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The White House has been reported to have secretly stepped up covert operations inside Iran with the aim of destablising its leadership. President George W Bush requested and received funding of $400 million (£200 million) for the plan after he made a secret appeal to Congressional leaders last year. The money is likely to be used for operations carried out by the CIA and other intelligence agencies, according to the New Yorker magazine.

Republican congressman Ron Paul warns against military engagement in Iran, saying 'bombing Iran' will cause energy prices to skyrocket. In a speech on the House floor, Congressman Paul suggested that the US is inching toward an 'endless struggle' similar to the Iraq war.

WASHINGTON (CNN) -- The Bush administration has launched a "significant escalation" of covert operations in Iran, sending U.S. commandos to spy on the country's nuclear facilities and undermine the Islamic republic's government, journalist Seymour Hersh said Sunday.

Ron Paul discusses rising energy costs and Iran.