Middle Orient

TEHRAN (FNA) Iran Wednesday invited Indian companies to invest in developing oilfields.

TEHRAN (FNA) Malaysia’s Prime Minister Abdullah Ahmad Badawi on Tuesday rejected US President George W Bush’s description of Iran as the leading state sponsor of terrorism, and said the comment would cause discord.

TEHRAN (FNA) Secretary of Iran’s Supreme National Security Council (SNSC) Saeed Jalili said in Beijing Thursday that Tehran will continue its positive cooperation with the International Atomic Energy Agency (IAEA).

TEHRAN (FNA) Iran on Wednesday said that it backs the Arab League chief Amr Mussa’s efforts to persuade warring Lebanese factions to agree a compromise plan allowing the election of a new president.

TEHRAN (FNA) Crude oil rose after Iran said there is no need for the Organization of Petroleum Exporting Countries to increase supply at its Feb. 1 meeting.

TEHRAN (FNA) Iran believes there is enough oil in global markets and sees no need to increase production, the oil minister of OPEC’s second-largest producer was quoted as saying on Wednesday

TEHRAN (FNA) Kuwait’s foreign minister on Wednesday called Iran a friend only days after US President George W. Bush visited the Persian Gulf to rally regional support for Washington’s confrontation with Iran.

TEHRAN (FNA) Iran voiced optimism yesterday that the standoff with the West over its nuclear program would soon be resolved “once and for all”.

TEHRAN (FNA) In a major breakthrough, Iran on Wednesday said that it was ready to re-open and negotiate the till now frozen $22 billion liquefied natural gas (LNG) deal signed with India in 2005 offering five million tons of LNG for 25 years.

TEHRAN (FNA) Iran said on Wednesday it had temporarily stopped the expulsion of illegal Afghans for “humanitarian reasons” after Kabul called for an immediate halt.