Iran Financial News

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Donald Trump spoke on the phone with Israeli Prime Minister Benjamin Netanyahu on Wednesday and discussed the Gaza ceasefire and hostage release deal, Axios reported, citing two U.S. sources. One source told Axios Trump's call was intended to encourage Netanyahu to take the deal, but stressed he did not know if this is indeed what the former president told Netanyahu. The Trump campaign did not immediately respond to a request for comment. Late last month, Netanyahu visited the U.S. and met President Joe Biden, Vice President and Democratic presidential candidate Kamala Harris and Republican former President Trump.

Among the myriad problems Justin Trudeau is confronting, two have an immediacy that must be especially troubling. One is political, the other economic.

A Liberian-flagged oil tanker in the Red Sea has been targeted in a third attack by suspected Yemeni rebels in their campaign of assaults over the Israel-Hamas war

Three news outlets were recently leaked confidential material from inside the Trump campaign, but have chosen not to reveal any of the details about what they received

assassination of Hamas leader Ismail Haniyeh on its soil, three senior Iranian officials said. Iran has vowed a severe response to Haniyeh's killing, which took place as he visited Tehran late last month and which it blamed on Israel. Israel has neither confirmed or denied its involvement. The U.S. Navy has deployed warships and a submarine to the Middle East to bolster Israeli defenses. One of the sources, a senior Iranian security official, said Iran, along with allies such as Hezbollah, would launch a direct attack if the Gaza talks fail or it perceives Israel is dragging out negotiations. The sources did not say how long Iran would allow for talks to progress before responding.

geopolitical risks as the war in Gaza drags on, and kept the rating outlook negative, meaning a further downgrade is possible. The ratings agency expects the Israeli government to permanently increase military spending by close to 1.5% of GDP versus pre-war levels, putting upward pressure on the country's budget deficit and debt levels. «In our view, the conflict in Gaza could last well into 2025 and there are risks of it broadening to other fronts,» the ratings agency said in a statement.

Israel, which possibly can take place this week, said White House National Security Communications Advisor John Kirby on Monday (local time) amid the ongoing tensions in the Middle East. This comes after President Joe Biden held talks with the leaders of the United Kingdom, France, Germany, and Italy as the US aims to de-escalate tensions in the Middle East. «We share the same concerns and expectations that our Israeli counterparts have with respect to potential timing here. Could be this week,» Kirby told reporters, according to The Times of Israel.

Iran is preparing to supply Russia with hundreds of ballistic missiles. State Department deputy spokesperson Vedant Patel emphasised on Monday that if this transfer occurs, it would mark a significant escalation. On Friday, Reuters reported that dozens of Russian military personnel are being trained in Iran to use the Fath-360 close-range ballistic missile system, according to two European intelligence sources. They added that they expected the imminent delivery of hundreds of the satellite-guided weapons to Russia for its war in Ukraine. According to the report, Russian defence ministry representatives are believed to have signed a contract on Dec. 13 in Tehran with Iranian officials for the Fath-360 and another ballistic missile system built by Iran's government-owned Aerospace Industries Organization (AIO) called the Ababil.

Air transport is the only one direct option, but is useful only for expensive or perishable goods. The bulk of goods are delivered via Suez and Black Sea ports (Novorossiysk or others). As a result, the cargo travels triple the distance and several overloads along the route. High transport and logistics costs hinder the competitiveness of goods and the volume of mutual trade. Until now, the volume of mutual trade between India, Russia and Central Asia has been not so large (for example, $3.2 billion between India and five Central Asian countries in 2022). The obstacle is over huge delivery distances through the ports of the Black Sea or the Far East (7-10 thousand km).

living Nostradamus,' had accurately predicted the recent Microsoft outage months in advance. Salomé, known for his precise insights, including foreseeing the coronavirus pandemic and Elon Musk's acquisition of Twitter, now warns that this technological disruption could be the precursor to more severe global tensions.

On Friday, gold and silver settled on a mixed note in the domestic and international markets. Gold October futures contract settled at Rs 69,895 per 10 grams with a gain of 0.27% while silver September futures contract settled at Rs 80,543 per kilogram with a loss of 0.09%.

Key for the Federal Reserve will be U.S. consumer prices on Wednesday where economists look for rises of 0.2% in both the headline and core, with the annual core slowing a tick to 3.2%.

Hamas on Sunday called on US, Qatari and Egyptian mediators to implement a ceasefire plan for Gaza put forward by US President Joe Biden, instead of holding «more negotiations». Hamas «demands that the mediators present a plan to implement what they proposed to the movement… based on Biden's vision and the UN Security Council resolution, and compel the occupation (Israel) to comply, rather than going through more negotiation rounds or new proposals,» the Palestinian group said in a statement. Mediators have invited both Israel and Hamas for a round of negotiations on Thursday.

The drills, which started on Friday, are ongoing in the western province of Kermanshah close to the border with Iraq to «enhance combat readiness and vigilance,» an armed forces official told IRNA. The drills are taking place as Iran has vowed to retaliate against Israel after the killing of Hamas chief Ismail Haniyeh's on July 31 in Tehran.

Authorities say four suspected attacks by Yemen’s Houthi rebels targeted a ship in the strategic Bab el-Mandeb Strait linking the Gulf of Aden to the Red Sea

Gaza's civil defence agency said Saturday at least 90 people were killed in an Israeli strike on a school housing displaced people in the besieged Palestinian territory. The agency said three Israeli rockets hit the school in Gaza City, describing the incident as a «horrific massacre», with some bodies catching fire. Israel's army said Saturday it had «precisely struck Hamas terrorists operating within a Hamas command and control center embedded in the Al-Taba'een school».

On a subdued day for major cryptos, as investors took a breather following Thursday’s staggering rally, investors instead turned to on-chain shitcoin markets on the hunt for top crypto gainers today.

Biden administration has decided to lift a ban on U.S. sales of offensive weapons to Saudi Arabia, the State Department said on Friday, reversing a three-year-old policy to pressure the kingdom to wind down the Yemen war. The State Department was lifting its suspension on certain transfers of air-to-ground munitions to Saudi Arabia, a senior department official confirmed. «We will consider new transfers on a typical case-by-case basis consistent with the Conventional Arms Transfer Policy,» the official said. Reuters was first to report the decision earlier, citing five sources.

Iran to use the Fath-360 close-range ballistic missile system, two European intelligence sources told Reuters, adding that they expected the imminent delivery of hundreds of the satellite-guided weapons to Russia for its war in Ukraine. Russian defence ministry representatives are believed to have signed a contract on Dec. 13 in Tehran with Iranian officials for the Fath-360 and another ballistic missile system built by Iran's government-owned Aerospace Industries Organization (AIO) called the Ababil, said the two intelligence officials, who requested anonymity in order to discuss sensitive matters. Citing multiple confidential intelligence sources, the officials said that Russian personnel have visited Iran to learn how to operate the Fath-360 defence system, which launches missiles with a maximum range of 120 km (75 miles) and a warhead of 150 kg. One of the sources said that that «the only next possible» step after training would be actual delivery of the missiles to Russia.

Iran is undertaking research activities that have put it in a better position to launch a nuclear-weapons program, though it has yet to do so, according to a new assessment by U.S. intelligence agencies. The shift in Washington’s view of Iran’s nuclear efforts comes at a critical time, with Iran having produced enough highly-enriched nuclear fuel for a few nuclear weapons.