Iran Financial News

Pakistan Prime Minister Shehbaz Sharif on Wednesday urged SCO member states to strengthen the organisation's framework for tackling multiple regional challenges and forging close cooperation. Sharif's remarks came as he addressed the opening session of the 23rd meeting of the Council of the Heads of Government (CHG) of the Member States of the Shanghai Cooperation Organisation (SCO). «From the esteemed platform of the Shanghai Cooperation Organisation, a beacon of multilateralism, I stand in the belief that we possess not only the potential but the will to forge a future that is more prosperous and secure for our people — a future inclusive and reflective of shared aspirations of all member states,» he said. Prime Minister Shehbaz highlighted: «We are at a historic moment of transition where sweeping transformations are reshaping the global, social, political, economic, and security landscape.»

Subscribe to enjoy similar stories. The Cold War’s end promised relief from nuclear nightmares. Long-adversarial governments agreed to eliminate warheads and collaborated to stop the spread of atomic weapons.

Israel may expand its ground operations against Hezbollah while bolstering its own defences, its troops have cleared landmines and established new barriers on the frontier between the Israeli-occupied Golan Heights and a demilitarised strip bordering Syria, security sources and analysts said. The move suggests Israel may seek to strike Hezbollah for the first time from further east along Lebanon's border, at the same time creating a secure area from which it can freely reconnoitre the armed group and prevent infiltration, the sources said. While demining activity has been reported, sources who spoke to Reuters — including a Syrian soldier stationed in south Syria, a Lebanese security official and a U.N. peacekeeping official — revealed additional unreported details that showed Israel was moving the fence separating the DMZ towards the Syrian side and digging more fortifications in the area.

oil marketing companies (OMCs) Hindustan Petroleum (HPCL), Bharat Petroleum (BPCL), and Indian Oil Corporation (IOC) on Tuesday jumped up to 5% on the BSE as Brent crude prices fell to $75 per barrel, falling 3% today. Shares of HPCL gained 5% to their day’s high of Rs 426.30 while BPCL shares went up 3.3% to Rs 351.45. Meanwhile, the shares of IOC jumped 2.5% to Rs 169.60.

The BSE Sensex was trading 237 points, or 0.29%, higher at 82,210. The Nifty50 was up 65 points, or 0.26%, trading at 25,193 around 9:20 am.

Republican Donald Trump and said that Washington would view any attempt on his life as an act of war, a U.S. official said on Monday. The official, speaking on condition of anonymity, said U.S. President Joe Biden has been briefed regularly on the threats and directed his team to address Iranian plots against Americans. At Biden's direction, top U.S. officials have sent messages to the highest levels of the Iranian government warning Tehran to cease all plotting against Trump and former U.S. officials, the official said.

AI chips from Nvidia and other American companies on a country-specific basis, Bloomberg News reported on Monday, citing people familiar with the matter. The United States is focused on Persian Gulf countries, the report said, adding that this new approach would set a ceiling on export licenses for some countries in the interest of national security. The idea has gained traction in recent weeks and deliberations are in early stages and remain fluid, according to Bloomberg.

Subscribe to enjoy similar stories. The Organization of the Petroleum Exporting Countries further trimmed its forecast for oil-demand growth, as it prepares to bring some barrels back into the market despite weaker global prices. The Vienna-based cartel now expects demand to grow by 1.93 million barrels a day this year and 1.64 million barrels a day in 2025, from 2.03 million and 1.74 million barrels a day previously.

Iran said Monday it currently sees «no grounds» for its indirect talks with the United States via intermediary Oman, citing the crisis in the Middle East. In June, Tehran said it had engaged in indirect talks with Washington via Muscat, despite the two countries having no diplomatic relations. US news website Axios reported at the time that officials from Iran and the United States held indirect talks in Oman «on how to avoid escalating regional attacks».

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sentenced in Michigan in the fall of 2021 for using shell companies to illegally export sensitive manufacturing equipment to Iran, where they were born.They then returned to Ontario, where they had lived prior to their arrests, and applied to change their names to Ameen and Aurash Cohen. The province granted their requests in April 2022.At the time they altered their identities, they were still serving out part of their sentences — a one-year period of supervised release, a form of parole, government records show.Using his new name, Arash Yousefijam, 36, became a registered dentist and went to work in Ottawa as Dr.

Subscribe to enjoy similar stories. Major paint stocks dropped an average of 6% in the past week as crude oil prices spiked on fears of a full-blown war between Israel and oil-producing Iran. Analysts have characterised this fall as a “knee-jerk reaction".

Connor Sephton is a journalist based in London, who also works for Sky News and the BBC as a radio newsreader and online reporter. He has covered crypto since 2018 — reporting from major conferences...

Subscribe to enjoy similar stories. LONDON—The Kremlin’s spy services are on a “sustained mission to generate mayhem" on Europe’s streets, the head of the U.K. domestic spy agency warned Tuesday, saying that the number of investigations into state-orchestrated threats his agency is handling has jumped by nearly half in the past year.

oil supply shock that may result from the potential widening of the conflict in the Middle East, Oil Minister Hardeep Singh Puri said on Tuesday. International oil prices have flared to near USD 79 per barrel from about USD 70 per barrel in just over a week's time, as the market waited to see if Israel would retaliate against Iran for the October 1 missile attack.

Hezbollah's deputy leader said in comments broadcast on Tuesday that the group backs efforts to reach a ceasefire in Lebanon, and for the first time omitted any mention of a Gaza truce deal as a pre-condition to halting the group's attacks on Israel.

Subscribe to enjoy similar stories. There are good reasons for Israel not to hit Iran’s nuclear programme in its coming retaliation against the Islamic Republic. Yet the logic for a preemptive strike has never been as compelling, precisely because Tehran’s case for building a nuclear arsenal has also never been as strong.

US Geological Survey. The quake was felt as far as Tehran, approximately 110 kilometers from the epicenter, at around 10:45 PM local time.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Cryptocurrency markets fell sharply on Thursday as geopolitical tensions intensified after Iran launched missile strikes on Israel. Bitcoin dropped below $60,500, while major altcoins such as Ethereum, Solana, XRP, and Dogecoin saw declines ranging from 5-15%. As of 2:49 pm IST, Bitcoin slipped 1.8% to $60,492, while Ethereum plunged 5.4% to $2,339. The global cryptocurrency market cap fell by 3.7% to approximately $2.09 trillion in the past 24 hours.