Iran Financial News

US Navy ship in the Red Sea on Thursday shot down missiles and drones that had been fired by Iran-backed Huthi rebels in Yemen, possibly at Israel, the Pentagon said. Three «land-attack cruise missiles and several drones» were intercepted by a destroyer, Pentagon spokesman Brigadier General Pat Ryder told reporters.

Iranian woman who died in police custody in Iran last year, sparking worldwide protests against the country’s conservative Islamic theocracy, was awarded the European Union’s top human rights prize on Thursday. The EU award, named for Soviet dissident Andrei Sakharov, was created in 1988 to honor individuals or groups who defend human rights and fundamental freedoms.

Secretary of State Antony Blinken says new U.S. sanctions are “directed at Hamas terrorists and their support network," not at Palestinians

The U.S. has imposed sanctions on a group of people and firms based in Iran, China, Hong Kong and Venezuela, tied to the development of Iran’s ballistic missile and drone programs

As global events and tech advancements shape the crypto world, Bitcoin price stands resilient. Trading at $28,247 with a 0.84% decline on Thursday, its price rose 6% amidst US calls for action against Hamas' crypto use following Israel's strike. 

Suddenly in the aftermath of the Hamas massacre on Oct. 7, we have a presidential election about national security. And that could shuffle the U.S.

By Katya Golubkova

Investing.com-- Oil prices fell in Asian trade on Thursday after a strong run of gains this week as markets awaited more developments in the Israel-Hamas war, while upcoming signals from the Federal Reserve were also in focus. 

CAIRO/JERUSALEM : Within hours after a blast was said to have killed hundreds at a Gaza hospital, protesters hurled stones at Palestinian security forces in the occupied West Bank and at riot police in neighbouring Jordan, venting fury at their leaders for failing to stop the carnage. A significant tragedy unfolded on Tuesday after a devastating strike on a Gaza hospital. Initial death toll estimates exceeded 500.

By Elwely Elwelly and Ahmad Ghaddar

In recent weeks, the Middle East has plunged into its most significant conflict in decades. The catalyst for Israel's military action was a series of brutal Hamas terrorist attacks and rocket fire, primarily affecting civilians.

crisis in the Middle East has been blown up by an explosion at a Gaza hospital that killed hundreds of Palestinian civilians. Amid mutual recriminations over who was responsible, Jordan denounced the “heinous war crime" and cancelled a summit it was due to host in Amman with Mr Biden as well as Palestinian and Egyptian leaders. The president pressed on with the trip nevertheless, visiting Israel only.

Nifty 50 today: The domestic market witnessed significant selling pressure on Wednesday, October 18, which made the benchmarks the Sensex and the Nifty 50 conclude the day in negative territory. This downturn could be attributed to growing concerns about an escalation of the Israel-Hamas conflict. Concerns are growing that the ongoing Israel-Hamas conflict may escalate into a larger regional crisis, potentially involving other nations.

By Brenda Goh and Josh Ye

Major cryptocurrency exchanges and businesses are being lured to a proverbial crypto oasis around the Persian Gulf, according to Binance FZE’s general manager.

Israel-Hamas war's outset, reports indicate that up to 2,778 Palestinians have lost their lives and at least 1,400 Israelis and foreign nationals have been killed in Israel. Although the Palestine issue has long been at the core of regional geopolitics, the recent focus on geoeconomics in the region could face significant challenges in the future.

This incident has sparked condemnation worldwide and led to violent protests in several Muslim nations. Amidst the chaos, blame for the devastating tragedy is being exchanged between Israel and Palestinians.

Qatar has agreed to supply British firm Shell with natural gas for 27 years, the Gulf emirate's state-owned energy company announced on Wednesday. Since Moscow's invasion of Ukraine last year, European countries have scrambled to replace lost deliveries of natural gas from Russia. Qatar will supply 3.5 million tonnes of gas a year under the deal, QatarEnergy said, following two agreements with Shell for a share of the Gulf state's huge North Field gas expansion project. «We are delighted to sign these two long-term LNG sale and purchase agreements with Shell that will further enhance our decades-long relationship and strategic partnership in Qatar and around the world,» Qatari Energy Minister Saad al-Kaabi said. «These agreements reaffirm Qatar's commitment to help meeting Europe's energy demands and bolstering its energy security with a source known for its superior economic and environmental qualities,» he added, In October last year, Shell inked a deal with QatarEnergy for a 9.4 percent stake in Qatar's North Field South project, the second phase in the expansion of the world's largest gas field, which extends under the Gulf into Iranian territory. In July the same year it also agreed to a 6.25 percent share in the first phase of the expansion, North Field East. Deliveries of the liquefied natural gas (LNG) to Rotterdam are expected to begin in 2026. The deal with Shell is equal in length to an agreement with France's TotalEnergies announced earlier this month for a 27-year supply of natural gas. Under its North Field expansion, Qatar is set to raise its output of liquified natural gas (LNG) by 60 percent or more to 126 million tonnes a year by 2027. The main market for Qatari gas has traditionally been

Reuters' report. Israeli Prime Minister Benjamin Netanyahu blamed Palestinian militants for the explosion.

United States authorized non-essential personnel and their families to leave their embassy near Beirut on Tuesday, citing the unpredictable security situation in Lebanon due to the Israel-Hamas war. The State Department also raised its travel advisory for Lebanon from level three, issued in July, to the highest available level four, as it told Americans to avoid the country. «Do not travel to Lebanon due to the unpredictable security situation related to rocket, missile, and artillery exchanges between Israel and Hezbollah or other armed militant factions,» the State Department said in a statement Tuesday. Hamas launched a massive assault against Israel on October 7, shooting, stabbing and burning to death more than 1,400 people, most of them civilians. Reeling from the worst attack in its history, Israel launched a wave of retaliatory air strikes against the Gaza Strip, killing about 3,000 people, mostly civilians. Lebanon-based Hezbollah, which like Hamas is backed by Iran, has since been involved in a series of tit-for-tat incidents along the south Lebanese border with Israel. After a blast ripped through a Gaza hospital on Tuesday, killing hundreds, Hezbollah called for a «day of rage.» Israel and Palestinians have traded blame for the blast, though neither's claim could be independently verified. Following Hezbollah's call, hundreds of demonstrators scuffled Tuesday night with Lebanese security forces outside the US embassy in the Beirut suburb of Awkar, where protesters hurled stones and set a building on fire, according to AFP correspondents. Hundreds also gathered at the French embassy in Beirut, raising Hezbollah flags and also hurling stones which piled up at the embassy's main entrance. Palestinian

By Arathy Somasekhar and Muyu Xu