Iran Financial News

Yemen's Huthis on Tuesday over their attacks on Red Sea shipping, as the Iran-backed rebels vowed to hit back. The latest raids, heard by residents of the rebel-held capital Sanaa around midnight (2100 GMT), hit eight Huthi targets, a joint US-UK statement said, while the Huthis listed 18 strikes across their territory. US and British forces carried out a first wave of strikes against the rebel group earlier this month, and the United States launched further air raids against missiles that Washington said posed imminent threats to both civilian and military vessels. But the Huthis have vowed to continue their attacks — just one part of a growing crisis in the Middle East linked to the Israel-Hamas war, which has raised fears of a broader war directly involving Iran. The latest strikes were against «eight Huthi targets in Yemen in response to the Huthis' continued attacks against international and commercial shipping as well as naval vessels transiting the Red Sea», Washington and London said in a joint statement with other countries that supported the military action. «These precision strikes are intended to disrupt and degrade the capabilities that the Huthis use to threaten global trade and the lives of innocent mariners,» the statement said. The US Central Command said in a separate statement that the targets of the strikes «included missile systems and launchers, air defence systems, radars, and deeply buried weapons storage facilities». — Attacks won't go 'unpunished' - British Foreign Secretary David Cameron said the Huthis had carried out more than 12 attacks on shipping since the first wave of joint strikes on January 11. «What we have done again is send the clearest possible message that we will

British forces carried out a fresh round of strikes on Monday in Yemen, targeting a Houthi underground storage site as well as missile and surveillance capabilities used by the Iran-aligned group against Red Sea shipping, the Pentagon said. The Houthis, who control the most populous parts of Yemen, have said their attacks are in solidarity with Palestinians as Israel strikes Gaza. The Houthi attacks have disrupted global shipping and stoked fears of global inflation. They have also deepened concern that fallout from the Israel-Hamas war could destabilize the Middle East. In the latest response, U.S.

The United States Department of the Treasury’s Office of Foreign Assets Control has imposed new sanctions on facilitators and networks involved in crypto transactions linked to the Palestinian militant group Hamas.

Alba Wheels Up International founder Salvatore Stile breaks down the impact that Houthi rebel attacks have had on international and domestic business.

Brent crude experienced a 90-cent increase, reaching $79.46 per barrel by 1450 GMT. Simultaneously, the front-month US West Texas Intermediate crude futures contract for February delivery saw a $1.10 rise, reaching $74.42 per barrel in subdued trading conditions as the contract approached its Monday expiration. The March WTI contract, which was more actively traded, rose by 91 cents to reach $74.16.

National Defence University, due to the fear of possible attacks by the militants. The move by the Pakistani authorities to temporarily close down the armed forces run National Defense University, Air University and Bahria University in addition to other institutions, came after a security alert was issued by intelligence organisations about a possible attack on military-linked educational institutions of higher learning. «At least three armed forces-run universities that include the National Defense University, Air University and Bahria University and a few other higher institutions were shut temporarily after intelligence was received about a possible attack on them,» said a source.

United Arab Emirates and Bahrain in September 2020. Sudan normalised relations with Israel the following month and Morocco in December 2020. Negotiations between Israel and Saudi Arabia were disrupted by the war between Israel and Hamas which began in October 2023.

By Natalie Grover

It has become fashionable of late to compare US President Joe Biden in 2023 to Jimmy Carter in 1979. Just as the events of 1979 doomed Carter’s re-election hopes the following year, developments in 2023 are said to have effectively sunk Biden’s bid for a second term in November. Most obviously, both Carter and Biden confronted a demoralizing inflation problem.

Mint explains. Iran launched a missile attack at reported terror camps in Pakistan’s Baluchistan province last week. The target was Jaish al-Adl, which operates in Pakistan and Iran’s Sistan-Baluchistan province.

“axis of resistance" and Israel and America engage in ever more dangerous strikes on each other, including assassinations. Iranian allies in Iraq and Syria have launched about 140 rocket and drone attacks against American troops since the start of the Gaza war. Perhaps the most severe came on January 20th, with a volley of “multiple ballistic missiles and rockets" fired at the Al Asad base in western Iraq, according to America’s Central Command.

Business and political elites descended on the Swiss Alpine snows of Davos to suss out “rebuilding trust” in a splintering world

Global South. Echoing India's thought Russia wants to project BRICS as non-Western and not anti-Western concept. “BRICS is not targeted against anyone…it offers alternative instruments, which are supposed to be safe from the politicised Western architecture, including in the context of de-dollarisation.

Iraq launched multiple rockets and ballistic missiles on Saturday (local time) targeting Washington's al-Assad Airbase in Western Iraq, said US Central Command. CENTCOM said that several US personnel are undergoing evaluation for «traumatic brain injuries» and at least one Iraqi service member was wounded in the attack. «At approximately 6:30 pm (Baghdad time) time Jan. 20, multiple ballistic missiles and rockets were launched by Iranian-backed militants in Western Iraq targeting al-Assad Airbase.

Iran-backed militants in Western Iraq targeting Al-Assad Airbase on 20 January, Saturday, claims US Central Command. Taking to microblogging site X, US CENTCOM posted, “Most of the missiles were intercepted by the base’s air defense systems while others impacted on the base. Damage assessments are ongoing.

Prince of Persia" was released in around 14 years along with its first title since the time of its revelation in 1989, in which the characters will be speaking Farsi. On Thursday, "Prince of Persia: The Lost Crown" was released by Ubisoft for Xbox, Nintendo Switch, PC, and PlayStation. This most recent version is the first in the series that has been developed by Ubisoft Montpellier which is Ubisoft's subsidiary, as per BBC.

Israel-Hamas war are being felt in Syria, which has been targeted by air raids and other attacks launched from several countries. On Saturday, Israel launched its second high-profile targeted assassination in the country in less than a month, killing the Iranian Revolutionary Guards' spy chief for Syria and three other Guards members.

intensifying strikes targeting senior Iranian and allied figures in Syria and Lebanon -- both backers of the Palestinian militant group Hamas -- raising fears that the Gaza conflict could expand further throughout the region. The Islamic Revolutionary Guard Corps (IRGC) confirmed it lost five members in the strike that it blamed on Israel, its regional arch-foe, updating an earlier toll from four. Hamas condemned what it called a "heinous crime".

By Kinda Makieh and Laila Bassam

Houthi attacks on ships in the southern Red Sea or Gulf of Aden, which continue to occur almost daily. The Houthi rebels, supported by Iran, claim their actions in the Red Sea corridor are in response to Israel's offensive against Hamas in the Gaza Strip. The Gaza conflict, now in its fourth month, stands as one of the deadliest and most destructive military campaigns in recent history.

Read more here Reliance Industries Limited reported a 10.9% increase in its net profit to ₹19,641 crore in the third quarter of FY 23-24. The company's total revenue from operations stood at ₹2,27,970 crore during the quarter under review. The robust performance of the oil and gas segments was one of the major highlights of the quarterly results of Mukesh Ambani's firm.