Page 41 - Us Iran Tensions

Iran's inflation at 77.2% in May, highest level since World War II

Year-on-year inflation in Iran reached a level in May unseen since World War II, underlining the economic pain average Iranians face as the Islamic Republic worries about the war with Israel and the United States restarting. A report Monday by Iran's Central Bank represents the first official acknowledgment of what Iranians shopping, paying for a taxi or visiting a medical clinic already know: The rial currency is battered by the war and uncertainty around it resuming. Meanwhile, longtime problems of economic mismanagement and government corruption also appear to be dragging down Iran's oil-backed economy as it remains under a US naval blockade. Economic pressure in the past has sparked nationwide protests, something Iran's theocracy has been trying to avoid since a crackdown on demonstrators in January killed over 7,000 people, according to activists' estimates. But even as hard-liners hold gun-handling workshops and organise marriages under the shadow of a ballistic missile to ..

Iran's inflation at 77.2% in May, highest level since World War II

Year-on-year inflation in Iran reached a level in May unseen since World War II, underlining the economic pain average Iranians face as the Islamic Republic worries about the war with Israel and the United States restarting. A report Monday by Iran's Central Bank represents the first official acknowledgment of what Iranians shopping, paying for a taxi or visiting a medical clinic already know: The rial currency is battered by the war and uncertainty around it resuming. Meanwhile, longtime problems of economic mismanagement and government corruption also appear to be dragging down Iran's oil-backed economy as it remains under a US naval blockade. Economic pressure in the past has sparked nationwide protests, something Iran's theocracy has been trying to avoid since a crackdown on demonstrators in January killed over 7,000 people, according to activists' estimates. But even as hard-liners hold gun-handling workshops and organise marriages under the shadow of a ballistic missile to ..

Iran says reviewing US ceasefire proposal as Trump says talks continuing

Trump said on Monday that negotiations with Iran were continuing and there would be a deal over the next week to extend a ceasefire agreed in early April and reopen the Strait of Hormuz

Iran war puts RBI in razor-edge policy bind over inflation, growth, rupee

The rupee has tumbled ​to record lows since the Iran war broke out at the end of February

Oil prices steady as uncertainty over US-Iran talks keeps markets on edge

Brent crude futures ‌inched up 6 cents, or 0.06 per cent, to $95.04 a barrel at 0001 GMT, while US West Texas Intermediate fell 17 cents, or 0.18 per cent, to $91.99 a barrel

Iran talks continuing at rapid pace, says Trump as strikes test ceasefire

US President Donald Trump on Monday said talks were continuing with Iran at a rapid pace, as fresh strikes by Tehran appeared to hit the fragile ceasefire. "Talks are continuing, at a rapid pace, with the Islamic Republic of Iran," Trump said in a post on Truth Social. The nominal ceasefire between Iran and the US has been repeatedly tested with such back-and-forth attacks, even as officials from both countries try to negotiate an end to the war. It's not clear how close they are to a deal and there is always the risk that an attack could derail those talks.

Iran talks continuing at rapid pace, says Trump as strikes test ceasefire

US President Donald Trump on Monday said talks were continuing with Iran at a rapid pace, as fresh strikes by Tehran appeared to hit the fragile ceasefire. "Talks are continuing, at a rapid pace, with the Islamic Republic of Iran," Trump said in a post on Truth Social. The nominal ceasefire between Iran and the US has been repeatedly tested with such back-and-forth attacks, even as officials from both countries try to negotiate an end to the war. It's not clear how close they are to a deal and there is always the risk that an attack could derail those talks.

An LNG glut is on its way despite disruption from West Asia conflict

The world's largest LNG plant is idled and Qatar says repairing it will take at least three years. And yet, the contours of a long-term surplus are already starting to emerge

Iran halts talks with US after Israel widens Lebanon offensive: Report

Negotiators will suspend "talks and the exchange of documents through mediators" the semi-official Tasnim new agency reported, citing a statement

Stock Market Close: Sensex falls 508 pts, Nifty ends at 23,383; PSU bank, FMCG, realty stocks weigh

Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices settled 1.45 per cent and 0.88 per cent lower, respectively.

Iran really wants to make deal with US: Trump amid stalled negotiations

Trump stated that the deal will be a good one for the USA and its allies

Iran really wants to make deal with US: Trump amid stalled negotiations

Trump stated that the deal will be a good one for the USA and its allies

US bombs Iranian military sites; Kuwait hit by drone, missile fire

The US military said Monday it was targeting Iranian radar and drone control sites in Iran after Tehran shot down an American MQ-1 Predator drone this weekend. Iran's paramilitary Revolutionary Guard in a statement carried by the state-run IRNA news agency said that US forces had targeted a telecommunications tower on an island. The Guard said it responded with an attack without saying where.

US bombs Iranian military sites; Kuwait hit by drone, missile fire

The US military said Monday it was targeting Iranian radar and drone control sites in Iran after Tehran shot down an American MQ-1 Predator drone this weekend. Iran's paramilitary Revolutionary Guard in a statement carried by the state-run IRNA news agency said that US forces had targeted a telecommunications tower on an island. The Guard said it responded with an attack without saying where.

Kuwait's air defences intercept missiles, drones amid regional tensions

Kuwait informed that if explosion sounds are heard, they result from the air defense systems intercepting the hostile attacks

Kuwait's air defences intercept missiles, drones amid regional tensions

Kuwait informed that if explosion sounds are heard, they result from the air defense systems intercepting the hostile attacks

US military quietly guiding ships through Hormuz amid stalled negotiations

US Central Command has helped around 70 commercial ships pass through the strait in the last three weeks, an official said

US military quietly guiding ships through Hormuz amid stalled negotiations

US Central Command has helped around 70 commercial ships pass through the strait in the last three weeks, an official said

Germany, UK voice concern over Israel's widening offensive in Lebanon

United Kingdom intensified the Western diplomatic push for immediate restraint, explicitly calling for a halt to the widening theatre of war

What to know as Israeli forces' Lebanon incursion complicates Iran deal

Israeli forces are making their deepest incursion inside Lebanon since they withdrew from the country over a quarter-century ago, despite a nominal U.S.-brokered ceasefire and the first direct talks between the countries in decades. The Israeli advance presents a challenge in the emerging deal to extend the Iran war ceasefire as Tehran wants any agreement to end fighting in Lebanon, too. Qatar called it a "dangerous escalation." Germany's foreign minister said it was cause for serious concern, according to German press agency dpa. There was no comment by the United States. On Sunday, Israeli forces seized a symbolic fort in southern Lebanon that offers commanding views across Lebanon and into northern Israel. The last time they seized it, they held it for 18 years. Israel says it is targeting the Iranian-backed Hezbollah militant group, which has a strong political presence in southern Lebanon and has launched thousands of missiles and drones at Israeli soldiers there and in norther