Oil prices fell more than 3 per cent on Thursday as officials from the big global powers stayed locked in nuclear talks with Iran that, if successful, could allow the Islamic state to release more crude oil onto world markets.
US Defense Secretary Chuck Hagel said on Sunday a $10 billion arms deal under discussion with Washington's Arab and Israeli allies sent a "very clear signal" to Tehran the military option remains on the table over its nuclear progr
US Secretary of State John Kerry said on Sunday world powers would pursue further talks with Iran to resolve a decade-old dispute over its nuclear programme, but stressed the process could not go on forever.
World powers and Iran
Iran will pursue its nuclear quest although it has reaped few gains from a totem of national pride that has cost it well over $100 billion in lost oil revenue and foreign investment alone, two think-tanks said on Wednesday.
The UN nuclear watchdog chief sought on Monday to crank up pressure on Iran to finally address suspicions that it has researched how to build an atomic bomb, calling for immediate inspector access to a key military site.
Researchers at Symantec Corporation have uncovered a version of the Stuxnet computer virus that was used to attack Iran's nuclear programme in November 2007, two years earlier than previously thought.
Stuxnet, which is widely
The UN nuclear agency made no progress in a year-long push to find out if Iran worked on developing an atomic bomb, its chief said on Thursday, calling for urgent efforts to end Tehran's standoff with the West.
Yukiya Amano sa
Iran denied on Sunday a report in a US newspaper that it had plans for direct talks with the United States over its disputed nuclear programme.
The New York Times reported, citing Obama administration officials, that the United St
Israeli Prime Minister Benjamin Netanyahu will set out a "clear red line" for Iran's disputed nuclear drive in his UN speech on Thursday, an Israeli official said, adding that the plan could be pursued together wi
European governments are considering a new round of sanctions against Iran over its nuclear programme that could be implemented in October and substantially curtail trade with the Islamic Republic and hit its banking industry, diplomats say.