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Iran, Iraq agree to boost defense cooperation

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ImageReuters: Iran and Iraq agreed to boost defense cooperation during a visit of Iraqi Prime Minister Nuri al-Maliki to Tehran on Monday, Iran's official IRNA news agency said, giving few details on the content of the agreement.

Iran leader warns Iraq against US troop deal

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ImageAFP: Iranian supreme leader Ayatollah Ali Khamenei warned Iraq's visiting prime minister on Monday against signing an agreement with the United States keeping foreign troops in the country beyond 2008.

Bush to discuss concerns about Iran on Europe trip

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ImageAP: President Bush's weeklong tour through Berlin, Rome, Paris and London appears every bit the glamorous old-style farewell tour with a leisurely schedule, jaunts to country castles and lavish dinners.

INTERVIEW-Costs delay Malaysian Petronas’ Iran, Sudan plans

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ImageReuters: Spiralling costs have forced Malaysia's state oil firm Petronas to defer decisions on two major projects, in Iran and Sudan, its chief said on Monday.

Future US forces in Iraq don’t threaten Iran: Pentagon

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ImageAFP: US forces which might remain in Iraq in the future after a general drawdown are not meant to be permanent and will not be used to attack Iran, a Pentagon official said Monday.

Record oil price not due to lack of supply: Iran

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ImageReuters: Oil's rise to a record over $139 a barrel last week had nothing to do with a supply shortage, Iran's OPEC Governor Mohammad Ali Khatibi said on Monday.

Iran vows ‘painful response’ if Israel attacks

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ImageAP: Iran's defense minister warned of a "painful response" if Israel attacks Iran, the official IRNA news agency reported Monday.

Iranian inflation tops 25 percent

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ImageAFP: Inflation in Iran, the subject of heavy criticism against the government of President Mahmoud Ahmadinejad, rose again over the past month to over 25 percent, the central bank said on Sunday.

Iran sees oil price at $150 per barrel by end-summer

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ImageReuters: World crude prices are expected to reach $150 per barrel by the end of summer, Iran's representative to the Organisation of the Petroleum Exporting Countries (OPEC) was quoted as saying on Sunday.

US military arrests 2 suspected militiamen in Iraq

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ImageAP: U.S. soldiers in Baghdad captured an Iraqi arms dealer and "assassination squad" leader responsible for trafficking Shiite extremists in and out of neighboring Iran for training, the military said Sunday.