Friday, April 4, 2025

Iran’s Currency Drops to a Record Low amid Geopolitical Uncertainty

DUBAI, March 25 (Reuters) - Iran's currency fell below the psychologically key level of 1,000,000 rial per U.S. dollar on Tuesday, as market participants saw no end in sight to sanctions under U.S. President Donald Trump's...

EXCLUSIVE – US Mulls Plan to Disrupt Iran’s Oil by Halting Vessels at Sea

By Jonathan Saul and Jarrett Renshaw WASHINGTON, March 6 (Reuters) - President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of...

EXCLUSIVE – U.S. Piles Pressure on Iraq to Resume Kurdish Oil Exports, Sources Say

By Maha El Dahan, Ahmed Rasheed and Jarrett Renshaw DUBAI/BAGHDAD/WASHINGTON, Feb 21 (Reuters) - U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran, eight sources...

Trump Repeats Tariffs Threat to Dissuade Iran and Other BRICS Nations From Replacing US...

By Ismail Shakil Jan 30 (Reuters) - President Donald Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning...

ANALYSIS: OPEC and Saudi Spare Oil Production Capacity

LONDON, Feb 4 (Reuters) - U.S. President Donald Trump on Tuesday restored his "maximum pressure" campaign on Iran that includes efforts to drive its oil exports down to zero in order to stop Tehran from obtaining a nuclear weapon. Such...

EXCLUSIVE – After US Move On Iraq-Iran Power Trade, Baghdad Looks to Replace Iranian...

By Aref Mohammed BASRA, Iraq, March 10 (Reuters) - After the U.S. moved to block Iraq's imports of electricity from Iran, Baghdad is looking to Qatar and Oman as possible options should Washington do the same regarding their...

GLOBAL MARKETS – Brent Crude Oil Futures Nudge up Following US Sanctions on Iran

By Amanda Cooper LONDON, Feb 25 (Reuters) - Global shares traded cautiously higher on Tuesday, in light of growing evidence of a softening in the U.S. economy ahead of earnings from Nvidia NVDA.O, while the euro eased below...

Russia Eyes 55 Bcm of Gas Exports to Iran per Year, Putin Says

By Vladimir Soldatkin MOSCOW, Jan 17 (Reuters) - Russia may supply up to 55 billion cubic metres (bcm) of gas per year to Iran, Russian President Vladimir Putin said on Friday, as Moscow diversifies its gas flows after...