Iran says the UN needs to undergo major reform, adding that the developments in the past 60 years require the United Nations to make changes.

Iranian Parliament Speaker Gholam Ali Haddad Adel cancelled a speech to the Council of Europe in protest at an invitation to the head of the outlawed Iranian opposition.

The financing of a $3.5 billion investment in Iranian gas production will come entirely from a state-owned company, as US opposition has put off foreign investors, officials at the Turkish Energy Ministry said yesterday.