Iran

Iran may Urge OPEC to Cut Supply to Defend $100 Oil

TEHRAN (FNA)- Iran, OPEC’s second-largest oil producer, may urge the crude exporting group to restrain output when it meets Sept. 9 to ensure the market doesn’t become over supplied and push prices below $100.

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Kish Island, Pearl of Persian Gulf

TEHRAN (FNA)- Kish Island off the Iranian coasts in the Persian Gulf is one of the Middle East’s most popular tourist destinations. The free trade zone draws one-and-a-half million visitors each year to its shopping centers, resort hotels, beaches and festivals.

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Kiriyenko Puts off Visit to Tehran

TEHRAN (FNA)- Russia’s nuclear power chief cancelled a Sunday visit to Tehran that was planned to prepare the nuclear fuel operation of the joint Bushehr power plant in southern Iran.

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Iran: Oil Price to Soar up in Winter

TEHRAN (FNA)- Iran’s oil minister suggested on Sunday crude at $100 a barrel was the lowest appropriate level but said factors like the approaching cold season would push up demand and prices.

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