Page 7 - Iran Economy

US involvement deterred Hezbollah from joining war on Israel: Report

In addition to quickly fielding U.S. aid to Israel, the U.S. has bolstered its presence in the region to deter further aggression

As Israel-Hamas war escalates, crude oil traders are focused on Iran

The energy minister of the United Arab Emirates, a key OPEC member, was clear on Sunday that the conflict wouldn't affect the group's decision-making

Iran puts imaging satellite successfully into orbit amid tensions with West

Iran claimed on Wednesday that it has successfully put an imaging satellite into space. The state-run IRNA news agency, quoting the country's communication minister, said the Noor-3 satellite had been put in an orbit 450 kilometres (280 miles) above the Earth's surface. There was no immediate acknowledgment from Western officials of the launch or of the satellite being put into orbit. Iran has had a series of failed launches in recent years.

Saudi Arabia and Iran agree to reopen embassies, ease air travel norms

Iran's semiofficial ISNA news agency says Saudi Arabia and Iran have agreed to reopen diplomatic missions in their respective capitals and in additional cities. The report says the agreement was reached Thursday during a meeting of the foreign ministers of Iran and Saudi Arabia in Beijing. The agreement also calls for studying the possibility of resuming flights between the two nations and facilitating the visa process for the citizens of both countries. Saudi Arabia and Iran are long-time regional rivals, but have moved toward reconciliation as part of a deal brokered by China last month.

Amid deepening ties, Iran set to buy Russia's Sukhoi Su-35 fighter jets

Iran has finalized a deal to buy Sukhoi Su-35 fighter jets from Russia, state media reported, as defense cooperation between the two countries deepens, reported Times of Israel

Centre seeks info from embassy on Iran's bar on rice, tea imports

'As of now, there has been no confirmation from the authorities and the response from the embassy in Tehran is also taking time'

What we know about Iran's notorious 'morality police' and how it operates

This force has been patrolling the streets of Iran since 2006, arbitrarily enforcing its strict dress code

Just when things look…: Beware the surprise that catches you unprepared

As the system emerges from the Covid trauma and India shifts its sights to long-term targets, attention must turn to the underlying weaknesses that may scupper ambitious aspirations, writes T N Ninan

Iranian Prez says resistance only way to counter 'greed' of the West

Iranian President Ebrahim Raisi said that Iran's economic, scientific and energy capacities can benefit bilateral and multilateral cooperation with other nations.

Iran confirms uranium enrichment at its Natanz underground facility

The Iranian nuclear chief has confirmed media reports that Iran has begun enriching uranium with the third cascade of new centrifuges at its Natanz underground facility

A day after US warning, Russian President Putin set to visit Iran next week

During the trip to Tehran next Tuesday, Vladimir Putin will attend a trilateral meeting with the leaders of Iran and Turkey

Iran gets latest opportunity to sell auto parts to Russian carmaker

A member of Iran's syndicate of car parts producers says Iranian producers have an opportunity to export their wares to a Russian manufacturer, state media reported.

Iran accuses Western parties to 2015 nuclear deal of 'blame game' in talks

The statement offered a pessimistic assessment of efforts to revive the deal under which Iran had limited its nuclear programme.

Iran's central bank governor ousted after presidential bid: Report

Iranian media identified several possible candidates to succeed Hemmati at the bank, including Akbar Komeijani, a deputy governor of the bank.

Iran and world powers resume 'final round' of nuclear deal talks

In 2018, then-President Donald Trump pulled the US unilaterally out of the agreement

Iran insists on US lifting sanctions to revive 2015 nuclear deal: Know more

Iran's Supreme Leader Ayatollah Ali Khamenei has reiterated Tehran's position that US sanctions must be lifted before the country returns to its compliance with the 2015 nuclear deal

Iran calls Natanz atomic site blackout "nuclear terrorism": Details here

Iran on Sunday described a blackout at its underground Natanz atomic facility an act of nuclear terrorism, raising regional tensions

South Korean tanker held by Iran over money dispute now on the move

A South Korean oil tanker held for months by Iran amid a dispute over billions of dollars held in Seoul was leaving Iran early Friday

US reaffirms no unilateral incentives to induce Iran to come to table

"We will not offer any unilateral gestures or incentives to induce the Iranians to come to the table," State Department Spokesperson told reporters during his daily briefing

Iran to boost oil output via $1.2 billion deal with local companies

Iran plans to roughly double oil production in the next year to 4.5 million barrels daily, as the country anticipates a loosening of US sanctions