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ONGC makes big oil, gas find in Iran – paper

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Reuters: Oil and Natural Gas Corp. (ONGC) and its partners have found natural gas reserves of up to 10 trillion cubic feet and 1 billion barrels of oil in a block in Iran, the Economic Times said in an unsourced report on Wednesday.

G8 to back further measures against Iran: diplomats

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Reuters: The Group of Eight industrialized powers plan to back “further measures” against Iran if it does not comply with U.N. demands to suspend its nuclear enrichment program, G8 diplomats said on Tuesday.

Iraqi minister says US may release Iranians

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The Independent: The five Iranian officials whose abduction in an a US helicopter raid in January led to a crisis in relations between the US and Iran could be released in June according to the Iraqi foreign minister.

Iran ‘seeking conflict by proxy in Afghanistan’: Britain

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AFP: British Defence Secretary Des Browne said Tuesday there were signs that Iran was helping the Taliban fight coalition forces in Afghanistan.

Major power to discuss Iran nuclear standoff in Berlin

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AFP: Senior diplomats from major powers will hold talks this week in Berlin to prepare a key negotiating session with the Iranians over their nuclear program, the US State Department said Tuesday.

Iran willing to help US develop Iraq ‘exit strategy’: Deputy FM

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AFP: Iran is willing to help its foe the United States develop an “exit strategy” from Iraq, the country’s deputy foreign minister said in an interview published Wednesday.

Iran says ex-nuclear official may be bailed

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AFP: A former Iranian nuclear official detained on national security-related charges and close to a centrist former president could be released on bail, the intelligence minister said on Tuesday.

Iran rejects Swiss nuclear compromise

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AFP: Iran on Tuesday rejected a plan proposed by Switzerland that it said envisages compromise gestures by both Tehran and world powers to bring an end to the nuclear standoff.

Iran accuses US of double standards on nuclear issue

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AFP: Iranian Foreign Minister Manouchehr Mottaki on Tuesday implicitly accused the United States of double standards on the issue of nuclear proliferation.

Cheney to seek help on Iraq, Iran

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AFP: US Vice President Dick Cheney headed Tuesday to the Middle East to ask for help from sometimes wary US allies in stemming violence in Iraq and Iranian influence in the region.