Iranian Parliament Approves Currency Redenomination
DUBAI, Oct 5 (Reuters) - Iran has gained parliamentary approval for a monetary overhaul to remove four zeros from its national currency over the next few years to simplify transactions after years of inflation.
Years of inflation...
Iraq Fails to Win US Approval to Import Turkmen Gas via Iran
By Maha El Dahan and Muayad Hameed
DUBAI/BAGHDAD, Sept 19 (Reuters) - Iraq's attempt to ease its chronic power shortage with gas from Turkmenistan routed through neighbouring Iran has failed under U.S. pressure, leaving Baghdad scrambling for...
Iran Hopes Gazprom’s Gas Deliveries via Azerbaijan to Start Soon
Aug 25 (Reuters) - Iran hopes supplies of Russian gas via Azerbaijan will begin soon, as almost all issues in negotiations with Gazprom GAZP.MM have been resolved, TASS cited Kazem Jalali, Iran's envoy to Russia, as saying in...
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,...
European Shares Mixed as Investors Assess Iran-Israel Ceasefire
By Sukriti Gupta and Sanchayaita Roy
June 25 (Reuters) - European shares were mixed on Wednesday as investors assessed the developments around a ceasefire between Iran and Israel.
The pan-European STOXX 600 index .STOXX was up 0.04% at 541.2 points, as of...
Japanese Megabanks Weigh Middle East Evacuations, JPMorgan Limits Travel
TOKYO/NEW YORK, June 23 (Reuters) - Several major Japanese banks are considering evacuating staff from the Middle East and Wall Street giant JPMorgan JPM.N has restricted employee travel in the region as tensions escalate.
The United States entered the...
Investors Brace for Oil Price Spike, Rush to Havens After US Bombs Iran Nuclear...
By Suzanne McGee, Saqib Iqbal Ahmed and Lewis Krauskopf
NEW YORK, June 22 (Reuters) - A U.S. attack on Iranian nuclear sites could push oil prices even higher and trigger a knee-jerk rush to safety, investors said, as they...
FOREX-Dollar Muted as Investors Watch Israel-Iran Conflict
By Amanda Cooper
LONDON, June 18 (Reuters) - The U.S. dollar eased against the yen and Swiss franc on Wednesday, as fighting between Israel and Iranprompted investors to scoop up safe-haven assets, while a Federal Reservedecision on interest rates...
GLOBAL MARKETS – Stocks Tumble, Oil Soars as Israel’s Strike on Iran Jolts Markets
By Kevin Buckland
TOKYO, June 13 (Reuters) - Global stock markets dived on Friday and oil prices surged after Israel conducted a military strike on Iran, rattling investors and sparking a shift towards safe havens such as gold and...
FOREX – US Dollar and Other Safe Haven Currencies Rise as Israel Strikes Iran
By Johann M Cherian
June 13 (Reuters) - The U.S. dollar advanced on Friday as investors rushed back into the currency and other safe-haven assets including U.S. Treasury bonds and gold after Israel launched widescale strikes against Iran, sparking...
