Iran’s Parliament Ousts Economy Minister Over Economic Mismanagement
DUBAI, March 2 (Reuters) - Iran's parliament voted on Sunday to remove the country's Economy Minister Abdolnaser Hemmati from office over mismanagement of the economy and a plunging national currency, state media reported.
The parliament has ousted...
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...
Iran, Russia Agree on Gas Supplies, Nuclear Plant Funding
By Olesya Astakhova
MOSCOW, April 25 (Reuters) - Moscow and Tehran have reached a deal on 55 billion cubic metres of Russian gas supplies a year, though prices are yet to be agreed, while Russia also pledged...
Iran Moves Closer to Compliance With Global Dirty Money Watchdog’s Rules
DUBAI, May 14 (Reuters) - Iran's top arbitration body has approved a bill that could help remove Tehran from the blacklist of a global financial crime watchdog, state media reported on Wednesday, potentially advancing efforts to...
Russian-Backed Union Free Trade Deal With Iran Goes Into Effect
MOSCOW, May 15 (Reuters) - The Russian-led Eurasian Economic Union (EEU) free trade deal with Iran went into effect on Thursday, paving the way for increased trade across sectors ranging from agriculture to metals, a senior...
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...
US Targets Iranian LPG Magnate With Sanctions, Treasury Says
WASHINGTON, April 22 (Reuters) - The United States issued new sanctions on Tuesday targeting Iranian liquefied petroleum gas magnate Seyed Asadoollah Emamjomeh and his corporate network, the Treasury Department said, amid ongoing talks with Tehran on its...
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...
Turkish Bank Tells US Supreme Court It Should Be Immune From Iran Sanctions Charges
By Jonathan Stempel
May 7 (Reuters) - Türkiye's state-controlled Halkbank HALKB.IS asked the U.S. Supreme Court to throw out a lower court ruling saying it could be prosecuted on criminal charges it helped Iran evade American sanctions.
In a petition posted this...
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...
