Iran

Iran to Expand Shipping Fleet by March 2009

TEHRAN (FNA)- The managing director of the Islamic Republic of Iran Shipping Lines announced here on Friday that 27 ships will be added to IRISL fleet by the end of the current Iranian calendar year (March 20).

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Iran Views $100 Proper Price for Oil

TEHRAN (FNA)- Pressure for a cut in oil output at next week’s OPEC meeting in Vienna stepped up today when Iran’s OPEC governor said an oil price of $100 per barrel was “appropriate” in current conditions.

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Quake Hits Northeastern Iran

TEHRAN (FNA)- An earthquake measuring 5 on the Richter scale jolted the areas in the vicinity of Iran-Iraq border in Iran’s southwestern province of Ilam on Thursday.

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