Iran Financial News

24.02 / 09:29

Provident Target security Sustainability WhatsApp Fishing Indian warship provides assistance to merchant vessel in Gulf of Aden

Indian warship provided critical assistance to a merchant vessel after it caught fire following a suspected drone or missile attack in the Gulf of Aden, the latest in a series of such support missions in the region. Palau-flagged vessel MV Islander came under attack on Thursday and a crew member of the ship sustained injuries, Indian military officials said on Saturday. An explosive ordnance disposal team of the Navy embarked the vessel and sanitised it for any residual risk following which the vessel was cleared for onward transit, they said. The fresh incident comes amid growing global concerns over attacks on various commercial vessels in the Red Sea by Houthi militants.

24.02 / 09:29

Citi Election country Inside recommendations Pakistan's intermin government approves construction work of gas pipeline with neighbouring Iran

Pakistan government has finally approved the commencement of the much-delayed construction work on its segment of the Iran-Pakistan (IP) gas pipeline which will help address the increasing energy needs of the cash-strapped country. The approval, which came after a delay of several years, for the first phase of the 80-km segment inside Pakistan was given by the Cabinet Committee on Energy (CCoE) of the interim government just days before the new government takes office after the February 8 elections. «The Pakistan government has approved the start of construction work on its segment of the Iran-Pakistan (IP) gas pipeline,» said an official statement.

24.02 / 02:15

Target security country reports International Iran's military forces kill Jaish al-Adl militant group commander, his companions in Pakistan

military forces killed senior Jaish al-Adl (Army of Justice) militant group commander Ismail Shahbakhsh and some of his companions in the Pakistan territory, Iran International English reported, citing Iran's state-run media. In the latest development, Iran's forces, in an armed clash, attacked a militant group, one month after the two countries conducted air strikes on each other. Formed in 2012, Jaish al-Adl, designated as a «terrorist» organization by Iran, is a Sunni terrorist group that operates in Iran's southeastern province of Sistan-Baluchistan, Al Arabiya News reported.

23.02 / 14:25

Fighting security Align wellness Justice travelers Courts 'ISIS bride' Shamima Begum loses appeal to regain UK citizenship. Here's why

Begum lost a challenge at the Special Immigration Appeals Commission (SIAC) in February last year and then took her case to the Court of Appeal. However, the appeal judges unanimously agreed with the special tribunal’s decision and turned down the appeal.

23.02 / 03:03

markets UPS Citi Target economy Gold set for weekly gain on safe-haven inflows, softer dollar

Gold prices on Friday were set for their first weekly gain in two, supported by a softer dollar and safe-haven buying, as investors awaited further clues on when the U.S. Federal Reserve is likely to begin cutting its interest rates. FUNDAMENTALS

23.02 / 03:03

UPS Progressive economy War show Oil falls after US Fed governor says no rush to cut interest rates

Oil prices fell on Friday after a U.S. Fed official said interest rate cuts should be delayed at least two more months. Brent crude futures were down 25 cents, or 0.3%, at $83.42 a barrel at 0212 GMT, while U.S. West Texas Intermediate crude futures were 25 cents, or 0.3%, lower at $78.36.

23.02 / 02:11

COST Food Moodys pandemic Trade Diversity NOT Red Sea attacks not impacting inflation despite diversion of shipping route amid soft demand

Red Sea have delayed cargo and sent shipping costs higher, but soft demand and ample ship availability are muting the impact on inflation, analysts from Moody's Investor Service said on Thursday. Ships carrying everything from furniture and apparel to food and fuel are being diverted away from the nearby Suez Canal trade shortcut to the longer and more expensive route around Africa. Rerouting takes vessels and crew out of danger from drone and missile strikes by Iran-aligned Houthis supporting Palestinians as the Israel-Hamas war rages.

23.02 / 01:35

Target economy Remark War isolate International US to impose sanctions on over 500 targets in Russia amid war with Ukraine

Kremlin hits back at Joe Biden with ‘Hollywood cowboy’ over ‘crazy SOB’ remark The US has targeted Russia's revenue and military-industrial complex. The Us and other allies of Ukraine had hoped to cripple and isolate Russia's economy with a succession of sanctions targeting its financial sector and sources of revenue, including oil sales.

22.02 / 15:17

markets economy War country Iran's currency tumbles as tensions escalate in the Middle East

The escalating risk of a direct military confrontation between the US and Iran is hitting the Middle Eastern country's economy hard: its currency the rial has been tumbling against the US dollar in recent months.

22.02 / 09:19

Bill Opera War Trump Owes Americans Some Answers on Foreign Policy

Two significant political events will intersect Saturday—the South Carolina Republican presidential primary and the second anniversary of Vladimir Putin’s invasion of Ukraine. The coincidence goes beyond this weekend. In the grand opera that congressional Republicans have become, no major legislation can pass until Donald Trump sings.

22.02 / 06:07

markets UPS security Sustainability Trade Experts International Gold rate today, 22 Feb 2024: Gold price jumps after US Fed minutes release

Gold rate today, 22 Feb 2024: After the release of the US Fed minutes on Wednesday, gold price today witnessed some relief rally during morning deals. Gold futures contract on the Multi Commodity Exchange (MCX) for April 2024 expiry opened higher at ₹62,155 per 10 gm level and went on touch an intraday high of ₹62,169 per 10 gm level.

21.02 / 23:28

Citi Target Action War reports Iran accuses Israel of sabotage attack that saw explosions strike a natural gas pipeline

An Israeli sabotage attack on an Iranian natural gas pipeline has caused the multiple explosions last week

21.02 / 21:57

Chamber of Digital Commerce Elizabeth Warren daamla Crypto Advocacy Group Urges Senate Banking Chair to Reject Elizabeth Warren’s DAAMLA Bill

US crypto advocacy group, the Chamber of Digital Commerce (CDC), is opposing Senator Elizabeth Warren’s anti money-laundering (AML) DAAMLA legislation, claiming she is “trying to kill the entire industry,” according to a tweet yesterday on X.

21.02 / 01:33

markets UPS Reuters security Trade country Oil rises; markets weigh Red Sea attacks, US rate cuts

BEIJING (Reuters) — Oil prices regained some ground in early Asian trade on Wednesday, as investors weighed concerns over output cuts by key producers and attacks on shipping in the Red Sea against dimmed expectations of U.S. rate cuts.

20.02 / 10:17

markets UPS Trade President show SOLIDARITY Oil hovers near 3-week high on Middle East tensions, China demand

By Paul Carsten

20.02 / 03:01

markets UPS economy Trade President SOLIDARITY Oil prices hold near 3-week highs on Middle East tensions, China demand

Oil prices were little changed in early Asian trading on Tuesday, hovering close to three-week highs on heightened Middle East tensions and recovering China demand. Brent futures ticked down 8 cents to $83.48 a barrel by 0133 GMT. U.S. West Texas Intermediate (WTI) crude for April delivery inched down 10 cents to $78.36 a barrel. The March WTI contract rose 26 cents to $79.45 a barrel as traders prepared for that contract to expire during the day.

19.02 / 16:11

markets UPS Trade President hospital International Oil steadies as demand jitters counter Middle East conflict

By Natalie Grover

19.02 / 13:37

Target Trade shooting country reports travelers International Houthi rebels' attack severely damages a Belize-flagged ship in key strait leading to the Red Sea

A missile attack by Yemen’s Houthi rebels damaged a Belize-flagged ship traveling through the Bab el-Mandeb Strait that connects the Red Sea and the Gulf of Aden, forcing the crew to abandon the ship

19.02 / 09:37

Election President country Sandeshkhali news: BJP MP Locket Chatterjee compares West Bengal with Pakistan, slams Mamata Banerjee’s ‘30% politics’

Mamata Banerjee has not given a single statement till now. Sheikh Shahjahan is still absconding. The police are not able to trace him.

19.02 / 03:41

markets UPS Trade President country patient Oil down in thin trade as US gears up for Presidents' Day

Oil prices edged down on Monday morning as markets digested comments from U.S. Federal Reserve officials pointing to a more patient stance regarding potential interest rate cuts, in thin early trade on what is a public holiday in the United States. Brent crude futures were down 58 cents, or 0.69%, at $82.89 a barrel. U.S. West Texas Intermediate crude was 35 cents, or 0.44%, lower at $78.84 at 0138 GMT.

18.02 / 07:07

UPS Reuters War country Iraq's competing Shi'ite armed factions and parties

Iran's elite Quds Force to Baghdad has led to a pause in attacks on U.S. troops by Iran-aligned groups in Iraq, multiple Iranian and Iraqi sources told Reuters. Here's a look at Iraq's most influential Shi'ite parties and armed groups, who remain divided over how to address the presence of U.S. forces in the country: THE COORDINATION FRAMEWORK

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