Iran Financial News

Immigration officials have launched deportation proceedings against five more suspected members of the Iranian regime found in Canada, according to newly released figures.

President Biden says Donald Trump is a lawbreaker, but his Administration is hardly any better. A case in point is its failure to file a report to Congress required by law on the status of Iran’s nuclear weapons program. Sen.

Comments suggesting that Iran's reformist presidential candidate could increase government-set gasoline prices have raised fears of a repeat of nationwide protests

Modarres military base and the Khojir missile production complex near Tehran, as reported by Reuters. Key Sites and Developments The imagery from Planet Labs shows structures surrounded by large dirt berms, which are typical for missile production to prevent explosions from spreading. Jeffrey Lewis from the Middlebury Institute of International Studies at Monterey noted that construction at Khojir began in August last year, while Modarres' expansion started in October.

Turkmenistan and Iran have signed a contract for the delivery of 10 billion cubic meters a year of Turkmen gas that Iran will then ship to Iraq

Turkmenistan and Iran on Wednesday signed a contract for the delivery of 10 billion cubic meters a year of Turkmen gas that Iran will then ship on to Iraq. The deal was announced by Turkmenistan's foreign ministry, which did not state the monetary worth of the contract. The ministry's statement said Iranian companies will construct a new 125-kilometer (77-mile) pipeline to Iran to expand Turkmenistan's delivery capacity. The ministry said Turkmenistan plans to increase its gas supplies to Iran to 40 billion cubic meters a year.

Iranians turned out in higher numbers than in previous votes to elect a reformist president who ran on a platform of re-engaging with the West and loosening the country’s strict moral codes for women. The country’s liberal voters, confronted with a stark choice between a cautious reformer and a tough hard-liner, shook off some of the disillusionment that had led to very low turnout in the initial presidential vote a week ago and turned out to the polls for a runoff that put the first reform candidate in office in two decades.

India has successfully test-fired its first indigenous anti-radiation missile, the Rudram-1, developed by the Defence Research and Development Organisation (DRDO) for the Indian Air Force (IAF). This significant achievement underscores India's progress in developing advanced defense technologies crucial for modern warfare.

Iran's Chabahar Port not only holds «great value» to landlocked Central Asian states but also «de-risks» commerce between India and Eurasia, Prime Minister Narendra Modi said on Thursday. External Affairs Minister S Jaishankar, who is in Astana to attend the SCO Summit, delivered Modi's remarks at the extended format meeting of the Shanghai Cooperation Organisation (SCO) Council of Heads of State here in the Kazakh capital. He also said, «While standing resolute on challenges, it is equally important to actively and collaboratively explore avenues of progress. The current global debate is focused on creating new connectivity linkages that would better serve a rebalanced world.» «If this is to gather serious momentum, it requires the joint efforts of many. It must also be respectful of the sovereignty and territorial integrity of states and be built on the foundation of non-discriminatory trade and transit rights to neighbours.»

Iranian model deployed in Ukraine, European officials familiar with the matter said, a sign that Beijing may be edging closer to providing the sort of lethal aid that western officials have warned against. The companies held talks in 2023 about collaborating to replicate Iran’s Shahed drone, and started developing and testing a version this year in preparation for shipment to Russia, said the officials, who asked not to be identified to discuss private information. The Chinese drones have yet to be used in Ukraine, they said. Providing Russia a Shahed-like attack drone would mark a deepening of Beijing’s support for Russia despite repeated warnings from the US and its allies. President Xi Jinping has sought to portray China as neutral in the conflict in Ukraine even as western officials say it’s provided components and other support for President Vladimir Putin’s forces.

presidential vote on Friday, an Iranian source told Reuters. «The vote counting has ended and the rival candidates have been informed about the result. Pezeshkian is around three million votes ahead of his hardline rival Saeed Jalili,» said the source, who asked not to be named. Earlier, the interior ministry said that Pezeshkian was leading the race in early results, adding that the initial reports showed turnout was around 50%, higher than the first round.

Gavin Newsom’s yacht may be coming in after President Biden foundered last week in his debate with Donald Trump. Some Democrats are calling to replace the incumbent, and betting markets put Mr. Newsom as the favorite alternative.

Hamster Kombat, the popular Telegram-based clicker game associated with an upcoming crypto token launch, has faced scrutiny due to its excessive use of social pressure tactics.

The winner of Iran’s presidential election will inherit domestic discord and an economy battered by sanctions, but also a strength: Tehran has more sway on the international stage than in decades. Iran, under Supreme Leader Ali Khamenei’s leadership, thwarted decades of U.S. pressure and emerged from years of isolation largely by aligning itself with Russia and China, giving up on integration with the West and throwing in its lot with two major powers just as they amped up confrontation with Washington.

Iran’s presidential election on June 28th, Ayatollah Ali Khamenei, the country’s supreme leader, said that any vote was a vote for his Islamic Republic. By that test the poll raises deep questions about the decaying regime’s legitimacy. Some 60% of the country’s 61m-strong electorate have withheld their vote, resulting in the lowest turnout on record.

Ebrahim Raisi, an official said Saturday, after an initial vote saw the top candidates not secure an outright win. The election this coming Friday will pit reformist candidate Masoud Pezeshkian against the hard-line former nuclear negotiator Saeed Jalili.

Saeed Jalili ahead Saturday, followed by reformist Masoud Pezeshkian. The early results, reported by Iranian state television, did not initially put Jalili in a position to win Friday's election outright, potentially setting the stage for a runoff election. It also did not offer any turnout figures for the race yet — a crucial component of whether Iran's electorate backs its Shiite theocracy.

Around 61 million Iranians are eligible to vote in the polls where reformist Masoud Pezeshkian, 69, hopes for a breakthrough win against a divided conservative camp.

Ebrahim Raisi. Amirhossein Ghazizadeh Hashemi, 53, dropped his candidacy and urged other candidates to do the same “so that the front of the revolution will be strengthened," PTI reported.Ghazizadeh Hashemi was one of Raisi's vice presidents and the head of the Foundation of Martyrs and Veterans Affairs.

shipping companies for transporting Iranian oil, saying it was a response to Tehran's nuclear «escalation,» on the eve of presidential elections in the Islamic republic. «Over the past month, Iran has announced steps to further expand its nuclear program in ways that have no credible peaceful purpose,» Secretary of State Antony Blinken said in a statement.

What would be the nation’s largest export terminal for liquefied natural gas has won approval from a federal commission