City Tehran Financial News

21.04 / 07:54

Citi security reports Investigations Iraq's PMF force says base was attacked, army investigates

security force that includes Iran-backed groups. The force commander said it was an attack while the army said it was investigating and there were no warplanes in the sky at the time. Two security sources had said earlier that an airstrike caused the blast, which killed a member of Iraq's Popular Mobilization Forces (PMF) and wounded eight others at Kalso military base about 50 km (30 miles) south of Baghdad. In a statement, the PMF said its chief of staff Abdul Aziz al-Mohammedawi had visited the location and «reviewed the details of the investigative committees present in the place that was attacked».

21.04 / 06:57

Fighting Election President Experts War Week of Iran-Israel strikes marks a Mideast ‘Game Changer’

Israel ended with relief Friday after Tehran declared it had defeated what it said was a small attack on its territory by Israeli drones. But while the strike, which Israel didn’t officially claim, avoided touching off fresh escalation for now, there was no escaping that the tit-for-tat exchange ushered in a new era where the two adversaries look more willing to fight each other directly rather than through proxies. And that, government officials and experts fear, could lead to open war.

19.04 / 16:03

COST Citi Moodys War country Israel's long-term credit rating is downgraded by S&P, 2nd major US agency to do so, citing conflict

Israel’s long-term credit rating is being downgraded by S&P, which cited the risk of military escalation with Iran

19.04 / 07:03

Citi Action wellness reports Updates Did Israel launch retaliatory attack on Iran? Tehran says ‘explosions were result of…’

ABC reported, citing a US official. Explosions and loud noises were heard in the city of Isfahan, according to Iran's Mehr news agency. This comes a week after Iran launched a drone and missile attack on Israel.

19.04 / 04:10

Target Southern War country reports Israel retaliates to missile attack, Iran says ‘drones shot down’; Israeli military sounds sirens

missile attack for now," Iran's space agency spokesman Hossein Dalirian said on X. Dalirian added, “Until this moment, there has been no air attack from outside the borders to Isfahan or other parts of the country, and they have only made a failed and humiliating attempt to fly quadcopters, and the quadcopters have also been shot down." The Fars news agency said “three explosions" were heard near the Shekari army airbase near Isfahan. Earlier in the day, according to a senior US official cited by ABC News, Israel conducted missile strikes against Tehran early on Friday morning local time, Reuters reported.

19.04 / 04:09

markets UPS security reports International Gold Prices Gold prices jump after escalation in Iran-Israel war. Should you buy in this rally?

Gold rate today: On account of rising geo-political tension in the Middle East region, gold prices witnessed buying interest during the early morning session on Friday. Gold price on the Multi Commodity Exchange (MCX) opened upside and went on to touch an intraday high of ₹72,869 per 10 gm. In the international market, spot gold price also showed upside movement and came close to $2,400 per troy ounce levels in early morning deals.

18.04 / 01:03

Target WhatsApp Southern War rowing Lebanon's Hezbollah targets Israel base, wounding 14 soldiers

Lebanon's Hezbollah group said it attacked an Israeli army base near the border on Wednesday, with the latest in a series of tit-for-tat strikes wounding 14 soldiers, according to Israel's military. Israel and Hezbollah, an Iran-backed Hamas ally, have been exchanging near-daily cross-border fire since the Palestinian militant group attacked southern Israel on October 7, triggering war in the Gaza Strip. But Wednesday's incident marked the third day in a row that Hezbollah strikes wounded people in Israel, with regional tensions high after Iran launched a direct attack on Israel over the weekend in retaliation for a deadly strike on Tehran's Damascus consulate.

17.04 / 08:29

UPS Experts War country Despite rising Iran-Israel tensions, crude oil prices hold steady – here's why

Also Read: Iran's crude oil output up 20% in 2 years at 3.3% of global supply: What does this mean for the Iran-Israel proxy war? The region comprises five of the top ten oil-producing countries. Saudi Arabia holds the top position as the largest producer in the region and ranks as the world's second-largest oil producer, contributing over 12% of the global crude output. Iran is another major producer in the region with a global share of 3.3% and home to vast oil resources.

17.04 / 03:15

President War country Updates International Iran-Israel war LIVE updates: US plans to impose sanctions on Iran's missile, drones programs

Catch all the latest updates on the big story at Mint's LIVE blog:Turkish President Recep Tayyip Erdogan has accused Western nations of double standards for speaking out against Iran. “Those who remained silent toward Israel’s aggressive attitude immediately raced to condemn Iran’s response," he said.Spanish Prime Minister Pedro Sanchez said Tuesday that an independent Palestinian state should be recognized as soon as possible.

16.04 / 17:53

FIVE Action War country International Oil prices steady after supply concerns subside even as US plans new Iran sanctions; Brent at $90/bbl

Brent to $92.18 last week -its highest since October. But prices retreated on Monday after Iran's attack on Israel over the weekend proved to be less damaging than anticipated. Brent crude futures for June delivery last rose five cents, or 0.1 per cent, to $90.15 per barrel while US crude for May gained 14 cents, or 0.2 per cent, to $85.55.

16.04 / 13:53

WhatsApp President show consequences prevention Putin urges restraint in call with Iran's Raisi

Moscow, Apr 16, 2024 -Russian President Vladimir Putin warned that further escalation in the Middle East could have «catastrophic consequences,» during a phone call with his Iranian counterpart Ebrahim Raisi, the Kremlin said Tuesday. «Vladimir Putin expressed hope that all sides would show reasonable restraint and prevent a new round of confrontation fraught with catastrophic consequences for the entire region,» the Kremlin said in a readout of the call. The situation in the Middle East grew even tenser over the weekend when Iran and its allies launched a barrage of over 300 missiles, drones and rockets at Israel.

16.04 / 03:47

markets UPS Aware Action wellness War Cold War II: The world needs to minimize hot eruptions in West Asia

Investors are well aware that every war heightens uncertainty. It entails risks that are hard to price, as they defy probability estimates. A recency bias, however, must not get the better of us on the disruptive potential of hostilities in West Asia, where Israel’s night-sky was lit up on 13 April by the flares of aerial strikes by Iran in retaliation to an attack on its consulate in Syria.

16.04 / 03:43

UPS Election Trade President reports Will Joe Biden punish Iran for attacking Israel? Know about options

Joe Biden help the Iranian regime by ignoring its nefarious activities like bankrolling Hamas and expanding its nuclear capabilities? After Tehran backed Houthi rebels and now attacked US ally Israel, this question has surfaced. Biden has also been accused of refusing to enforce sanctions imposed years ago. Tehran increased its oil exports, its most significant revenue source after Biden came to office four years back. Now, as the 2024 US Presidential Election is coming close and the campaign is picking up, the president will have to answer these allegations.

15.04 / 09:03

Reuters President country reports Updates Israel-Iran conflict: 'We have to ensure Israel's protection,' says French President Emmanuel Macron

Iran attacks on Israel LIVE Updates: US, allies destroyed over 80 drones, missiles from Iran and Yemen, says Pentagon Late Saturday night, Iran launched a barrage of drones and missiles at Israel in response to Israeli attack on Tehran's consulate in Syria on April 1. Newswire Reuters quoted Macron as saying, “We are all worried about the possible escalation of the Middle East conflict.

15.04 / 09:03

security President War country Biden wanted to avoid a regional war. Now he’s got one.

President Biden’s cardinal objective since the outset of the Gaza conflict in October has been to prevent a wider war in the Middle East. On Saturday, he got the escalation he sought to avoid. Iran fired more than 300 drones and missiles, marking the first time that Tehran has directly attacked Israel.

15.04 / 05:01

Twitter Action wellness President Updates How the US helped counter Iran's attack on Israel

American aircraft and planes downed dozens of drones and missiles when Iran launched the attack on Saturday, after Tehran repeatedly threatened to hit back in response to an Israeli strike on its consulate in Damascus that killed two top officers at the beginning of the month. Senior US officials detailed the role Washington played — both militarily and diplomatically — in countering the attack:

15.04 / 03:29

markets Target Research trends Trade Stock market today: 7 stocks to buy or sell on Monday — April 15 amid Iran-Israel crisis

Day trading guide for stock market today: Amid the Iran-Israel war and FII's selling, the Indian stock market witnessed sharp selling on Friday last week. The Nifty 50 index corrected 234 points and ended at the 22,519 level, the BSE Sensex nosedived 793 points and closed at the 74,244 mark, and the Bank Nifty index shed 422 points and finished at the 8,564 level.

15.04 / 03:29

economy President War testing shock Iran attacks Israel: Biden’s big power test

In a dreadful moment for the world, Iran fired hundreds of drones and missiles at Israel on Saturday, although about 99% were claimed to have been intercepted by Israeli and allied forces, with losses kept down by an iron dome to damage of an army base and a child’s injury. Tehran had retaliated against Israel’s strike on its consulate in Syria and its United Nations message was that the “matter can be deemed concluded".

15.04 / 03:29

Target Reuters country evacuation Did Iran warn the US before launching attacks on Israel? Iranian foreign minister says...

missiles attack before 72 hours of its launch, said Turkish, Jordanian and Iraqi officials said on Sunday. “Iran gave neighboring countries and Israel's ally the United States 72 hours' notice it would launch the strikes," said Iranian foreign minister Hossein Amirabdollahian as quoted by Reuters. However, a senior official in the Biden administration stated that Tehran did not warn about the attack and that it was aiming to cause a significant damage.

15.04 / 01:51

Target country information rights Updates Israel warns Iran after attack: 'We will exact the price when...'

Iranian drone and missile attack. In an official statement, Gantz said, “We will build a regional coalition and exact the price from Iran in the fashion and timing that is right for us." Iran on Saturday launched over 300 missiles at Israel in revenge on its embassy in Syria which claimed the lives of its officials including a senior commander of the Iranian Revolutionary Guard Corps' overseas Quds Force. However, Israel claimed that it intercepted ‘nearly all’ missiles launched by Iran.

15.04 / 01:43

security President War country prevention US works to prevent an escalation across the Mideast as Biden pushes Israel to show restraint

United States on Sunday highlighted its role in helping Israel thwart Iran's aerial attack as President Joe Biden convened leaders of the Group of Seven countries in an effort to prevent a wider regional escalation and coordinate a global rebuke of Tehran. The U.S. assisted Israel in shooting down dozens of drones and missiles fired by Iran on Saturday in what was the first time it had launched a direct military assault on Israel. Israeli authorities said 99% of the inbound weapons were shot down without causing any significant damage.

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