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Iran builds rockets to arm Hezbollah, deter sanctions

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Bloomberg: Many of the rockets Hezbollah is firing into Israel are made in Iran, demonstrating the Islamic republic’s success in copying Chinese and Russian technology to build its own weapons industry.

Iran’s oil finds ready buyers despite nuclear row

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Reuters: There is no shortage of buyers for Iranian oil despite a threat of sanctions against the Islamic Republic in the standoff with the West over its nuclear program, analysts said on Thursday.

Ahmadinejad’s reaction to Mideast conflict ‘unhelpful’: Blair

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AFP: Iranian President Mahmoud Ahmadinejad’s comment that the answer to the conflict in south Lebanon was the “elimination of the Zionist regime” was “deeply unhelpful”, British Prime Minister Tony Blair said Thursday.

India, Pakistan at odds with Iran over gas price

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Reuters: Differences persist between India and Iran over the price of gas that would flow through a proposed pipeline, with Tehran wanting a higher return, but both countries said they remained committed to the project.

Iran warns of $200 oil if US pursues sanctions

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Reuters: Global oil prices could hit $200 per barrel if the United States pursues sanctions against Iran for its nuclear development program, an Iranian official told Venezuelan state TV on Thursday.

Iran calls for Israel’s “elimination”

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Iran Focus: Tehran, Iran, Aug. 03 – Hard-line Iranian President Mahmoud Ahmadinejad called on Thursday for the “elimination” of Israel.

Iran calls for Israel’s “elimination”

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Iran Focus: Tehran, Iran, Aug. 03 – Hard-line Iranian President Mahmoud Ahmadinejad called on Thursday for the “elimination” of Israel.

Russia calls on Iran to comply with UN demands

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Iran Focus: London, Aug. 03 – Russia called on Iran to comply with a United Nations Security Council resolution adopted earlier this week demanding that it freeze all uranium enrichment activities.

Russia calls on Iran to comply with UN demands

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Iran Focus: London, Aug. 03 – Russia called on Iran to comply with a United Nations Security Council resolution adopted earlier this week demanding that it freeze all uranium enrichment activities.

The Iranian calculus

Wall Street Journal: We may never know the extent to which Iran was involved in Hezbollah’s kidnapping of two Israeli soldiers — the incident that started the war in Lebanon. Hezbollah is not merely Tehran’s pawn, and may have acted entirely on its own.