AP: Iran’s energy minister is working to woo Indian businesses to invest in his nation’s sanction-hit economy.

Reuters: Gas flow on a pipeline carrying Iranian natural gas to Turkey will resume within a week, following a blast in eastern Turkey on Monday, Turkish Energy Minister Taner Yildiz said on Wednesday.

New York Times: Iran sought on Tuesday to rebut assertions that Western sanctions had paralyzed the Iranian economy and severely weakened the currency, pointing to new data from the International Monetary Fund forecasting an economic rebound and lower inflation in 2013.

AP: President Barack Obama has signed an executive order that carries out new sanctions against Iran that Congress approved and that he signed this summer.

AFP: White House hopeful Mitt Romney said Tuesday that any US military intervention to stop Iran’s nuclear program was still on the distant horizon, tempering his rhetoric a day after a major foreign policy speech.

Reuters: Iran’s state budget is under pressure and the government has cut spending in some areas, President Mahmoud Ahmadinejad was quoted as saying as the country struggles to cope with Western economic sanctions.

Bloomberg: Iran’s currency crisis has emboldened critics of Mahmoud Ahmadinejad who are lining up to pillory the president and lay down markers for next year when his successor will be elected.

Reuters: A reduction in natural gas exports from Iran would not have much impact on world energy markets, but could hurt Turkey and part of Azerbaijan, according to a U.S. report due to be released on Tuesday.