An Israeli oil company has been ordered by a Swiss court to pay $1.1 billion to Iran in compensation in a long-standing legal battle related to a joint venture before the Islamic Revolution, the IRNA news agency says. Citing an “informed source” at Iran’s Presidential Center for Legal Affairs, IRNA said the ruling relates to the Israeli company’s sale of Iranian oil and withholding the money. Iran... 

Iran’s Defense Minister Brigadier General Ahmad Vahidi says the country will unveil its first space observatory early next month when it marks the victory in 1979 of the Islamic Revolution. “During Ten-Day Dawn [festivities], a space observatory, named after [the sixth Shiite imam] Imam Sadeq (PBUH), will be inaugurated as the first [Iranian] space monitoring station,” the minister said on Monday. “Inauguration... 

A senior Iranian military official says Tehran will attack any country used by “enemies” to launch a military strike against his country. The statement comes amid growing tensions between Iran and the West. ­”Any spot used by the enemy for hostile operations against Iran will be subjected to retaliatory aggression by our armed forces,” the deputy head of Iran’s elite... 

Top Iranian military official Brig. Gen. Ali Shademani A senior Iranian military official says Iran will take full control of the Strait of Hormuz should Washington opt to launch aggression against Iran. “The country’s armed forces which are under the (Islamic Revolution) Leader’s command are in the highest state of preparedness.” head of the Operations Department of the Joint...