ANALYSIS: Twenty-Six Million Iranians Live In Extreme Poverty
By Kayhan Life Staff
President Ebrahim Raisi’s government established the “Headquarters for Eradicating Absolute Poverty” in 2022.
Yet almost a year later, the number of Iranians forced into poverty continues to increase.
In comments reported by the...
Iranian Oil Exports End 2022 at a High, Despite No Nuclear Deal
By Alex Lawler, Bozorgmehr Sharafedin and Chen Aizhu
LONDON, Jan 15 (Reuters) - Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite U.S. sanctions,...
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,...
China Pulls Out of Oil Deal with Iran
By Kayhan Life Staff
China Petroleum and Chemical Corporation (Sinopec) has pulled out of the Yadavaran Oil Field project in the southwestern province of Khuzestan, according to Hamid Hosseini, the director of the Iranian Oil,...
Iraq to Pay $2.76 Bln in Gas and Electricity Debt to Iran
BAGHDAD, June 10 (Reuters) - Iraq has agreed to pay about $2.76 billion in gas and electricity debt to Iran after receiving a sanctions waiver from the United States, a senior Iraqi foreign ministry official said.
Iraqi Foreign Minister Fuad Hussein was...
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...
Frozen Iranian Assets Transferred to Swiss Central Bank – S.Korean Media
SEOUL, Aug 21 (Reuters) - Iranian assets that had been frozen in South Korea were transferred to Switzerland's central bank last week for exchange and transfer to Iran, South Korean media reported on Monday.
The Swiss National Bank...
Twenty-Eight Million Iranians Live Below Poverty Line, Majlis Deputy Warns
By Kayhan Life Staff
Mohsen Pirhadi, deputy chair of Iran’s Seventh Development Plan’s Consolidation Commission, has said that 28 million Iranians live below the poverty line.
The poverty line (poverty threshold) calculates the minimum amount needed to...
Sri Lanka Set to Start Tea-for-Oil Barter With Iran Next Month
By Uditha Jayasinghe
COLOMBO, June 23 (Reuters) - Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit...
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...
