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Iranian inflation tops 25 percent

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ImageAFP: Inflation in Iran, the subject of heavy criticism against the government of President Mahmoud Ahmadinejad, rose again over the past month to over 25 percent, the central bank said on Sunday.

Iran sees oil price at $150 per barrel by end-summer

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ImageReuters: World crude prices are expected to reach $150 per barrel by the end of summer, Iran's representative to the Organisation of the Petroleum Exporting Countries (OPEC) was quoted as saying on Sunday.

US military arrests 2 suspected militiamen in Iraq

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ImageAP: U.S. soldiers in Baghdad captured an Iraqi arms dealer and "assassination squad" leader responsible for trafficking Shiite extremists in and out of neighboring Iran for training, the military said Sunday.

Ex-premier is expelled from governing party in Iraq

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ImageNew York Times: In a shakeup at the top of Iraq’s Shiite power structure, former Prime Minister Ibrahim al-Jaafari was expelled from the governing Dawa political party, officials said Saturday.

Israel disavows minister’s Iran threat

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ImageAFP: Israeli officials on Sunday slammed a senior minister's threat last week to strike Iran if it does not halt its nuclear drive, accusing him of using the issue for domestic political ends.

Iraq will not be used to ‘harm’ Iran, PM vows

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ImageAFP: Iraqi Prime Minister Nuri al-Maliki on Sunday tried to reassure Iran over a planned security pact with Washington, vowing Iraq would never allow use of its territory to "harm" the Islamic republic.

Iran warns IAEA against playing for time

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ImageAFP: Iran's powerful parliament speaker Ali Larijani warned the UN nuclear watchdog on Saturday against playing for time in a dispute over Iran's controversial atomic programme.

Iraqi prime minister visits Iran for key talks

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ImageAP: Iranian state television says Iraq's prime minister is in Tehran for talks with Iranian leaders.

Iran protests to UN over Israel attack warning

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ImageAFP: Iran protested to the United Nations on Saturday over a warning by an Israeli minister that it faces attack over its contested nuclear programme, the official IRNA news agency reported.

Oil surges to new heights after Israeli warning on Iran

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ImageAFP: Crude oil prices went on a record-setting surge Friday as fears of a new Middle East conflict were fanned by comments from a top Israeli official about Iran.