Thursday, May 9, 2024

EXCLUSIVE-Attacks on Major Iraqi Gasfield Drive Out U.S. Contractors

By Amina Ismail and Maha El Dahan ERBIL, Aug 30 (Reuters) - A series of rocket attacks on a gasfield in northern Iraq has sent the U.S. contractors working on its expansion packing, dealing a blow to...

Iran’s Economic Crisis Will Spark Massive Protests, Expert Says

By Kayhan Life Staff Chronic mismanagement of Iran’s domestic and foreign policy by successive governments, and the failure of the current President Ebrahim Raisi and his cabinet to strike a new nuclear deal with the...

Iran to Start Accepting Russian Mir Payment Cards Soon -Official

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, July 27 (Reuters) - Iran will soon start accepting payments made with Russia's Mir bank cards, a top official...

EXCLUSIVE- Binance Served Crypto Traders in Iran for Years Despite U.S. Sanctions, Clients Say

By Tom Wilson and Angus Berwick LONDON, July 11 (Reuters) - The world's largest crypto exchange, Binance, continued to process trades by clients in Iran despite U.S. sanctions and a company ban on doing business there, a Reuters investigation...

Iran Hyperinflation Sends Food Prices Soaring By As Much As 332%

By Kayhan Life Staff A recent report by the Statistical Center of Iran (SCI) listed 53 food products affected by rising inflation in cities across the country, with 37 items experiencing a price hike of...

China Imports 2 Mln Barrels More of Iran Oil, Likely for Reserves -Tanker Trackers

SINGAPORE, June 22 (Reuters) - China has received a new shipment of nearly 2 million barrels of Iranian oil in the past week at a southern port, according to shipping trackers, with one tracker saying the cargo...

Islamic Republic’s Labour Minister Resigns Amid Protests Against Soaring Living Costs

June 14 (Reuters) - Iran's labour minister resigned on Tuesday amid daily nationwide protests by pensioners, merchants and workers against soaring living costs. While it was not clear if Hojatollah Abdolmaleki’s resignation was directly related to the...

Greek Court Overturns Decision on U.S. Seizure of Iranian Oil Cargo – Sources

ATHENS, June 8 (Reuters) - A Greek court on Wednesday overturned an earlier court ruling that allowed the confiscation by the United States of part of a cargo of Iranian oil on an Iranian-flagged tanker off the Greek...

Iran’s Mehr News Agency Removes Report on Food Shortages From Its Website

By Kayhan Life Staff The Tehran-based Mehr News Agency removed an article on the public’s angry reaction to the high cost of living and shortage of food products a few hours after it appeared on...

EXCLUSIVE: Iran Has Shut Down Its Biggest Offshore Oil Complex, Source Says

 By Kayhan Life Staff The Iranian Offshore Oil Company (IOOC) has shut down its Abuzar Oil Field in the Persian Gulf, a source familiar with the situation told Kayhan Life on May 28. The source explained...