Wall Street Journal: If dramatically lower oil prices last, they could eventually threaten Iranian President Mahmoud Ahmadinejad's free-spending policies at home and the country's expansionist ambitions across the Middle East.
Weaker oil may crimp Iran’s spending
Russian arms exporter sanctioned over Iran
Washington Post: The State Department has slapped financial sanctions on Russia's state arms exporter for its dealings with Iran, but in an unusual move, it granted the company a partial waiver to permit the sale of nearly two dozen Russian helicopters to Iraq, U.S. officials said yesterday.
Iran’s Rafsanjani blames finance ‘tsunami’ for low oil price
AFP: The influential former president of OPEC's second largest oil producer Iran on Friday called the world financial crisis a tsunami which has dragged down oil prices and caused a huge loss of revenue.
Freeze of Iran groups funds rejected
New York Times: A prominent Iranian opposition group won an appeal on Thursday against a European Union decision to freeze its funds.
‘Spy’ used voodoo to shield general from Taliban, court hears
Daily Telegraph: A British Army translator accused of spying for Iran was a voodoo priest who used black magic to protect the commander of NATO forces in Afghanistan from the Taliban, a court heard.
Suspect spy denies stealing secrets for Iran
AP: A British army interpreter suspected of spying for Iran said Friday that he sent coded messages as part of an attempt to set up a possible gas deal, not because he was stealing secrets.
EU loses Iran terror case
Wall Street Journal: Europe's second-highest court ruled the European Union wrongly blacklisted an Iranian opposition group, adding fuel to accusations that the bloc has used its terrorist list to appease the Iranian government.
US seeks Swiss help on student held in Tehran: State Dept.
AFP: The United States is asking Switzerland, which represents US interests in Tehran, to find out more about an Iranian-American student reportedly held since October 15 in Tehran, the State Department said Friday.
US slaps sanctions on Iran’s Revolutionary Guards
AP: The Bush administration is imposing new sanctions on Iran's Revolutionary Guard Corps, accusing the elite military unit of illegal trade in missile technology and weapons of mass destruction.
OPEC should cut oil output by two million barrels a day: Iran
AFP: Iran's oil minister on Thursday said that a drop in demand meant OPEC should decide to cut production by two million barrels per day when it meets for a meeting here on Friday.
