AFP: Iran and Venezuela on Friday inaugurated a joint bank to finance their development projects, during a visit by Venezuelan President Hugo Chavez to Tehran, state media reported.
Iran, Venezuela launch joint development bank
Iranian president set for Kazakhstan visit
AFP: Iranian President Mahmud Ahmadinejad is due to arrive in Kazakhstan on Monday for his first state visit to the neighbouring Central Asian nation, the Kazakh foreign ministry said.
Obama seeks better ties with Russia, firm on Iran
Reuters: The United States wants to work with Russia, despite their differences, but will not "go back to the old ways of doing business", U.S. President Barack Obama said on Friday.
Armenia, Iran plan railway link: ministers
AFP: Armenia and Iran agreed Friday to build a railway to link the two countries as part of a new transit route from Central Asia to the Black Sea, officials said.
Clock ticks for Iran despite Obama’s offer of talks
Reuters: The United States will push for new U.N. sanctions against Iran later this year if President Barack Obama's effort to improve relations fails to stop Tehran from pursuing its nuclear program.
IAEA split over new chief, Iran, Syria
AP: An ideological split at International Atomic Energy Agency is slowing the search for a new chief at a time the organization tasked with keeping nuclear arms away from rogue states needs a firm hand at the rudder.
Total says Iran gas investment “not attractive”
Reuters: French oil major Total sees the investment terms offered by Iran for developing gas fields as "not attractive enough", the group's Chief Executive told a conference on Thursday.
2nd man guilty in Iran aircraft parts scheme
AP: A second man has pleaded guilty in Miami federal court to charges of scheming to illegally export military aircraft parts to Iran.
Norway’s Statoil says still wary of Iran investment
Reuters: StatoilHydro will not invest more in Iran without a significant, sustained improvement in Tehran's relations with the west, an executive at the Norwegian oil and gas group said.
Petraeus says Iran no threat now to oil traffic in Persian Gulf
Bloomberg: Iran’s naval forces pose no current threat to oil shipments through the Persian Gulf, the top U.S. commander in the Middle East said today.
