Reuters: Iran's oil minister said the market was over-supplied with crude and OPEC could not do anything to reduce prices, the website of the country's Oil Ministry reported on Tuesday.
Iran says OPEC powerless to reduce oil price-report
OPEC couldn’t replace Iran oil output: chief
Reuters: OPEC could not replace lost Iranian output should Tehran carry out its threat to stop oil exports if attacked, OPEC President Chakib Khelil said on Tuesday.
Nuclear Iran is world’s biggest threat: Obama advisor
AFP: Democratic White House contender Barack Obama thinks a nuclear-armed Iran is the world's biggest threat and that Europe should adopt tougher sanctions against Tehran, a top aide of his told the Financial Times of London.
Oil trades above $141 on concern Iran may face military attacks
Bloomberg: Crude oil rose in New York on concern that Iran, the second-largest producer in the Organization of Petroleum Exporting Countries, may face military attacks over its nuclear program, disrupting Middle East supplies.
Death toll in Tehran building collapse rises to 11
Reuters: The death toll in a building collapse in Tehran has risen to 11 people, Iran's ISNA news agency said on Tuesday, a day after the capital's fire department said three bodies had been pulled out of the rubble.
Bush loyalist now sees a White House dangerously soft on Iran and North Korea
New York Times: The White House’s effort to challenge Iran’s nuclear ambitions has been hobbled by “four and a half years of failed diplomacy.”
Leader’s aide chides Iran president’s atom approach
Reuters: A senior adviser to Iran's top authority said "provocative" speeches could damage the country's nuclear cause in its row with the West, a thinly veiled criticism of outspoken President Mahmoud Ahmadinejad.
US ‘won’t allow’ Iran to shut key Gulf oil route
AFP: The commander of the US navy's Fifth Fleet warned on Monday that the United States will not allow Iran to shut the Strait of Hormuz, the Gulf sea lane through which much of the world's oil is supplied.
Kuwait prepares in case Iran shuts Gulf oil route
Reuters: Kuwait is developing precautionary plans to ensure oil exports in case Iran closes a vital oil route in the world's largest oil exporting region, a top oil official told state news agency KUNA on Monday.
Ahmadinejad target of ‘Rome X-ray plot’, diplomat says
AFP: Iranian President Mahmoud Ahmadinejad was the target of an "X-ray radiation plot" during his trip to Rome for the UN food summit earlier this month, the official IRNA news agency reported on Monday.
