Thursday, May 2, 2024

Tehran, Moscow Link Banking Systems amid Western Sanction

DUBAI, Jan 30 (Reuters) - Iran and Russia have connected their interbank communication and transfer systems to help boost trade and financial transactions, a senior Iranian official said on Monday, as both Tehran and Moscow are chafing under...

Tehran Says It Foiled Cyberattack on Central Bank

Jan 6 (Reuters) - Iran has foiled a cyberattack on its central bank, the country's telecommunications infrastructure company said on Friday. Anonymous and other global hacking groups threatened in October to launch cyberattacks on Iranian institutions and...

German Exports to Iran Rise Despite Diplomatic Tensions

BERLIN, Jan 10 (Reuters) - German exports to Iran rose last year, according to data seen by Reuters, despite Western condemnation of Tehran's months-long crackdown against protests. German exports to Iran climbed 12.7% year-on-year from January to...

Kuwait To Drill Durra Field Before Iran Border Demarcation -Minister

DUBAI, July 27 (Reuters) - Kuwait oil minister Saad Al Barrak told SkyNews Arabia on Thursday that his country will start drilling and begin production at the Durra gas field without waiting for border demarcation with Iran. Al...

Iran’s Oil Minister Visits Venezuela

CARACAS - Iranian Oil Minister Javad Owji arrived in Venezuela on a visit meant to "strengthen energy relations," the South American country's foreign ministry said. The trip will include visits to the facilities of state oil company PDVSA,...

Exclusive-US Issues New 120-Day Waiver Letting Iraq Pay Iran for Electricity

By Arshad Mohammed WASHINGTON, July 18 (Reuters) - The United States on Tuesday moved to let Iraq pay Iran for electricity via non-Iraqi banks, a U.S. official said, a step Washington hopes may keep Tehran from forcing unpopular power...

Iranian Media, Lawmakers Criticize Government Over Hyperinflation, Poverty 

By Kayhan Life Staff Hyperinflation is exacerbating poverty levels in Iran, and leading politicians and the media to intensify their criticism of President Ebrahim Raisi and his government just seven months away from the country’s...

Islamic Republic Ministries, Central Bank Implicated In $3.37 Billion Corruption Scandal  

By Roshanak Astaraki The Islamic Republic of Iran’s ministries, customs office and central bank are implicated in a $3.37 billion corruption scandal centered on tea imports and orchestrated  between 2019 and 2022 by the Debsh...

Russia Eyes Free Trade Pact With Iran

June 19 (Reuters) - A free trade zone agreement between Iran, Russia and several countries that cover the vast Eurasian region spreading from the borders of Eastern Europe to Western China is possible by the end...

Iran Restricts Supply of Cheap Oil to Syria, Doubles the Price for Crude -WSJ

Jan 15 (Reuters) - Iranian officials have told Syria they would now have to pay more for additional shipments of oil, which will double the price to a market rate of more than $70 a barrel,...