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Tag: Iran

Posted on April 30, 2026

India central bank’s FX forward book balloons to over $100 billion as Iran war pummels rupee

By Jaspreet Kalra MUMBAI, Apr 30 (Reuters) – The Reserve Bank of India’s short dollar positions in the FX market ballooned to a record high $104 billion in March, data showed on Thursday, highlighting …
Posted on April 30, 2026

How the US managed to seize $500M of crypto from Iran

US Treasury Secretary Scott Bessent said that the US seized about $500 million in Iranian cryptocurrency. Scott Melker discusses the details in the video above “The Daily Wolf with Scott Melker” airs …
Posted on April 30, 2026

Trump’s new front against Iran: The US hunts hidden crypto networks

America’s Operation Epic Fury is now Operation Economic Fury. The US is targeting Iran’s cryptocurrency networks. This aims to stop Iran from moving money globally. Hundreds of millions of dollars in …
Posted on April 30, 2026

Pakistan opens up road trade routes into Iran amid Hormuz blockade

With shipping disrupted by US-Iran tensions, Islamabad activates overland corridor to move stranded cargo into Iran.
Posted on April 30, 2026

Bangladesh seeks LDC graduation deferment at UN hearing

Bangladesh cited gaps in readiness, incomplete core reforms, and economic fallouts from the Iran war as reasons for seeking an extension of the transition period for graduation from the least …
Posted on April 30, 2026

India’s weak currency reflects deeper problems than the Iran war

India’s currency lost around a tenth of its value against the dollar in the fiscal year to the end of March. The GDP rankings do not matter (beyond wounded pride). India, which is growing five times …
Posted on April 30, 2026

Japan’s factory output in surprise fall as Iran war takes toll on petroleum-based products

By Kantaro Komiya and Leika Kihara TOKYO, April 30 (Reuters) – Japan’s factory output unexpectedly fell in March as production tumbled for a range of chemical and petroleum-based goods, data showed on …
Posted on April 30, 2026

Pakistan opens land routes to Iran: How this move exposes Islamabad’s double-game with the US

Pakistan’s decision to open six overland trade routes to Iran amid a US naval blockade has raised questions about where Islamabad’s priorities lie. The move offers Tehran a critical economic lifeline …
Posted on April 30, 2026

Oil price rises above $120 after reports of ‘extended’ Iran blockade

Oil prices have climbed sharply following reports that the US is preparing for an ‘extended’ blockade of Iran. Brent crude rose to around $115 (£85) a barrel on Wednesday, having …
Posted on April 30, 2026

Pakistan facing major economic fallout due to Iran war, 2-year progress reversed: Shehbaz Sharif

Shehbaz said Pakistan’s oil import bill had surged from $300 million before the conflict to $800 million, placing additional pressure on the economy.

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