The Iranian currency – the rial – has been essential in shoring up a view of Iran as strong and independent in recent years. Now it's collapsing on President Ahmadinejad's watch.
Iran has issued two threats that it could close the Strait of Hormuz, reminding the world how it could spike oil prices if the US or Israel attacks. But it wouldn't be easy.
The family of former FBI agent Robert Levinson, missing in Iran since 2007, confirmed today he's being held hostage and released a video provided by his captors.
Iran called the Nov. 12 explosion at a key missile development center an accident. But there is increasing speculation that it was in fact part of a covert war against Iran.
Eleven protesters in the British embassy attack were released last night. Britain is rallying Europe to clamp down hard on Iran.
Britain has withdrawn all its diplomats after yesterday's attack on its embassy, and ordered all Iranian diplomats out of Iran within 48 hours.
Western countries are on alert for any decisive moves from Tehran that hint at an 'all-out bid' for an Iranian nuclear weapon. But in the meantime they are sticking to diplomatic measures.
The latest sanctions against the Iran nuclear program target its oil and petrochemical industries. The US and France are also threatening more devastating measures against Iran's banks.
US lawmakers have pushed for crippling sanctions on Iran's nuclear program, citing this week's report as reason for urgent action. But veto-wielding Russia and China are likely to block new UN sanctions.
Breathless predictions that the Islamic Republic will soon be at the brink of nuclear capability, or – worse – acquire an actual nuclear bomb, are not new. For more than quarter of a century Western officials have claimed repeatedly that Iran is close to joining the nuclear club. Such a result is always declared "unacceptable" and a possible reason for military action, with "all options on the table" to prevent upsetting the Mideast strategic balance dominated by the US and Israel. And yet, those predictions have time and again come and gone. This chronicle of past predictions lends historical perspective to today’s rhetoric about Iran.
Words like 'crippling' and 'collapse' and 'lethal' are being used by US proponents of tougher sanctions ahead of an IAEA report on Iran's nuclear program. Is that smart diplomacy?
Ahead of an IAEA report on Iran's nuclear program, China, Russia, Germany, and France have all urged calm.
Israel's fear of a nuclear Iran is deeply felt, and an IAEA report this week could add to it. But it's still hard to see a military strike on Iran's nuclear facilities any time soon.