U.S. Grants 120-Day Waiver for Iraq to Pay for Electricity from Iran
WASHINGTON, March 31 (Reuters) - The United States has renewed a waiver allowing Iraq to pay for electricity imported from Iran, this time giving Baghdad 120 days to reduce its energy dependence on neighboring Tehran,...
OPINION: Iran Economic Crisis Underpins ‘No to Islamic Republic’ Campaign
By Roshanak Astaraki
In recent days, many Iranians inside and outside the country have joined an online campaign titled “No to the Islamic Republic,” launched earlier this month by some 600 Iranian political dissidents, activists,...
Ten Iranian Nationals Charged with Evading U.S. Sanctions
By Dan Whitcomb
LOS ANGELES, March 19 (Reuters) - U.S. prosecutors charged 10 Iranian nationals on Friday over an alleged long-running scheme to dodge U.S. sanctions on Tehran by disguising $300 million in transactions, including the...
General Soleimani Successfully Bypassed Oil Sanctions, Iran Vice President Says
By Kayhan Life Staff
The late Lieutenant General Ghasem Soleimani was the only person who helped Iran successfully bypass economic sanctions and sell its oil, according to Iran’s First Vice President Eshagh Jahangiri.
Mr. Jahangiri made...
EXCLUSIVE- India Merchants Almost Halt Exports to Iran as Its Rupee Reserves Fall...
By Rajendra Jadhav, Nupur Anand and Parisa Hafezi
MUMBAI/ DUBAI, March 4 (Reuters) - Indian merchants have almost entirely stopped signing new export contracts with Iranian buyers for commodities such as rice, sugar and tea, due...
Trafigura Economist Says Full Restoration of Iranian Oil Far off
NEW YORK, March 2 (Reuters) - The world is still likely "a long way away" from seeing a treaty that would allow Iranian crude oil exports and production to be fully restored, chief economist for...
Inflation Soared in Iran in January, Report Shows
By Kayhan Life Staff
A recent report by the Statistical Center of Iran, a government agency, said that in January, Iran posted 48.2 percent inflation compared to January 2020. This rate included the cost of...
Iran’s Expediency Council Could Rule on FATF By Late March, Official Says
By Kayhan Life Staff
Mohsen Rezaei, Secretary of Iran’s Expediency Council, has said that the Council may issue its final decision on the Financial Action Task Force (FATF) Recommendations by March 21, the start of...
U.K.-Iran Trade Could Be Affected By Genocide Clause in Trade Bill, Lawyer Says
By Natasha Phillips
Future trade between the UK and Iran could potentially be affected by an amendment in the England and Wales trade bill, which enables the government to review trade deals when one of...
ANALYSIS: Economic Pain May Push Tough-Talking Iran to Show Nuclear Flexibility
By Parisa Hafezi and John Irish
DUBAI/PARIS, Feb 10 (Reuters) - Iran insists the new U.S. administration act first to save the collapsing 2015 nuclear deal but faces pent-up pressures, from ruinous sanctions to internal...