Iran

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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Oil Prices Slide under $105

TEHRAN (FNA)- Oil prices fell below $105 Friday on concerns over slowing energy demand and a strong US currency, while the market awaited next week’s OPEC meeting on crude output levels, traders said.

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Iran Sues Warehouse in Baltimore

TEHRAN (FNA)- Iran’s Defense Ministry is suing a Baltimore warehousing company in federal court, claiming a floor collapse three years ago damaged $50 million worth of military equipment that has been held in limbo by the US government since the late 1970s.

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