Iran Financial News

Iran issued a stinging public ultimatum to its arch-enemy Israel: Halt your onslaught on Gaza or we'll be forced to take action, its foreign minister warned. Only hours later, the country's U.N. mission softened the hawkish tone, assuring the world that its armed forces wouldn't intervene in the conflict unless Israel attacked Iranian interests or citizens. Iran, a longtime backer of Gaza's rulers Hamas, finds itself in a quandary as it tries to manage the spiralling crisis, according to nine Iranian officials with direct knowledge of the thinking within the clerical establishment. Standing on the sidelines in the face of an all-out Israeli invasion of Gaza would significantly set back an Iranian strategy for regional ascendancy pursued for over four decades, according to the people, who asked to remain anonymous due to the sensitivity of the discussions in Tehran. Yet any major attack against a U.S.-backed Israel could exact a heavy toll on Iran and trigger public anger against the clerical rulers in a nation already mired in an economic crisis, said the officials who outlined the various military, diplomatic and domestic priorities being weighed by the establishment. Three security officials said a consensus had been reached among Iran's top decision makers, for now: Give their blessing for limited cross-border raids by its Lebanese proxy group Hezbollah on Israeli military targets, over 200 km away from Gaza, as well as low-level attacks on U.S.

Israeli strikes on Sunday put out of service war-torn Syria's two main airports, state media reported citing a military source, with the transport ministry saying flights were re-routed to Latakia. While Israeli strikes have repeatedly caused the grounding of flights at the government-controlled airports in the capital Damascus and the northern city of Aleppo, it is the second time simultaneous strikes have hit the facilities since this month's conflict between Israel and Hamas began. «At around 5:25 am (0225 GMT), the Israeli enemy carried out… an air attack… targeting Damascus and Aleppo international airports, leading to the death of a civilian worker at Damascus airport and wounding another,» the military source said in the statement carried by state news agency SANA. «Material damage to the airports' runways put them out of service,» the statement added.

Middle East, which has created significant uncertainty in financial markets. The week began with a slight dip in COMEX gold prices, but a remarkable one-sided rally ensued.

By Michelle Nichols

The draft text, seen by Reuters, calls for the protection of civilians — including those who are trying to get to safety — notes that states must comply with international law when responding to «terrorist attacks», and urges the «continuous, sufficient and unhindered» delivery of aid to the Gaza Strip. It was not immediately clear if or when the United States planned to put the draft resolution to a vote. To pass, a resolution needs at least nine votes in favor and no vetoes by Russia, China, the United States, France or Britain.

Israel said its aircraft struck Hezbollah targets in Lebanon on Saturday and that one of its soldiers was hit by an anti-tank missile, in cross-border fighting that the Iran-backed group said killed six of its fighters. With the frontier region seeing its worst violence in years as Israel wages war against Gaza's Hamas militants, the Israeli military said it traded fire with Hezbollah in at least four different areas along the Lebanese border. The hostilities have forced residents on both sides to flee their homes. Israel's military says seven soldiers have been killed since Oct.

Defense Forces are known to be one of the most equipped militaries across the globe. Its annual budget exceeds $20 billion and Israel also has access to America’s high-tech equipment. Moreover, the cyber capabilities of Israel’s military is also commendable. It is to note that the military arm of Hamas has decreased dependency on guerrilla-warfare style strategy including rockets, snipers and explosive devices, as per Axios report.

Reuters, called for the protection of civilians including those who are trying to get to safety, notes that states must comply with international law when responding to "terrorist attacks", and urges the "continuous, sufficient and unhindered" delivery of aid to the Gaza Strip, Reuters reported. However, it was not immediately clear if or when the United States planned to put the draft resolution to a vote.

Israel-Hamas War: ‘We’re here for you', Justin Trudeau assures support to Palestinian, Arab, Black Muslims 3. Qatar, which was key to the release of two US citizens abducted by Hamas, is optimistic that talks with the group will “very soon" result in the release of all civilian hostages 4. As many as 100,000 people marched through central London to demand a cease-fire in Israel’s war with Hamas and in support of the Palestinian cause.

Read all the latest updates on Cyclone Tej at Mint's LIVE blogIn 2022, no tropical storm was formed over the Arabian Sea during the post-monsoon season, while the Bay of Bengal witnessed two tropical storms -- Sitrang and Mandous.Cyclones in the Arabian Sea have a history of uncertain tracks and timelines, according to Skymet Weather.Once the cyclones are over the central parts of the Arabian Sea, their preferred track is towards Somalia, the Gulf of Aden, Yemen, and Oman. However, on a few occasions, these cyclones take a detour and head towards the Gujarat and Pakistan coastline, Skymet said.Cyclone Tej will be followed by the Iran-named Cyclone Hamoon – whenever it may occur.

Hezbollah vowed that Israel will pay a high price whenever it starts a ground offensive in the Gaza Strip and said on Saturday that his militant group based in Lebanon already is «in the heart of the battle». The comments by Hezbollah's deputy leader, Sheikh Naim Kassem, came as Israel shelled and made drone strikes in southern Lebanon and Hezbollah fired rockets and missiles toward Israel.

₹7,357 per bbl, having swung between ₹7,317 and ₹7,474 per bbl during the session so far, against a previous close of ₹7,330 per barrel. Also Read: Indian crude basket to average $87/bbl, OMCs to bear the brunt as oil surges 6% over Israel-Hamas war -Supporting oil prices were wide forecasts of a tightening market in the fourth quarter after top producers Saudi Arabia and Russia extended supply cuts of around 1.3 million barrels per day (bpd) till the end of the year.

NDTV reported. "It is quite possible that Hezbollah which is much more militarily capable and supported by Iran could get directly involved in the fighting," he told NDTV. Also Read: Israel-Hamas War LIVE Updates Bremmer said that the ongoing conflict between Israel and Gaza is at risk of further deterioration as additional fronts open up.

Florida lawmakers will return for a special session to impose additional sanctions against Iran, express support for Israel and provide additional security to protect Jewish institutions in Florida

Israel-Hamas war. Armed factions close to Iran have threatened to attack US interests in Iraq over Washington's support for Israel since Hamas militants killed more than 1,400 people in a shock cross-border attack from Gaza on October 7. Israel's retaliatory bombardment of Gaza has killed more than 4,100 people, according to its Hamas-controlled health ministry. «We can confirm a rocket attack on US and coalition forces at the Baghdad diplomatic support centre, near the Baghdad international airport, occurred Friday at approximately 2:50 am» (2350 GMT Thursday), a Pentagon official said. «Initial assessments indicate two rockets were fired. One was intercepted by acounter-rocket system and the other impacted an empty storage facility.

FTX cryptocurrency empire, another reckoning for digital currencies is underway: Governments around the world are intensifying their crackdown on sources of funding for terrorist groups — including crypto — after Hamas’s bloody attack in Israel that claimed more than 1,400 lives and led to retaliatory attacks that have killed thousands. Crypto is a small but deadly slice of overall terrorism funding: Research by analytics firm Elliptic in 2021 estimated that wallets linked to Hamas’ military wing had received more than $7.3 million in crypto, including around $40,000 in Dogecoin, the dog-themed memecoin favored by Elon Musk. These sums aren’t much compared with the $100 million that Iran sends annually to Hamas and other Palestinian terror groups or with Qatar’s $360 million in aid for Gaza, or the approximately $300 million Hamas gets via business taxation and extortion estimated by the Washington Institute’s Matthew Levitt.

crown prince and president of the United Arab Emirates met on Friday, state media reported, as the two Gulf states worked to overcome their differences amid a conflict between Israel and Hamas that threatens to engulf the Middle East. Saudi state news agency SPA showed footage of Crown Prince Mohammed bin Salman, the kingdom's de facto ruler, receiving UAE President Mohammed bin Zayed Al Nahyan at Riyadh's airport. Public meetings between the crown prince and Sheikh Mohammed have been rare in recent years as the close allies competed for investment and regional influence.

Hamas’s attack on Israel should be a wake-up call to U.S. intelligence services. That a terrorist attack of this magnitude—with seismic implications for global security—came as a surprise to many in Washington shows that we need to reassess our own operations sharply to ensure that America has a comprehensive threat picture that can provide early warnings and prevent national-security tragedies.

Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and raise prices

Asian shares plumbed a fresh 11-month trough on Friday as fears of a regional conflict in the Middle East intensified and as a relentless rise in long-term U.S. yields pressured valuations, while supply concerns lifted oil prices further. The surge in the 10-year U.S.

U.S. State Department on Thursday issued a worldwide security alert for Americans overseas amid the Israel-Hamas conflict, citing increased tensions in various locations around the world and the potential for extremist attacks and violence against Americans. The alert did not single out any specific global event but comes amid a conflict in the Middle East after Palestinian Islamist group Hamas attacked Israel on Oct.