Morvarid Petrochemical Complex Managing Director Safar-Ali Babaii said Olefin 5 would come on stream in September 2008.

Italy opposes any military action against Iran over Tehran’s nuclear program because such an attack could destabilize the entire Middle East, Italian Premier Romano Prodi said Tuesday.

Iran reopened two consulates on Tuesday in the cities of Erbil and Sulaimaniyah in Iraq’s northern Kurdish region, which were closed after US troops raided the one in Erbil and abducted five Iranians in January.