May, 2008

• 19 May

  Oil Rises Near $127

  TEHRAN (FNA)- Oil rose on Monday, extending last week’s climb that saw prices jump to a record high near $128 a barrel, as geo-political overshadowed gains in the US dollar.

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• 19 May

  Iran Dismisses Impact of Sanctions on Petrochemical Industry

  TEHRAN (FNA)- International sanctions on Iran are not hurting a bid to expand petrochemical output because investors are attracted by the Islamic Republic’s vast reserves of cheap gas feedstock, an Iranian official said on Sunday.

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• 19 May

  Ancient Epitaph Found in Northwestern Iran

  TEHRAN (FNA)- Iranian archeologists have recently found an ancient epitaph in a village located in the country’s northwestern province of Zanjan.

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• 19 May

  Pelosi Warns US about Consequences of War against Iran

  TEHRAN (FNA)- House Speaker Nancy Pelosi warned Washington about the dire consequences it has to face in case of military attack against the Islamic Republic.

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• 19 May

  Iran, Qatar Dismisses Calls for Emergency OPEC Meeting

  TEHRAN (FNA)- Two OPEC oil ministers have dismissed calls for an emergency meeting before September, dampening hopes that members of the cartel will follow Saudi Arabia’s lead and increase production.

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• 19 May

  Visa-Free Iran Trips for D-8 Citizens

  TEHRAN (FNA)- Iranian authorities lifted the need for visa for the citizens of D-8 member states who want to visit Iran for tourism stays.

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• 19 May

  Attack on Iranian Diplomats in Baghdad Outrageous

  TEHRAN (FNA)- The top UN official in Iraq has condemned last week’s gun attack against Iranian diplomats based in Baghdad that has left four people wounded, including two diplomats.

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• 19 May

  Iran to Dispatch 1st Aid Cargo to Quake-Hit China

  TEHRAN (FNA)- China will soon receive a shipment of Iranian aid for quake victims.

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• 19 May

  US Fears Islamic Nations’ Progress

  TEHRAN (FNA)- The US opposition to Iran’s peaceful nuclear program stems from the fact that it is afraid of Muslims’ progress and well-being, deputy foreign minister Ali Reza Sheikh Attar said.

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• 19 May

  Iran-Kuwait Investment Gets Legal Boost

  TEHRAN (FNA)- The Iranian government recently approved a new law pertaining to Iran and Kuwait that is designed to promote mutual investment.

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