TEHRAN (FNA)- Iran’s Expediency Council Chairman Akbar Hashemi Rafsanjani said that the western states have not fulfilled their promises to Iran, and further questioned the West’s sincerity regarding Tehran’s nuclear program.

TEHRAN (FNA)- Iran’s government needs up to $5 billion more to import fuel for the year to March 2009, in addition to a previously budgeted $3.3 billion, a senior oil ministry official said. Iran is the world’s fourth-largest exporter of crude but due to the lavish consumption of heavily subsidized …

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 …