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DAMASCUS, Syria, Dec. 22 (UPI) -- The Iraqi speaker of parliament said Monday from Syria his government was mindful of regional players working against Tehran in the global oil marketplace.

Iran is trying to retool an economy stifled by Western economic sanctions and now the low price of oil, off about 45 percent from its June value. The price of oil Monday was around $61 per barrel. Iranian officials have said they are drafting a budget for the fiscal year that begins in March based on $70 per barrel.

Speaker Ali Larijani said from the sidelines of a visit with Shiite allies in Syria the government in Tehran suspected the same countries that worked against it during the Iran-Iraq war in the 1980s were the same as those working against it now.

"We will not forget which countries are conspiring to reduce oil prices," he said. "It would be a mistake if they imagine that they can change the strategic and important issues of the [Middle East] region through oil."

Price variances among the 12 blends from the Organization of Petroleum Exporting Countries, of which Iran is a member, are seen by some as a sign of internal rivalries among producers that can withstand lower oil prices and those that can't.

Saudi Arabia, seen as the most influential producer in OPEC, sided with the United States and other regional allies to back the Sunni government of Saddam Hussein during the 1980s conflict, seeing Islamic revolution in Iran as a cause for concern.

A November decision by OPEC to keep production levels static despite the current market situation was seen as a driver of lower prices heading into 2015. Last week, Saudi Oil Minister Ali al-Naimi told the official Saudi Press Agency it would "difficult, if not impossible" to reduce its market share any further.

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Iran wary of regional oil conspiracies

Source: Tehran Times

TEHRAN - The Islamic Republic of Iran is the fourth missile power in the world, Defense Minister Hossein Dehqan says. "Iran has an acceptable status among countries possessing missile capabilities, and stands after the United States, Russia, and China [in missile power]," Dehqan said in a televised interview with Al-Alam channel on Friday.

Iranian Defense Minister Hossein Dehqan

The country is currently striving to boost the accuracy of the missiles and make them radar evading, he noted, adding that Iran has increased the range of its missiles "in proportion to possible threats against the country."

Iran has the ultimate say in its own missile and defense capabilities and no other entity will be able to impose its will on the country's decisions in the missile sector, Dehqan said.

Over the past years, Iran has made important breakthroughs in its defense sector, attained self-sufficiency in producing important military equipment and systems, and enhanced the preparedness of its forces by holding various drills.

Iran, however, has repeatedly assured other nations, especially regional neighbors, that its military might poses no threat to other countries, insisting that its defense doctrine is merely based on deterrence.

Iran's Shahab 3 missile

Iran's missile might not up for negotiation with 5+1 group: Dehqan

Dehqan further pointed to efforts by the United States and its allies to include the issue of Iran's missile capability in the nuclear talks between Tehran and the 5+1 group of world powers (the United States, Russia, China, France, Britain, and Germany), saying the negotiations would only cover the nuclear issue.

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Iran is world's fourth missile power: Defense Minister

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On recent episode of Bill O #39;Reilly #39;s O #39;Reilly Factor, Rep. Michele Bachmann (R-Minn.) described a recent encounter with President Barack Obama during which...

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ABC #39;s Tina Trinh ventures into a real-life portal.

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