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On Friday, President Obama prepared to put the squeeze on Iran's international oil business as an oblique, but not ambiguous, means of pressuring Tehran about its nuclear program by laying the groundwork for more sanctions.

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Tuesday brought another round of the tug of war between Iran and the U.S., in which Iran, no doubt feeling the need to respond to pressure and sanctions intended to thwart Tehran's alleged plan to build a nuclear weapon, hit back by making it clear that an American aircraft carrier needed to stay away from the "Persian Gulf region." Updated

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After an American drone was downed last week in Iran, the U.S. made the unrealistic request that Iranian authorities return the spy machine, and on Tuesday, that appeal was unsurprisingly rejected.

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This information, we should note, comes from Iran's state-sponsored news agency, but officials in Tehran said Wednesday they had arrested as many as 12 CIA agents who had been working undercover to gather intelligence about the Iranian nuclear program and what the government planned to do with it.

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Last week, the United Nations' nuclear watchdog agency expressed "serious concerns" over Iran's nuclear program in a strongly worded report that claimed that there is evidence that Iran might be developing an atomic weapon. This is the stuff of "fantasyland," according to The New Yorker's Seymour Hersh.

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Despite the Iranian government's insistence to the contrary, the U.N.’s nuclear watchdog group, the IAEA, remains suspicious about Tehran's intentions for the country's nuclear program, passing a resolution Friday registering its "deep and increasing concern" that Iran is working on a nuclear weapon.

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Delegates from the United States and Europe walked out of the United Nations General Assembly on Thursday afternoon in the middle of a speech by Iranian President Mahmoud Ahmadinejad when he began expressing anti-Israeli sentiment.

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Two years after crossing an unmarked border into Iran, American hikers Shane Bauer and Josh Fattal are being released from prison on $1 million bail. Convicted of espionage by the Iranians, they had been sentenced to eight years behind bars. Update: The two Americans flew Wednesday to Oman, where they raced down the stairway of a private jet and into the arms of their families. (more)

Larry's List

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Mahmoud Ahmadinejad considers resigning his post as president of Iran; Google Maps will let users inside buildings; and Bill Gates dips his mouse into American education. These discoveries and more after the jump.

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