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Winter demand should absorb excess oil supply: Iran

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ImageReuters: The global oil market is oversupplied but stronger winter demand should absorb the extra barrels later in the year, Iran's OPEC Governor said on Wednesday.

Iran gearing up for confrontation

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ImageIran Focus: Tehran, Iran, Aug. 06 – Recent comments by senior officials in Tehran show a hardening of Iran’s attitude in the face of domestic and international pressures, according to some Iran analysts.

Iran gearing up for confrontation

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ImageIran Focus: Tehran, Iran, Aug. 06 – Recent comments by senior officials in Tehran show a hardening of Iran’s attitude in the face of domestic and international pressures, according to some Iran analysts.

Kuwait FM blasts Iran threat to shut Gulf strait

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ImageAP: Kuwait's foreign minister says Iran's renewed threats to close the strategic Strait of Hormuz in the Persian Gulf amount to a "punishment" of its Arab neighbors.

Iran: Letter on nuclear program

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ImageNew York Times: The Bush administration said Tuesday that Iran’s response to an offer of incentives by six world powers seeking to rein in Tehran’s nuclear ambitions was unacceptable, and American and European officials said their next step would be to go back to the United Nations Security Council to seek additional punitive sanctions.

Iran seeks details on nuclear offer

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ImageWashington Post : The Iranian government said Tuesday that it is ready to respond to an incentives package that the United States and five other world powers have offered in exchange for suspension of its uranium-enrichment program. But Iran insisted that the big powers "simultaneously" provide a more detailed explanation of the offer, a formula that may lead to drawn-out talks.

Officials: Iran offers ‘non-answer’ to incentives

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ImageCNN: Iran's response to the international community's offer of incentives in return for cutbacks in its nuclear program is not acceptable, two senior U.S. officials told CNN Tuesday.

Tehran program gains influence in Israel’s election

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ImageWall Street Journal: Iran's nuclear program is becoming an increasingly important issue in the race for Israel's premiership, though the campaign started in earnest only last week.

Iran’s campaign tinged by tragedy

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ImageReuters: Iran's first Olympic basketball campaign for 60 years has been tinged by tragedy after one of their players was killed in a car accident last year.

Iran: 2 accused as rebels are executed

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ImageNew York Times: The government executed two men on Monday who were convicted of having ties with an armed opposition group in the southeastern city of Zahedan, the newspaper Etemad Melli reported Tuesday.