Officials say other nations quietly want Israel to act unilaterally against Tehran’s nuclear ambitions. But an effective strike would be difficult and could stir up a wider conflict. With international efforts to increase sanctions against Iran at a standstill, many Israelis believe their nation alone stands in the way of Tehran eventually building nuclear weapons.
01 November 2008 TEHRAN - Based on the recent OPEC decision, Iran will cut 199,000 bpd of its oil production as of today, Iranian Oil Minister Gholam-Hossein Nozari said here on Friday.
Crude prices rose Friday as the Organization of Petroleum Exporting Countries (OPEC) moved to cut production. Kuwait said on Friday it was cutting crude supplies by 5 percent in November while Venezuela suggested that the cartel should cut oil output by another 1 million barrels per day. OPEC decided last week to cut output by 1.5 million barrels per day as crude prices plunged more than 50 …
Responding to Internet rumors that its demise is imminent, Tesla Motors’ chief executive gave reassurances Friday that the company is solvent and scaling up production of its electric sports car.
