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Iraq seeks Tehran assurance on HormuzSpeaking in his new role as president of Opec, Iraq's Oil Minister Abdul-Kareem Luaibi said he will visit Iran on Thursday to discuss oil market stability and would ask Tehran for assurances that all countries will work to protect waterways an More… |
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Iraq, Shanghai sign $1bn power plant dealIraq's electricity ministry signed a $1 billion deal with China's Shanghai Electric on Monday to nearly double the size of a power plant south of Baghdad. The plant in the town of Zubaidiya initially was slated to have four 330 meg More… |
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Iran inserts fuel into nuclear plant coreIran has started loading fuel into the core of its first nuclear power plant, bringing it a step closer to realising its stated goal of becoming a peaceful nuclear power, state-run Press TV reported on Tuesday. "Iran has More… |
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Western oil firms stop business with IranIran faced growing economic pressure on Monday after two Western oil firms halted business with it, and the UAE, seen as a trade lifeline for Tehran, moved to freeze some Iranian-linked bank accounts. The developments un More… |
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Libya rules out payments to IRA victims' familiesLibya will refuse to pay compensation to the families of people killed by Irish republican bombs they say were made using Libyan-supplied explosives, the son of Libyan leader Muammar Gaddafi said. Saif Al-Islam said Libya would fight any c More… |
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Iran aims to open 'new chapter' with GulfMahmoud Ahmadinejad, travelling to Qatar to become the first Iranian president to attend a summit of Gulf Arab rulers, said on Monday he would present "new proposals" to boost cooperation and security in the region. Ahmadinejad has been in More… |
