Iran Financial News

Donald Trump will inherit a raft of national security challenges, including major wars in Ukraine and the Middle East.

Subscribe to enjoy similar stories. TEL AVIV—Israeli Prime Minister Benjamin Netanyahu and his allies celebrated Donald Trump’s win, assuming the former president’s return to the White House will bring it with the kind of support for Netanyahu’s policies that characterized Trump’s first term in office. But this time around, things are different.

Joe Biden might become eventually less complicated following the US Presidential election while he will no longer actually need to consider the impact of his actions on Democratic Presidential candidate Kamala Harris’s potential presidential campaign, reported Yahoo Finance. The lame-duck session which actually occurs from the day of election until the new US President takes office in the month of January often allows the outgoing administration to pursue some controversial policies without having the fear of political repercussions.

Donald Trump's next presidency will bring: Some foresee an all-out war between Tehran and Washington, particularly as other conflicts rage in the region. Others hold out hope that America's 47th president might engage in unexpected diplomacy as he did with North Korea. But nearly all believe something will change in the US-Iran relationship.

Subscribe to enjoy similar stories. The US presidential election [that delivered America’s White House to Donald Trump] produced social, regional, cultural and ideological cacophony, which was somehow channelled into a binary choice (unless you ducked the contest by voting for a third party). But I couldn’t help thinking about a woman who wasn’t on any ballot and who couldn’t vote in this election—a woman whose very existence is in jeopardy because politics went badly askew and took her dignity and freedom with it.

Oil prices edged up on Thursday following a sell-off triggered by the U.S. presidential election, as risks to oil supply from a Trump presidency and a hurricane building in the Gulf Coast outweighed a stronger U.S. dollar and higher inventories. Brent crude oil futures rose 26 cents, or 0.35%, to $75.18 per barrel by 0125 GMT. U.S. West Texas Intermediate (WTI) crude gained 16 cents or 0.22% to $71.85.

Subscribe to enjoy similar stories. At Ojas Art, New Delhi, an Untitled work by Bristol-based artist Jethro Buck catches the eye. Through one canvas, he has brought the past and present of miniature painting together.

Iranian authorities detained a young woman who was seen walking around a university in Tehran in her underwear, and while little is known about her whereabouts or condition, Amnesty International is demanding she “immediately and unconditionally” be released from custody.

The Soyuz-2.1 launch spacecraft, which lifted off from Russia's Vostochny Cosmodrome, carried two Ionosfera-M satellites, which will become part of the space system for monitoring the Earth's ionosphere, the agency said. The ionosphere, where Earth's atmosphere meets space, stretches roughly 50 to 400 miles (80 to 644 km) above Earth's surface, according to information provided on NASA's website.

Iranian-American journalist who once worked for a U.S. government-funded broadcaster is believed to have been detained by Iran for months now, authorities said Sunday, further raising the stakes as Tehran threatens to retaliate over an Israeli attack on the country. The imprisonment of Reza Valizadeh, acknowledged to The Associated Press by the U.S. State Department, came as Iran marked the 45th anniversary of the American Embassy takeover and hostage crisis on Sunday. It also followed Iran's Supreme Leader Ayatollah Ali Khamenei threatening both Israel and the U.S. the day before with «a crushing response» as long-range B-52 bombers reached the Middle East in an attempt to deter Tehran. Valizadeh had worked for Radio Farda, an outlet under Radio Free Europe/Radio Liberty that's overseen by the U.S. Agency for Global Media. In February, he wrote on the social platform X that his family members had been detained in an effort to see him return to Iran.

Islamic dress code. The incident, captured on video, shows security guards detaining the woman at Islamic Azad University. University spokesperson Amir Mahjob stated on X that “at the police station, it was found that she was under severe mental pressure and had a mental disorder.” The video has circulated widely on social media, with some users suggesting the woman’s actions were a deliberate protest. Lei La, a user on X, commented, “For most women, being in public in their underwear is one of their worst nightmares. This is a reaction to the authorities’ stubborn insistence on the mandatory hijab.”

DUBAI, United Arab Emirates (AP) — Iran’s supreme leader on Saturday threatened Israel and the U.S. with “a crushing response” over attacks on Iran and its allies.

Subscribe to enjoy similar stories. In an essay titled, A Persian Tale of Good and Evil, which opens the anthology Woman Life Freedom, graphic artist Marjane Satrapi and scholar Abbas Milani invoke writer James Joyce’s famous saying: “History is a nightmare from which I am trying to awake." What follows is a roll call of renowned women from Iranian history, starting with legends like Anahita, a divine source of light and reason, to Tahmineh, mother of Sohrab in Ferdowsi’s Shahnameh, to Ghamar, who mesmerised audiences in the 1920s with her Edith Piaf-like voice, to 22-year-old Mahsa Amini, who was killed by the Islamic Revolutionary Guard Corps (IRGC) for inappropriately wearing her veil in 2022.

Iran's leadership and allies are bracing for what they would regard as a dreadful outcome of the imminent U.S. presidential election: A return to power of Donald Trump. Opinion polls suggest the Republican Trump and Democratic Vice President Kamala Harris remain locked in a close contest. But Iranian leaders and their regional allies in Lebanon, Iraq, and Yemen are concerned that Trump could well triumph on Nov. 5 and this could spell more trouble for them. Iran's main concern is the potential for Trump to empower Israeli Prime Minister Benjamin Netanyahu to strike Iran's nuclear sites, conduct targeted assassinations and reimpose his «maximum pressure policy» through heightened sanctions on their oil industry, according to Iranian, Arab and Western officials. They anticipate that Trump, who was president in 2017-21, will exert utmost pressure on Iranian Supreme Leader Ayatollah Ali Khamenei to cave in by accepting a nuclear containment deal on terms set by himself and Israel.

Israel and the U.S. with «a crushing response» over attacks on Iran and its allies. Ayatollah Ali Khamenei spoke as Iranian officials are increasingly threatening to launch yet another strike against Israel after its Oct. 26 attack on the Islamic Republic that targeted military bases and other locations and killed at least five people. Any further attacks from either side could engulf the wider Middle East, already teetering over the Israel-Hamas war in the Gaza Strip and Israel's ground invasion of Lebanon, into a wider regional conflict just ahead of the U.S. presidential election this Tuesday.

«We assess that Indian state-sponsored cyber threat actors likely conduct cyber threat activity against Government of Canada networks for the purpose of espionage,» the report said. The development comes as the bilateral relationship has gone south since Prime Minister Justin Trudeau said a year ago that Canada had credible evidence that agents of the Indian government were involved in the murder of Canadian Sikh activist Hardeep Singh Nijjar in British Columbia in June 2023, a charge dismissed as absurd by India.

Israel's new "Iron Beam" laser defence system is expected to be operational within a year, significantly enhancing the country's ability to counter aerial threats. The Israeli defence ministry recently announced a $500 million investment in contracts with Rafael Advanced Defence Systems and Elbit Systems to boost production of this cutting-edge technology.

United Nations, Nov 02, 2024 -Yemen's Huthi rebels are transforming themselves into a «powerful military organization» due to «unprecedented» military support from outside sources, particularly Iran and Hezbollah, according to a UN report published Friday. Since the beginning of the war in Gaza last year, the Huthis, who have controlled large swaths of war-torn Yemen for a decade, have «exploited the regional situation and enhanced cooperation with the 'axis of resistance,'» which includes Iran, Hamas and Hezbollah, the UN experts said. The panel noted «the transformation of the Huthis from a localized armed group with limited capabilities to a powerful military organization, extending their operational capabilities well beyond the territories under their control.»

Kamal Kharrazi, an adviser to Iran's supreme leader, said on Friday that Tehran is likely to increase the range of its ballistic missiles and possibly review its nuclear doctrine, amid growing tensions with arch-enemy Israel and tit-for-tat missile and airstrikes. Asked by Lebanon-based pro-Iran broadcaster Al-Mayadeen whether Iran was ready if conflict were to expand after the recent strikes, Kharrazi said Iran was likely to up the range of its ballistic missiles beyond a self-imposed limit of 2,000 km (1,250 miles). He said that although Iran has the technical capability to produce nuclear weapons, it is currently held back by a fatwa, or religious decree, issued in the early 2000s by Supreme Leader Ayatollah Ali Khamenei.

Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition

They said the effort was communicated by U.S. envoy Amos Hochstein to Lebanese caretaker Prime Minister Najib Mikati this week, as the U.S. stepped up diplomatic efforts for a ceasefire between Israel and Iran-backed militant group Hezbollah. Mikati's office in a statement to Reuters denied the U.S. had asked Lebanon to declare a unilateral ceasefire. It said the government's stance was clear on seeking a ceasefire from both sides, and the implementation of U.N. Security Council Resolution 1701, which ended the last round of conflict between the two foes in 2006.