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US President Barack Obama conceded on Friday that tensions over Iran were "adding a US$20 (RM62) or US$30 premium to oil prices", which are up some 20 per cent since December.

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The US press corps has embraced the integrity of the International Atomic Energy Agency as central to the case for bombing Iran. But WikiLeaks documents revealed how the IAEA’s new leader is a pawn of the West, and Gareth Porter explains at Inter Press Service how the IAEA has escalated the confrontation with Iran. ››read more

Seeking to sanction a country into capitulation is not a new strategy. It's a proven failed strategy. In the ten past cases where broad sanctions of the kind imposed on Iran were used, only once did the sanctioned country capitulate (in that case, surrender its nuclear program and transition to democracy). ››read more