Friday, April 12, 2024

U.S. Weighs Sanctions for Chinese Companies Over Tehran Surveillance Buildup – WSJ

Feb 4 (Reuters) - The U.S. is considering new sanctions on Chinese surveillance companies over sales to Iran's security forces, the Wall Street Journal reported on Saturday citing people familiar with the matter. U.S. authorities are in advanced discussions on...

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...

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...

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 Currency Falls to Record Low As Sanctions To Continue

DUBAI, Feb 20 (Reuters) - Iran's troubled currency broke below the psychologically key level of 500,000 rial per U.S. dollar on Monday, as market participants saw no end in sight to sanctions. The Iranian rial plummeted to a...

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...

Iran’s Government Swells Budget to Boost Growth, Cut Inflation

DUBAI, Jan 11 (Reuters) - Iranian President Ebrahim Raisi presented a substantially enlarged state budget to parliament on Wednesday, vowing to bring down inflation and boost growth to lift an economy hit by U.S. sanctions. State media...

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...

Iraq-Iran Gas-For-Oil Barter Would Likely Violate US Sanctions

By Arshad Mohammed WASHINGTON, July 14 (Reuters) - A barter of Iranian natural gas for Iraqi oil as described by the Iraqi prime minister this week would likely violate U.S. sanctions on Tehran unless the U.S. issued a waiver permitting...

OPEC Plans No Immediate Action After Iran Urges Israel Oil Embargo, Sources Say

By Elwely Elwelly and Ahmad Ghaddar DUBAI/LONDON, Oct 18 (Reuters) - OPEC is not planning to hold an extraordinary meeting or take any immediate action after Iran's foreign minister called on members of the Organisation of Islamic Cooperation...