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  • Iranian minister woos Indian businesses Wednesday, 10 Oct 2012 | 10:25 AM ET

    The United States and the European Union have imposed sanctions on Iran to deter it from pursuing a nuclear weapons program. The U.S. has pressed India to scale back its imports of Iranian crude to support those sanctions, but energy-starved India remains one of Iran's biggest oil purchasers.

  • LONDON, Oct 10- Brent crude oil eased towards $114 a barrel but stayed close to a three-week high on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.

  • *Russia and Iran will not give up on Assad for now. Posted on the Facebook page of President Bashar al-Assad of Syria, it shows the first lady Asma, dressed in jeans and a t-shirt, accompanying her daughter and three sons on their first day back at school. Russia and Iran continue to back Damascus.

  • LONDON, Oct 10- Brent crude oil held above $114 a barrel and close to a three-week high on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.

  • *NATO says plans in place to defend Turkey from Syria. LONDON, Oct 10- Brent crude oil fell towards $114 a barrel but remained close to a three-week high on Wednesday, as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.

  • *NATO says plans in place to defend Turkey from Syria. LONDON, Oct 10- Brent crude oil rose above $114 a barrel on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.

  • Iranian minister trying to woo Indian businesses Wednesday, 10 Oct 2012 | 4:01 AM ET

    NEW DELHI-- As Western sanctions squeeze Iran and its currency tumbles, the country's energy minister worked Wednesday to woo Indian businesses to invest in the beleaguered Iranian economy. The United States and the European Union have imposed sanctions on Iran to deter it from pursuing a nuclear weapons program.

  • *Euro STOXX 50 down 0.5 pct, FTSE, DAX, CAC down. *U.S. stocks fell 1 pct, Intel off 2.7 pct after downgrades. LONDON, Oct 10- European shares fell for the third day running on Wednesday and the euro came under fresh pressure along with Spanish and Italian bonds as economic anxiety was compounded by stuttering progress in the euro zone's battle against its debt crisis.

  • ISTANBUL, Oct 10- Gas flow on a pipeline carrying Iranian natural gas to Turkey will resume within a week, following a blast in eastern Turkey on Monday, Turkish Energy Minister Taner Yildiz said on Wednesday. Yildiz also said that Turkey had avoided supply problems after daily supplies from Russia were increased.

  • Turkey - Factors to Watch on Oct 10 Wednesday, 10 Oct 2012 | 1:13 AM ET

    The yield on Turkey's two-year benchmark bond. A reduction in natural gas exports from Iran would not have much impact on world energy markets, but could hurt Turkey and part of Azerbaijan, according to a U.S. report due to be released on Tuesday.

  • News Summary: Iran minister woos Indian businesses Wednesday, 10 Oct 2012 | 12:32 AM ET

    As Western sanctions squeeze Iran and its currency tumbles, the country's energy minister wooed Indian businesses on Wednesday for more investment and trade.

  • *Turkey warns Syria about cross-border shelling. Shelling along the Turkey- Syria border, hostility between Iran and the West and an impending Israeli election have reinforced fears about potential threats to oil supplies from the Middle East Gulf.

  • Obama signs order implementing new Iran sanctions Tuesday, 9 Oct 2012 | 7:04 PM ET

    WASHINGTON-- President Barack Obama has signed an executive order that carries out new sanctions against Iran that Congress approved and that he signed this summer. The sanctions seek to deter Iran from pursuing a nuclear weapons program.

  • *UAE spoke last month of Iran's "occupation". DUBAI, Oct 9- Iran's Foreign Ministry spokesman said on Tuesday Tehran would consider downgrading ties with the United Arab Emirates over three disputed Gulf islands, but state television later denied the Islamic Republic was contemplating such a move.

  • NEW YORK, Oct 9- Oil prices jumped on Tuesday, snapping a string of two lower settlements, as the threat of supply disruption in a tense Middle East countered concerns about slower growth and resulting sluggish demand for oil.

  • *Congress considering broader sanctions on Iran. WASHINGTON, Oct 9- A reduction in natural gas exports from Iran would not have much impact on world energy markets, but could hurt Turkey and part of Azerbaijan, according to a U.S. report due to be released on Tuesday.

  • NEW YORK, Oct 9- Oil prices rose more than 1 percent on Tuesday, after two sessions with lower settlements, as the threat of supply disruption in a tense Middle East countered concerns about slower growth and resulting sluggish demand for oil.

  • First female rapper debuts in Afghanistan Tuesday, 9 Oct 2012 | 11:02 AM ET

    Afghanistan's first female rapper Sosan Firooz pleads into her microphone. She sings about repression of women, her hopes for a peaceful Afghanistan and the misery she says she experienced as a small child living in neighboring Iran.

  • Iran may cut ties with UAE over disputed islands Tuesday, 9 Oct 2012 | 10:59 AM ET

    TEHRAN, Iran-- Iran on Tuesday warned the United Arab Emirates it could cut diplomatic relations between the two countries if the Arab nation keeps repeating claims to three Gulf islands that are controlled by Tehran.

  • UPDATE 1-Akfen may bid for Istanbul gas grid-CEO Tuesday, 9 Oct 2012 | 10:52 AM ET

    By Ayla Jean Yackley and Evrim Ergin ISTANBUL, Oct 9- Turkish group Akfen Holding. may bid for Istanbul's natural gas distribution network Igdas, which is slated for privatisation this year, along with a raft of other energy and transportation businesses that could go up for sale, Chief Executive Suha Gucsav said on Tuesday.