Sunday, April 28, 2024

ANALYSIS: After Currency Devaluation, Iran’s Economic Outlook Is Bleak 

By Roshanak Astaraki The Iranian foreign exchange (forex or FX) market experienced one of its most volatile periods in the last week of January, with a dramatic devaluation of the Iranian rial. On Jan. 23, the...

US Targets Iranian, Hezbollah Financial Network, Treasury Dept Says

WASHINGTON, Jan 31 (Reuters) - The United States on Wednesday imposed sanctions on three entities and one individual in Lebanon and Turkey for "providing critical financial support" to a financial network used by Iran's Quds Force and...

Erdogan, Eyeing More Trade With Iran, Says Turkey Weighing Opening New Border Crossings

ANKARA, Jan 25 (Reuters) - Turkey is considering opening new border crossings with eastern neighbour Iran, President Tayyip Erdogan said late on Wednesday after talks with his Iranian counterpart, as they seek to revive sagging economic relations. https://youtu.be/d_mIGxixCbo?si=aI5ZnbG0H41ntL8Y Erdogan, speaking...

EXCLUSIVE- Iran’s Regime Oil Trade With China Stalls as Tehran Demands Higher Prices

By Chen Aizhu and Muyu Xu SINGAPORE, Jan 5 (Reuters) - China's oil trade with Iran has stalled as Tehran withholds shipments and demands higher prices from its top client, tightening cheap supply for the world's biggest crude importer,...