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 …
How US and Iran are playing a crypto cat-and-mouse game over sanctions
Iranian authorities and people are increasingly using cryptocurrencies to evade sanctions. The US is playing catch-up.
The Latest: Hegseth to face Congress for first time since Iran war began
Talks between Iran and the United States on ending the war seem stalled, despite U.S. President Donald Trump earlier claiming Iran had informed his administration that it was in a “State …
Iran’s rial drops to record low as ceasefire prompts rush for hard currency
DUBAI, April 29 (Reuters) – Iran’s currency dropped to a record low of 1,810,000 rials to the U.S. dollar on Wednesday, the Iranian Student News Agency (ISNA) said, as demand for foreign exchange that …
Ceasefire talks still alive despite mounting tensions, Pakistan says
Pakistan is continuing to mediate between the United States and Iran, with indirect ceasefire talks still alive despite mounting tensions between the sides.
Iraq’s President Names Political Newcomer to Form Government
After months of tensions and pressure from both the U.S. and Iran, Ali al-Zaidi, a businessman, was named as prime minister-designate.
Treasury freezes $344M in crypto as ‘Operation Economic Fury’ pushes Iran to industrial breaking point
The Treasury froze $344M in Iran-linked crypto, escalating pressure as officials warn Tehran could lose $170M daily with oil exports nearing disruption.
Can Russia serve as an economic lifeline for Iran amid the Hormuz blockade?
Analysts say that Moscow could offer a ‘lifeline’ but logistical issues, costs offer little incentive in the long-run.
Can Russia serve as an economic lifeline for Iran amid the Hormuz blockade?
Analysts say that Moscow could offer a ‘lifeline’ but logistical issues, costs offer little incentive in the long-run.
Flying cars and 5-minute charges: China’s EV industry sees opportunity in Iran crisis
As the US-Iran war has sent the world scrambling for fuel, China is positioned to benefit from its rapid shift into electric vehicles.