Sri Lanka’s state-run Ceylon Petroleum Corporation has reduced its debt to National Iranian Oil Company, to 130.6 million dollars by June 2025 down from 191 million a year earlier, a Finance Ministry …
Iranians seeking financial stability see budget poured into wars
The Iranian government remains ambitious to engage in wars, even as those efforts drain the nation of both money and hope.
Iran’s Supreme Leader says cooperation with US not possible while it backs Israel
DUBAI (Reuters) -Cooperation between Iran and the United States is not possible as long as Washington continues to support Israel and to maintain military bases and interfere in the Middle East region …
FinCEN issues new Financial Trend Analysis identifying $9B in Iranian shadow banking activity in 2024
On October 23, FinCEN released a new Financial Trend Analysis identifying approximately $9 billion in potential Iranian shadow banking activity …
Iran Rejects Direct Talks With US, Vows to Continue Nuclear Program After Trump Resumes Testing
Iran’s Foreign Minister Abbas Araghchi has firmly rejected direct negotiations with the US over Iran’s nuclear and missile programs, reiterating that Tehran will continue its uranium enrichment, …
Iran banking on Iraq vote to retain regional influence
Iraq will hold parliamentary elections on November 11, with analysts saying Iran will be watching closely as it hopes to retain influence over its neighbour after losing regional leverage during the …
Iran’s Economic Growth Slows amid Weaker Investment
Iran’s economic engine is losing momentum. According to new data from the Statistical Center of Iran, the country’s gross domestic product (GDP) shrank by 0.4% in the first quarter of the current …
Israel warns of intensifying attacks against Hezbollah
Israel on Sunday signalled it could intensify operations in Lebanon against Hezbollah, which Israeli Prime Minister Benjamin Netanyahu accused of rearming, urging Beirut to disarm the Iran-backed group.
Iran’s president says Tehran will rebuild its nuclear facilities
Tehran will rebuild its nuclear facilities “with greater strength”, Iran’s President Masoud Pezeshkian told state media on Sunday, adding that the country does not seek a nuclear …
Pakistan, Iran move to boost border trade, connectivity
ISLAMABAD: In a bid to deepen economic cooperation and uplift marginalised border communities, Commerce Minister Jam Kamal has proposed a series of high-level bilateral visits to strengthen …