: U.S. President George W. Bush said on Wednesday that diplomacy was the first option to address Iran's nuclear program, which he is concerned could be used to build a nuclear weapon, but he repeated that all options were on the table.