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January 26, 2015


He said the government is revising its draft budget to assume a base price of $40, from $72 a barrel.
04:55 GMT
Iran’s Government Spokesman Mohammad Baqer Nobakht says the administration can run the country with oil revenues below $40 billion in the next Iranian calendar year.

January 25, 2015

General Mohammad Ali Allahdadi was killed in an Israeli attack last week. (Photo: AFP)
16:31 GMT
An Iranian general killed by an Israeli airstrike on the Syrian Golan Heights last week was targeted because he kept his cellphone on - allowing Israeli intelligence to track his whereabouts, Al-Joumhouria reported.
Iran produced 16.331 million tons of crude steel in 2014, a 5.9 percent rise from 15.422 million tons in 2013.
13:20 GMT
Iran ranked first in the Middle East and 14th in the world in terms of steel production in 2014, the World Steel Association (WSA) said in a recent report.

January 24, 2015

Iranian Foreign Minister Mohammad Javad Zarif, who arrived in Riyadh Saturday, previously declined an invitation to visit Saudi Arabia. (AFP/File)
18:32 GMT
Iranian Foreign Minister Mohammad Javad Zarif arrived in Riyadh. He will offer his condolences after the death of Saudi King Abdullah.
Iranian Foreign Minister Mohammed Javed Zarif and US Secretary of State John Kerry met Friday in an effort to finalize a nuclear deal by the March 1 deadline. (AFP/File)
07:40 GMT
US Secretary of State John Kerry and Iran Foreign Minister Mohammed Javed Zarif held nuclear talks during the World Economic Forum in Davos on Friday. The meeting was their fifth in the latest round of talks between Iran and the P5+1.

January 22, 2015

Rahimi served as vice-president under former President Mahmoud Ahmadinejad. (AFP/Atta Kenare)
10:45 GMT
Former Iranian Vice President Mohammad Reza Rahimi was convicted of unspecified crimes in connection with a money laundering and embezzlement scheme.
Iranian protesters pour kerosene on an Israeli flag during the funeral procession of Brigadier General Mohammad Ali Allahdadi, who was killed in an Israeli air strike on the weekend on Syria. (AFP/Atta Kenare)
08:39 GMT
Iran redraws borders in the Middle east following an Israeli helicopter attack on Golan Heights, which Tehran claimed was an effort to disrupt US-Iran negotiations.
The two countries will jointly establish the industrial park,
06:54 GMT
Iran has entered into two partnerships with Chinese authorities in a move to set up an industrial park in the southern port city of Jask as well as expand cooperation in the agricultural sector, according to reports.

January 21, 2015

US President Barack Obama delivers his State of the Union speech, January 21, 2015. (AFP/File)
11:18 GMT
US President Barack Obama said he would veto any plans to place additional sanctions on Iran during his State of the Union speech Wednesday.

January 20, 2015

Israeli soldiers from the Golani Brigade take part in a military training exercise in the Israeli-annexed Golan Heights near the border with Syria. (AFP/Jack Guez)
11:14 GMT
The collaborative "resistant society" aimed to prevent Israel from normalizing relations with locals, following Israeli airstrikes earlier this week which killed numerous Hezbollah members and Iranians.
Iranian General Mohammad Ali Allah-Dadi was inspecting Quneitra, a region near the Golan Heights, when he was killed in the airstrike. (AFP/File)
06:00 GMT
Iran confirmed that General Mohammad Ali Allah-Dadi was killed in the airstrike on Syria's sector of the Golan Heights on Sunday.

January 19, 2015

Alberto Nisman's body was found in the bathroom of his locked apartment next to a .22 caliber handgun. Authorities are conducting an investigation to determine further information. (AFP/File)
17:13 GMT
Argentine prosecutor Alberto Nisman was found dead in his Buenos Aires apartment. He was scheduled to speak to a congressional panel regarding his claim that Argentina's president Cristina Fernandez covered-up Iran's role in the 1994 bombing of a Jewish center in Argentina.

January 17, 2015

“Iran’s trade delegations have launched attempts to introduce investment opportunities of Iran to the other countries,” Moqimi asserted.
04:55 GMT
Mohammad Reza Bahraman who was speaking in a press conference on Tuesday said that $00bn of the total figure had been defined for projects in oil and gas sector.
Iraq, the second-biggest member of the Organization of Petroleum Exporting Countries, is using $60 in its budget.
04:55 GMT
Iran, its oil exports curbed by sanctions, is lowering the crude price for this year’s budget to $40 a barrel as the energy slump affects governments and industry.

January 15, 2015

While the Western world believes Tehran may be building a nuclear weapons capacity, the Iranian government denies the claims, saying the program is instead aimed at producing atomic energy. (AFP/File)
11:07 GMT
US Secretary of State John Kerry attended a meeting with Iran's Foreign Minister Mohammed Jawad Zarif to discuss Tehran's nuclear program Wednesday, ahead of planned Geneva talks Thursday.

January 13, 2015

Iranian President Hassan Rouhani said Tuesday that countries behind the fall in global oil prices would regret their decision.
19:56 GMT
"If Iran suffers from the drop in oil prices, know that other oil-producing countries such as Saudi Arabia and Kuwait will suffer more than Iran," he added.