India defies U.S., buying Iranian oil despite sanctions
India is going to continue buying Iranian oil in November despite the U.S. sanctions, Reuters reported citing sources close to the Indian oil industry. “Refiners have placed November nominations to lift 1.25 million tons (about 9 million barrels) of oil from Iran,” Reuters quoted a source as saying. As reported, Indian Oil Corp will lift […]
Tehran calls Israeli president’s remarks ‘thoughtless’ and ‘rude’
Iranian Foreign Ministry spokesman Bahram Qassemi has warned the Zionist regime of Israel against anti-Iran “thoughtless” and “rude” statements. “We warn these narcissistic racists who has no wisdom and politeness about the consequences of the thoughtless things they say about the Iranian nation,” Qassemi told Al-Alam News Network. During a meeting with German Chancellor Angela […]
ICJ ruling marks ‘victory’ for Iran: diplomats and law experts
Alireza Jahangiri, the Iranian ambassador to The Hague, has said the ruling by the International Court of Justice to ease sanctions on Tehran was a “victory for Iran”. On Wednesday, the Hague-based UN’s top court ordered the United States to ease some sanctions against Iran, including those related to the supply of humanitarian goods and […]
Tehran, Moscow negotiate trade in national currencies
In a meeting between Iranian Central Bank Governor Abdolnaser Hemmati and his Russian counterpart Elvira Nabiullina in Moscow on Thursday, the two sides stressed the need for the expansion of banking cooperation between Iran and Russia. Using national currencies of the two countries in bilateral trade was the main pivot of the negotiations between the […]
Cleric: Missile strikes showed Iran’s power
Ayatollah Kazem Seddiqi, the interim Friday prayer preacher of Tehran, has lauded the recent missile attacks by the Islamic Revolution Guards Corps (IRGC) on terrorists in the Iraqi Kurdistan and eastern Syria as a sign of Iran’s military “power”. “After the Ahvaz incident in which children, women and men were targeted with the oppressors’ bullets, […]
US sanctions are “more fragile than” Iran’s economy
Addressing Basij volunteer forces on Thu., Leader of the Islamic Revolution Ayatollah Khamenei asserted that US sanctions are “more fragile than” Iran’s economy, emphasizing that the Iranian nation will “slap the US in the face” by defeating those bans. Ayatollah Khamenei made the remarks during a speech to a large gathering of Iran’s Basij volunteer […]
UN’s top court rules in favor of Iran, orders U.S. to lift sanctions
International Court of Justice (ICJ) issued an interim order to the United States on Wednesday to lift its sanctions against Iran linked to civil aviation, humanitarian goods, and medicines. Judges at the International Court of Justice, the principal judicial organ of the UN, have handed victory to Tehran over a case against US which states […]
Iran to construct 540MW power plant in Syria
Iranian Mapna Group Company signed a memorandum of understanding (MOU) with Syrian Public Establishment of Electricity for Generation (PEEG) on Tuesday for constructing a 540 megawatt (MW) combined cycle power plant in Syrian port city of Latakia, IRNA reported. The MOU was signed by PEEG’s Managing Director Mahmoud Ramadan and MAPNA Group’s Managing Director Abbas […]
We took you seriously, Shamkhani tells Bolton after missile attack
“We did take you seriously. This Hajizadeh [the IRGC Airspace commander] took you seriously when he landed missiles three miles away from you,” Iranian Supreme National Security Council Secretary Ali Shamkhani said on Tuesday, addressing Trump’s national security advisor John Bolton. Addressing a veterans’ conference in Tehran, Shamkhani was referring to the IRGC’s missile attacks […]
After repeated record lows, rial recovers unexpectedly
Following government’s Saturday measure to grant authority to the Central Bank of Iran (CBI) to interfere in the foreign exchange market in defense of the rial, the Iranian currency started to regain incrementally. On Tuesday, in the Iranian capital, money exchange shops offered around 140,000 rials for one U.S. dollar, while the rate stood at […]