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Oil rises as Iran vows to pursue atomic work

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Reuters: Oil rose to almost $72 a barrel on Monday as Iran vowed to pursue its nuclear program, inviting possible sanctions against the world’s fourth-largest oil exporter.

Iran insists will not suspend enrichment – agency

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Reuters: Iran will not suspend uranium enrichment, the main demand in a nuclear package backed by six world powers, the deputy head of Iran’s Atomic Energy Organisation said on Monday.

Iran denies inspectors access to site

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AP: Iran has turned away U.N. inspectors wanting to examine its underground nuclear site in an apparent violation of the Nonproliferation Treaty, diplomats and U.N. officials said Monday.

Annan appeals to Iran for positive response to nuclear deal

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AFP: UN Secretary General Kofi Annan appealed Sunday for Iran to reply positively to a package of incentives offered by major powers in return for a freeze in uranium enrichment.

Japan to oppose sanctions on Iranian oil: report

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AFP: Japan, which is almost entirely dependent on Middle Eastern oil, will oppose United Nations sanctions on Iran’s energy sector over its nuclear program, a newspaper said Monday.

Hezbollah man in Iran rules out disarmament

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AFP: Hezbollah’s representative in Iran has ruled out the disarmament of the Shiite Lebanese militia and said the group will buy new weapons if necessary, in an interview published Monday.

Iran decides response on nuclear package offer: FM

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AFP: Iran has decided on its response to a package offered by world powers for the Islamic republic to freeze nuclear enrichment, visiting Foreign Minister Manouchehr Mottaki said Monday.

Iran to start up heavy water plant for nuclear research reactor

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AFP: Iran said on Monday it would soon start up its heavy water plant in Arak which will feed a nuclear research reactor currently under construction, the semi-official news agency Fars reported.

Supreme Leader says Iran will continue nuclear work

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Iran Focus: Tehran, Iran, Aug. 21 – Iran’s Supreme Leader Ayatollah Ali Khamenei announced on Monday that Tehran would continue with its nuclear work despite the looming August 31 deadline set by the United Nations Security Council for it to suspend uranium enrichment.

Supreme Leader says Iran will continue nuclear work

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Iran Focus: Tehran, Iran, Aug. 21 – Iran’s Supreme Leader Ayatollah Ali Khamenei announced on Monday that Tehran would continue with its nuclear work despite the looming August 31 deadline set by the United Nations Security Council for it to suspend uranium enrichment.