BAGHDAD (Reuters) – The Iraqi army launched an operation on Tuesday to take control of Baghdad’s Sadr City slum, the power base of Shi’ite cleric Moqtada al-Sadr.

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.

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.