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OPEC Set to Cut Output

TEHRAN (FNA)- The Organization of Petroleum Exporting Countries will on Friday announce it is cutting oil output to help lift crude prices that have dived 55 per cent since striking record highs in July, as a global economic slowdown slashes demand, analysts said.

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Zebari Reiterates Iraq’s Final Say on US Military Pact

TEHRAN (FNA)- Iraqi Foreign Minister Hoshyar Zebari said on Saturday it was time for the leaders of Iraq and the United States to make up their minds on a draft agreement on the future of US troops in the country.

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Israel Readies for US-Iran Talks under Obama

TEHRAN (FNA)- Israel is preparing for direct US-Iranian talks on Iran’s nuclear capability within six months if Senator Barack Obama becomes the next US President.

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