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Wednesday, May 13, 2026

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Kayhan.London

Tag: Federal Reserve Bank of New York

U.S. Sanctions 14 Iraqi Banks in Crackdown on Iran Dollar Trade-...

July 19, 2023

kayhanlife

An English-language digital media outlet with a spotlight on the global Iranian community. #kayhanlife

May 12 - German-Iranian actress Narges Rashidi cla

May 12 - German-Iranian actress Narges Rashidi claimed the Leading Actress prize at the 2026 BAFTA Television Awards, the British Academy of Film and Television Arts’ annual celebration of excellence in British television, for her portrayal of Nazanin Zaghari-Ratcliffe in the BBC One drama “Prisoner 951,” opposite Joseph Fiennes. In a moving acceptance speech, the Khorramabad-born actress, known for roles in “Under the Shadow,” “Gangs of London” and “Hanna,” drew on her own experience as a seven-year-old war survivor to call on the industry to humanize the dehumanized, declaring that children in Iran, Gaza, Ukraine and Sudan may never receive the same chance she did, and that the stories told on screen truly matter.

@nargesrashidi @bafta

On May 12, Iran’s exiled Crown Prince Reza Pahlavi

On May 12, Iran’s exiled Crown Prince Reza Pahlavi sat down with Dasha Burns, White House Bureau Chief at Politico, to talk about the most recent developments in the standoff with Iran and his outlook on what the future might hold.

@pahlavicomms @officialrezapahlavi
@politico @dashaburns

By Timour Azhari and Parisa Hafezi RIYADH/DUBAI, M

By Timour Azhari and Parisa Hafezi
RIYADH/DUBAI, May 12 (Reuters) – Saudi Arabia launched numerous, unpublicized strikes on Iran in retaliation for attacks carried out in the kingdom during the Middle East war, two Western officials briefed on the matter and two Iranian officials said.

The Saudi attacks, not previously reported, mark the first time that the kingdom is known to have directly carried out military action on Iranian soil and show it is becoming much bolder in defending itself against its main regional rival.

The attacks, launched by the Saudi Air Force, were assessed to have been carried out in late March, the two Western officials said. One said only that they were “tit-for-tat strikes in retaliation for when Saudi (Arabia) was hit.”

Reuters was unable to confirm what the specific targets were.

In response to a request for comment, a senior Saudi foreign ministry official did not address directly whether strikes had been carried out.

The Iranian foreign ministry did not respond to a request for comment.

Saudi Arabia, which has a deep military relationship with the United States, has traditionally relied on U.S. military for protection, but the 10-week war has left the kingdom vulnerable to attacks that have pierced the U.S. military umbrella.

DUBAI, May 12 (Reuters) – Kuwait’s interior minist

DUBAI, May 12 (Reuters) – Kuwait’s interior ministry said on Tuesday it had arrested four people affiliated with Iran‘s Revolutionary Guards who attempted to infiltrate the [Persian] Gulf state by sea, the state news agency KUNA reported.

The ministry added that one member of Kuwait’s armed forces was injured in clashes with the infiltrators.

Kuwait later summoned Iran‘s ambassador and handed him a protest note over what it described as the infiltration of Bubiyan Island by the Revolutionary Guards the foreign ministry said.

Bubiyan Island is the largest of Kuwait’s coastal island chain, located in ⁠the northwest of the [Persian] Gulf.

Kuwait condemned the incident as a hostile act and said it reserved the right to defend its sovereignty under Article 51 of the U.N. Charter.

(Reporting by Ahmed Elimam and Jana Choukeir, Editing by Timothy Heritage)

By Nandita Bose, Nayera Abdallah and Elwely Elwell

By Nandita Bose, Nayera Abdallah and Elwely Elwelly

WASHINGTON/DUBAI, May 11 (Reuters) – U.S. President Donald Trump said on Monday that a ceasefire with Iran was “on life support” after Tehran’s response to a U.S. proposal to end the war made clear the two sides were still far apart on a number of issues.

Iran has called for an end to the war on all fronts, including Lebanon, where U.S. ally Israel is fighting Iran-backed Hezbollah militants. Tehran also demanded compensation for war damage, an end to the U.S. naval blockade, a guarantee of no further attacks, and resumption of Iranian oil sales.

Tehran also emphasized its sovereignty over the Strait of Hormuz, where it has shut down shipping traffic that normally carries one-fifth of the world’s oil and gas supply.

Trump said Iran‘s response threatened the status of a ceasefire that has been in place since April 7.

“I would call it the weakest right now, after reading that piece of garbage they sent us. I didn’t even finish reading it,” he said.

The U.S. had proposed an end to fighting before starting talks on more contentious issues, including Iran‘s nuclear program.

Tehran defended its stance on Monday.

“Our demand is legitimate,” Foreign Ministry spokesperson Esmaeil Baghaei said.

Iran‘s parliament speaker Mohammad Baqer ‌Qalibaf said that Iran‘s armed forces are ready to respond decisively to any “act of aggression”.

Trump has repeatedly threatened to end the ceasefire between the two countries since it took effect on April 7. But he has also sought to downplay tensions following a series of naval clashes last week.

Brent crude oil futures traded 2.7% higher at around $104 a barrel, as the deadlock left the Strait of Hormuz largely closed. Before the war began on February 28, the narrow waterway carried one-fifth of the world’s oil and liquefied natural gas, and has since become a central pressure point in the conflict.

Disruption caused by the near-closure of the strait has forced oil producers to cut exports, and OPEC oil output dropped further in April to the lowest in more than two decades, a Reuters survey showed on Monday.

WASHINGTON, May 11 (Reuters) – The U.S. government

WASHINGTON, May 11 (Reuters) – The U.S. government on Monday announced sanctions against three people and nine companies, including four based in Hong Kong and four in the United Arab Emirates, for aiding Iran‘s shipment of oil to China. The ninth company is based in Oman.

The Treasury move follows sanctions announced on Friday on individuals and companies aiding Iranian purchases of weapons and components used to make drones and ballistic missiles.

It comes days before U.S. President Donald Trump’s planned meeting with Xi Jinping, where he is expected to press the Chinese leader to help resolve the standoff with Iran and reopen the critical Strait of Hormuz.

Treasury said the new designations by the Office of Foreign Assets Control were aimed at individuals and entities that helped Iran‘s Islamic Revolutionary Guard Corps sell and ship Iranian oil to China using a series of front companies in permissive economic jurisdictions.

Treasury Secretary Scott Bessent said the Trump administration would continue to ratchet up pressure on Tehran to deprive the Iranian government and military of funding for weapons, its nuclear program or support for proxies in the region.

“Treasury will continue to cut the Iranian regime off from the financial networks it uses to carry out terrorist acts and to destabilize the global economy,” Bessent said.

(Reporting by Andrea Shalal, Ismail Shakil and Daphne Psaledakis; Editing by Katharine Jackson and Sanjeev Miglani)

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