Iran
Iran faces dual crisis amid currency drop and loss of major regional ally
A briefcase filled with Iranian rial banknotes sits on display at a currency exchange market on Ferdowsi street in Tehran, Iran, on Saturday, Jan. 6, 2018. Ali Mohammadi | Bloomberg | Getty Images Iran is confronting its worst set of crises in years, facing a spiraling economy along with a series of unprecedented geopolitical and […]
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Iran currency slips to new lows amid U.S., Europe tensions
A briefcase filled with Iranian rial banknotes sits on display at a currency exchange market on Ferdowsi street in Tehran, Iran, on Saturday, Jan. 6, 2018. Ali Mohammadi | Bloomberg | Getty Images The Iranian currency extended its fall on Saturday, hitting a new all-time low against the U.S. dollar amid uncertainties about Donald Trump’s […]
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Iran will not impede IAEA access, head of its atomic organization says
The flag of Iran is seen in front of the building of the International Atomic Energy Agency (IAEA) Headquarters on May 24, 2021 in Vienna, Austria. Michael Gruber | Getty Images News | Getty Images Iran will not impede U.N. nuclear watchdog’s access and inspection of its sites, the head of the country’s Atomic Energy […]
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From Trump and Turkey, to Russia and Iran — Syria’s regime change has huge global consequences
TOPSHOT – This aerial picture shows a bullet-riddled portrait of Syrian President Bashar al-Assad adorning Hama’s municipality building after it was defaced following the capture of the city by anti government fighters, on December 6, 2024. Omar Haj Kadour | Afp | Getty Images The dramatic toppling of Bashar al-Assad’s Syrian regime at the hands […]
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Syrian rebels sweep into Aleppo, Russia conducts strikes in support of Assad
Anti-government fighters brandish their guns as they ride a vehicle in Syria’s northern city of Aleppo on November 30, 2024. Jihadists and their Turkish-backed allies breached Syria’s second city of Aleppo on November 29, as they pressed a lightning offensive against forces of the Iranian- and Russian-backed government. Omar Haj Kadour | Afp | Getty […]
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More Iran sanctions and ‘drill baby, drill’: Oil market’s future is still uncertain under Trump
Offshore workers examine hydrocarbon samples aboard the Chevron Corp. Jack/St. Malo deepwater oil platform in the Gulf of Mexico off the coast of Louisiana, U.S., on Friday, May 18, 2018. Luke Sharrett | Bloomberg | Getty Images U.S. oil producers are looking forward to less regulations on crude production under a Donald Trump presidency, meaning […]
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‘A huge victory’: World leaders react as Trump secures White House return
Former US President Donald Trump (L) shakes hands with Israeli Prime Minister Benjamin Netanyahu (R) as they pose for a photo within their meeting at Mar-a-Lago estate, in Palm Beach, Florida, United States on July 26, 2024. Amos Ben-Gershom | Anadolu | Getty Images A flurry of world leaders on Wednesday sent their congratulations to […]
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Stocks making the biggest moves midday: Taiwan Semi, On Semi, Delta Air and more
Check out the companies making headlines in midday trading. Spotify — The music streaming platform advanced 2% after Wells Fargo named it a top stock pick . Analyst Steven Cahall cited Spotify’s rising profit margins, strong product mix and evolving record label relationships as catalysts while reiterating an outperform rating on the stock. Robinhood — […]
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Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative (FII) forum. Fayez Nureldine | Afp | Getty Images Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom’s Future Investment Initiative, […]
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Oil prices slide more than 4% after Israel’s ‘limited’ attack on Iran seen as not disrupting supplies
View of Iran’s oil industry installations in Mahshahr, Khuzestan province, southern Iran. Kaveh Kazemi | Getty Images Oil prices will remain under pressure for the rest of this year, it may be difficult to see Brent crude oil prices reaching $80 in the foreseeable future. Andy Lipow president at Lipow Oil Associates “The recent Israel […]
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