TEHRAN (FNA)- Oil prices slid by more than $1, reaching $55.75 a barrel on the Singapore market amid news that OPEC may not cut production. On Monday, US light crude for December delivery dropped $1.29 to $55.75 a barrel in Singapore, while in London, Brent crude fell by 89 cents …

TEHRAN (FNA)- Deputy Foreign Minister for Legal and International Affairs Mohammad Ali Hosseini on Sunday ruled out the possibility that Iran and the United States will resume diplomatic ties. Hosseini criticized the United States’ instrumental view towards its relations with the world, adding, “The restoration of Iran-US ties will not …

TEHRAN (FNA)- Iran’s ambassador to Pakistan Mashallah Shakeri said Pakistan has arrested suspects that may have been engaged in kidnapping Iran’s commercial attaché to Pakistan Heshmatollah Attarzadeh Niaki. Pakistani police is interrogating the suspects to find the place of Iranian diplomat, he said, the Iranian students news agency reported. Iran’s …

TEHRAN (FNA)- The Trade Promotion Organization of Iran (TPOI) and China’s External Trade Development Council signed a memorandum of understanding to strengthen bilateral trade ties, a TPOI official said. TPOI Deputy Director Ali Hushmandi Manesh told MNA that the sides agreed on exchanging knowledge in economic and commercial fields, and …

TEHRAN (FNA)- Iranian Minister of Science, Research and Technology Mohammad Mehdi Zahedi here Monday met with a delegation of six American university presidents currently on a visit to Iran. The visit by the American delegation takes place at the invitation of the president of Sharif University of Technology Saeed Sohrab-Pour. …

Europeans saw a fervent wish fulfilled with Barack Obama’s election victory, but it could mean more than they bargained for. For all their enthusiasm over the prospect of a new tone from Washington, European governments now face the sobering realization that the new President is far better placed than his …

KABUL, Afghanistan (AP) — The U.S. military says its troops have killed four al-Qaeda-linked militants during a raid in eastern Afghanistan.

The UK-based aid agency Oxfam has warned of catastrophe for Gaza and nearby areas of Israel if a truce agreed last June is not maintained. Oxfam called on world leaders to do everything they could to break Israel’s blockade of Gaza and urged Israel to resume supplies without delay. Israel …

The European Union and Russia’s leaders have wrapped up their one day summit in Nice, France, aiming to soften the prospect of a politically icy winter ahead.

TEHRAN (FNA)- Iran’s Ambassador to Islamabad Mashallah Shakeri said on Friday that so far no credible report has been received about the whereabouts of the Iranian diplomat who was kidnapped by gunmen in Peshawar on Thursday.