Iran on Sunday announced an upward revision of its annual budget, as a rise in oil prices appeared to mitigate the impact of international sanctions on its economy.

Iran on Saturday said sanctions over its disputed nuclear programme should be lifted in talks with world powers next week in Baghdad, but maintained the punitive measures would not compel it to abandon its atomic "rights."

VIENNA (Reuters) - The U.N. nuclear supervisor flies to Tehran on Sunday looking for a deal to inspect suspected weapons sites - a potential breakthrough that Iran may hope could persuade the West to start lifting sanctions and deflect threats of war. But though IAEA chief Yukiya Amano scheduled Monday's talks with Iran at such short notice that diplomats said agreement on new inspections may be ...

A majority of Iranian lawmakers on Sunday urged world powers to respect Iran's "rights" in crucial talks next week in Baghdad over Tehran's disputed nuclear programme.

WASHINGTON (Reuters) - Iran's economy minister said oil prices will "certainly" rise if the European Union moves ahead with an embargo in July and that sanctions will backfire on those who impose ...

VIENNA (Reuters) - Iran and the U.N. nuclear watchdog are making headway towards a framework deal on how to tackle concerns about its atomic activity, diplomats say, a potential bargaining chip for Tehran in next week's negotiations with world powers. Iran says such an agreement is needed before it can consider a request by U.N. inspectors to visit the Parchin military site where they believe ...

Iran’s economic minister said on Sunday that, despite increasing sanctions, Iran will not give up its nuclear program and warned that the upcoming EU embargo on Iranian oil will have an adverse effect globally. He said oil could reach $160 a barrel this summer.

MOSCOW (Reuters) - Russia's deputy foreign minister said on Sunday that military action against Iran over its nuclear program was being considered in some Western countries. Deputy Foreign Minister Sergei Ryabkov was speaking to reporters on a plane on his way back from the G8 summit in Camp David, where the G8 leaders signaled their readiness to tap into emergency oil stockpiles quickly this ...

The government of Bahrain condemned on Sunday Iran's continued "flagrant meddling" in Gulf affairs after the Islamic republic slammed plans for union between the Shiite-majority kingdom and Saudi Arabia.

Iran's finance minister believes oil prices could rise as high as $160 a barrel thanks to sanctions over its nuclear program, a prediction that comes just as the chief of the United Nations nuclear watchdog agency headed to Tehran on Sunday for high-level talks.