Iran Financial News
28.10 / 13:47
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Western power is at risk and there could be a World War 3, says JP Morgan CEO Jamie Dimon
Dimon cited nuclear proliferation as the biggest global threat, mentioning that if nations like Iran acquire nuclear capabilities, others will follow, risking major city targets worldwide. He referenced Russia’s actions in Ukraine, highlighting President Putin's nuclear rhetoric as a uniquely dangerous scenario. Also Read: US Elections 2024: One week before polls, betting odds reveal where Trump and Harris stand
28.10 / 12:45
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International
Israel’s strike on Iran also hit Russian arms industry’s once-strong image
Subscribe to enjoy similar stories. Israel’s airstrikes early Saturday didn’t just destroy critical Iranian military infrastructure. They also battered the reputation of Russian military equipment, which has already been pummeled by poor performance during Moscow’s invasion of Ukraine.
28.10 / 09:49
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Israel’s limited missile strike on Iran may be the start of a wider assault
Subscribe to enjoy similar stories. AFTER DECADES of shadow war between the Jewish State and the Islamic Republic, in the early hours of October 26th Israel carried out its first officially acknowledged attack on Iran. Dozens of warplanes flying at least 1,300km from their bases in Israel launched missiles against air-defence facilities and missile factories in three Iranian provinces, including on the outskirts of the capital, Tehran.
28.10 / 08:57
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Iran says it will 'use all available tools' to respond to Israel's attack
Israel's weekend attack on military targets in Iran, Iranian Foreign Ministry spokesperson Esmaeil Baghaei said on Monday. Iran previously played down Israel's air attack on Saturday, saying it caused only limited damage, while U.S. President Joe Biden called for a halt to escalation that has raised fears of an all-out conflagration in the Middle East. Speaking at a weekly televised news conference, Baghaei said: "(Iran) will use all available tools to deliver a definite and effective response to the Zionist regime (Israel)".
28.10 / 03:23
Provident
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International
Brics for India: A trade springboard, not an anti-West wall
Subscribe to enjoy similar stories. The recent Brics summit in Kazan, Russia, has generated its usual share of criticism and praise. Reactions have ranged from disapproval of such a disparate grouping of nations based on the whimsy of a banker to the outright condemnation that such a diverse bunch should harbour any delusions of meaningful utility.
28.10 / 02:21
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Iran's imprisoned Nobel Peace Prize laureate hospitalized with severe health issues
Nobel Peace Prize laureate Narges Mohammadi to be hospitalized after almost nine weeks of feeling sick, a group campaigning for the activist said Sunday. The Free Narges Coalition said in a statement that Mohammadi must be granted a medical furlough to receive comprehensive treatment for multiple conditions. It said that just transferring her to the hospital will not address the severe health issues caused by months of neglect and deprivation. Mohammadi is being held at Iran's notorious Evin Prison, which houses political prisoners and those with Western ties. She already had been serving a 30-month sentence, to which 15 more months were added in January.
28.10 / 02:21
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X suspends Iran supreme leader Khamenei’s new Hebrew account as Iran-Israel tensions escalate following missile strikes
Khamenei on Sunday, hours after it was created. The account, tagged as @Khamenei_Heb, was taken down following a post that read, “The Zionist regime made a mistake. It erred in its calculations on Iran. We will cause it to understand what kind of strength, ability, initiative, and will the Iranian nation has.” A message on X now shows the account as suspended due to “violating X’s rules.”
28.10 / 02:11
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The Middle East drug fueling war, crime and all-night parties
Subscribe to enjoy similar stories. Another urgent conflict in the Middle East is playing out on the border between Syria and Jordan: a war against captagon, an amphetamine-like drug that’s taken off across the region. The drug cuts across social class and borders.
28.10 / 01:57
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Oil slides on Mideast respite, yen down as Japan govt loses majority
Brent crude futures were 4.2% lower and traded as cheaply as $67.80 a barrel after Israel's response to an Iranian missile attack focused, so far, on missile factories and other sites near Tehran and not on disrupting energy supplies. In Japan, the LDP which has ruled for most of the post-war years and junior coalition partner Komeito won 215 lower-house seats at Sunday's election, public broadcaster NHK reported. This falls well short of the 233 needed for a majority and the yen was squeezed since investors figured any government that emerges is likely to make a dovish shift in economic policies.
27.10 / 14:25
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Iran shrugs off Israel strikes, showing restraint: Analysts
Israel's deadly strikes, Iran lauded its defences while media outlets dismissed the assault as «weak», signalling what analysts say is the Islamic republic's reluctance to escalate further. Saturday's Israeli attack on military sites followed an October 1 missile barrage by Iran — its response to the killing of militant leaders it backs and a Revolutionary Guards commander. Iran said the strikes around Tehran and in the provinces of Khuzestan and Ilam killed at least four soldiers and caused «limited damage» to radar systems.
27.10 / 13:31
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Analysis: Iran faces tough choices in deciding how to respond to Israeli strikes
How the Islamic Republic chooses to respond to the unusually public Israeli aerial assault on its homeland could determine whether the region spirals further toward all-out war or holds steady at an already devastating and destabilizing level of violence. In the coldly calculating realm of Middle East geopolitics, a strike of the kind that Israel delivered before dawn Saturday would typically be met with a forceful response.
27.10 / 10:25
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How Biden pushed Israel to limit its Iran attack and still inflict a heavy blow
Subscribe to enjoy similar stories. WASHINGTON—Two weeks before Israeli warplanes struck Iran Saturday morning, President Biden and Israeli Prime Minister Benjamin Netanyahu agreed on the parameters of the attack in a half-hour phone call, their first in almost two months. After mounting worry that Israel might strike Iran’s oil infrastructure or even nuclear installations, the Israeli leader set his sights on military targets—to the relief of American officials.
27.10 / 09:31
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How Israel pulled off its largest-ever strike on Iran
Subscribe to enjoy similar stories. TEL AVIV—Shortly before 2 a.m. on Saturday in Israel, airmen and women wearing bomber jackets bearing the Star of David climbed into the cockpits of about 100 jet fighters, spy planes and refueling aircraft at an Israeli military base.
27.10 / 05:13
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Satellite photos show Israel hit Iran former nuclear weapons test building, missile facilities, researchers say
The assessments based on commercial satellite imagery were reached separately by David Albright, a former U.N. weapons inspector, and Decker Eveleth, an associate research analyst at CNA, a Washington think tank. They told Reuters that Israel struck buildings in Parchin, a massive military complex near Tehran. Israel also hit Khojir, according to Eveleth, a sprawling missile production site near Tehran.
26.10 / 20:45
26.10 / 20:45
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Are Iran's oil, nuclear sites safe from Israel attack?
The Israeli military said its aircraft targeted facilities that Iran used to make the missiles fired at Israel as well as surface-to-air missile sites. Crucially, there was no indication that Iran’s oil or nuclear sites were struck. Iran insisted the strikes caused only «limited damage», and Iranian state-run media downplayed them. Taken together, the moves suggested at least for now that both countries are trying to avoid a more serious escalation.
26.10 / 18:31
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Israel strikes targets across Iran, expanding their conflict
Benjamin Netanyahu's vow to retaliate for a missile barrage three weeks ago that fanned fears of a region-wide war. Iranian media said four army soldiers will killed, but there were no reports of major damage and the Opec member's oil and nuclear facilities — which the US had urged Israel to avoid — appear to have been untouched. Iran didn't immediately vow to respond. Instead, it played down the scale and effectiveness of the attack and suggested its warnings in recent weeks against an aggressive strike had worked to deter Israel. Israel said its fighter jets hit missile-making facilities and that its operation was «completed,» suggesting it planned no more strikes. Numerous explosions were reported around Tehran, the city of Shiraz and the western provinces of Khuzestan and Ilam.
26.10 / 08:31
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Arsenal
What are Iran's missile capabilities?
Ballistic missiles form an important part of Iran's arsenal and were used in its Oct. 1 strike on Israel, an attack that Israel responded to on Saturday with raids on Iranian military sites. Israel warned Iran not to retaliate for Saturday's strikes, the latest salvo in their escalating conflict, while a semi-official Iranian news agency vowed a «proportional reaction». The U.S. Office of the Director of National Intelligence says Iran is armed with the largest number of ballistic missiles in the Middle East. Here are some details:
26.10 / 07:17
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Fighting
Cycling
US urges Iran to 'cease attacks' on Israel to break cycle of fighting
Iran on Saturday to stop attacking Israel to break the cycle of violence after Israel launched strikes against the Islamic republic in retaliation for a missile barrage. «We urge Iran to cease its attacks on Israel so that this cycle of fighting can end without further escalation,» US National Security Council spokesman Sean Savett told reporters. The Israeli military conducted air strikes against Iran on Saturday, hitting military bases and missile sites, and other systems in several regions.
26.10 / 05:05
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Gold firms as Mideast woes, election uncertainty lift prices
Gold prices edged up on Friday after recovering from a profit-taking bout as Middle East tensions and U.S. election jitters supported prices, while palladium prices extended gains to 10-month highs. Spot gold was up 0.2% at $2,741.50 per ounce by 01:44 p.m. ET (1744 GMT). Prices hit a record $2,758.37 on Wednesday and logged a third straight weekly gain.
26.10 / 01:23
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Israel launches airstrikes on Iran after October missile attack: Explosions reported in Tehran
Israeli Defense Forces (IDF). “The regime in Iran and its proxies in the region have been relentlessly attacking Israel since Oct. 7 – on seven fronts – including direct attacks from Iranian soil,” the IDF stated, further emphasizing that Israel reserves “the right and the duty to respond” to protect its sovereignty and people.
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