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, 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...
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...
OPEC+ Set to Further Speed up Output Hikes, Sources Say
By Alex Lawler, Maha El Dahan and Dmitry Zhdannikov
LONDON, July 5 (Reuters) - OPEC+ will likely agree to further accelerate oil output increases on Saturday at its first meeting since oil prices jumped, and then retreated,...