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Iran bases budget on oil price of $37.5

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ImageAFP: The Iranian government has based its budget bill for 2009-10 on an oil price of 37.5 dollars per barrel, the semi-official news agency ILNA reported on Sunday.

Iran informs 21 oil customers of supply cuts-report

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ImageReuters: Iran has told 21 Asian and European customers it will reduce oil sales to them, its OPEC governor said in remarks published on Sunday, as Iran and other members of the cartel cut output to halt sliding prices.

Iran sees oil at around $40 in 2009

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ImageReuters: Iran's Oil Ministry anticipates a crude oil price of about $40 a barrel in 2009, Oil Minister Gholamhossein Nozari was quoted as saying on Saturday, suggesting Tehran does not expect the market to rebound soon.

Spy chief says Bin Laden son left Iran, likely is in Pakistan

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ImageWall Street Journal: Osama bin Laden's third eldest son, an al Qaeda operative, is no longer under arrest in Iran and is likely in Pakistan, the top U.S. spymaster said Friday.

Iranian cleric calls for shooting Israeli FM

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ImageAP: A high-level Iranian cleric called for the shooting of the Israeli foreign minister in a speech before worshippers.

US condemns stoning executions in Iran

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ImageAFP: The United States on Friday joined international condemnation of the stoning death of two men in Iran for adultery, demanding an end to such "cruel and unusual punishment" there.

Older son of bin Laden believed to be in Pakistan

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ImageNew York Times: A son of Osama bin Laden who spent years under Iranian house arrest has left Iran and is now probably operating inside Pakistan, a senior American intelligence official said Friday.

Iran court convicts 4 over alleged US-backed plot

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ImageAP: Iran's official news agency reports that four Iranians have been convicted and sentenced to prison in an alleged US-backed plot to topple the government.

Iran leader denounces Arab ‘traitors’ in Gaza crisis

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ImageAFP: Iran's supreme leader Ayatollah Ali Khamenei denounced Arab "traitors" and "hypocrites" in the Gaza crisis, in a message Friday to Hamas leader Ismail Haniya, the state news agency IRNA reported.

Iranian collector jailed over British book scam

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ImageAFP: A wealthy Iranian businessman was jailed for two years on Friday for stealing pages from rare books in Britain's top libraries to improve his own collection.