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Iran’s Ahmadinejad says G8 “on road to precipice”

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ImageReuters: Iranian President Mahmoud Ahmadinejad lashed out at the Group of Eight wealthy nations in a letter to a newspaper on Tuesday, saying their policies would "accelerate them along the road to a precipice," and reiterated he would not accept demands to halt uranium enrichment.

Oil prices fall heavily as Iran tensions ease

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ImageAFP: Oil prices fell sharply Monday in a move some traders attributed to an ease in geopolitical tensions related to Iran's nuclear program and a strengthening US dollar.

Egypt summons Iranian diplomat over Sadat film

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ImageReuters: Egypt summoned a senior Iranian diplomat in Cairo on Monday over an Iranian film on the assassination of Egyptian President Anwar Sadat, an Egyptian foreign ministry official and state media said.

Iran Revolutionary Guards launch military manoeuvres in Gulf

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ImageIran Focus: Tehran, Iran, Jul. 07 – Iran's elite Islamic Revolutionary Guards Corps launched large-scale war-games on Monday.

Iran Revolutionary Guards launch military manoeuvres in Gulf

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ImageIran Focus: Tehran, Iran, Jul. 07 – Iran's elite Islamic Revolutionary Guards Corps launched large-scale war-games on Monday.

Major powers hold conference call on Iran response

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ImageReuters: Senior officials from world powers held a conference call on Monday to discuss Iran's response to a package of incentives to curb its nuclear activities, said the U.S. State Department.

EU’s Solana says nuclear talks with Iran ‘difficult’

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ImageAFP: EU foreign policy chief Javier Solana on Monday said he was not too optimistic about prospects for a breakthrough with Iran on its suspect nuclear programme, saying: "It's difficult."

Obama: Harsh U.S. rhetoric on Iran boosting oil

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ImageReuters: Democratic presidential candidate Barack Obama said on Monday that harsh U.S. rhetoric toward Iran appeared to be contributing to the surge in oil prices and that a calmer approach might help soothe the markets.

U.S. holds navy exercise after Iran comments on Gulf

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ImageReuters: The U.S. Navy said on Monday it was carrying out an exercise in the Gulf, days after vowing that Iran will not be allowed to block the waterway which carries crude from the world's largest oil-exporting region.

Ahmadinejad: Iran will not renounce nuclear rights

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ImageAFP: President Mahmoud Ahmadinejad insisted on Monday that Iran would not give up its nuclear rights, dismissing calls for Tehran to suspend uranium enrichment, the official IRNA news agency reported.