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The Latest Breaking News from Iran

Iran Moves To Triple Military Budget Amid Israel Tensions

Government spokeswoman Fatemeh Mohajerani outlined the move that would see "a significant increase of more than 200% in the country's military budget" at a news conference in Tehran, without elaborating.

Latin Times

Iran lifts its ban on imports of new iPhone models in place since last year

Iranian authorities have lifted a ban on imports of new iPhone 14, 15 and 16 models by the U.S. tech giant Apple

The Independent UK

Rep. Stefanik Accuses FBI Of Covering Up Iranian Election Interference

Rep. Stefanik raises concerns about FBI handling of Iranian election interference, DOJ confirms Iran hacked Trump campaign. Foreign interference threats fr...

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Iran's President Praises New Hezbollah Leader For Strengthening Resistance

Iran's President praises new Hezbollah leader Naim Qassem, highlighting his role in strengthening resistance against foes.

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Berlin, EU Vow Response After Tehran Executes German-Iranian

Germany and the European Union on Tuesday strongly condemned Iran's execution of a 69-year-old German-Iranian dissident after years behind bars and warned they were considering retaliatory measures.

International Business Times

Brics+ could shape a new world order, but it lacks shared values and a unified identity

The last two summits of Brics countries have raised questions about the coalition’s identity and purpose. This began to come into focus at the summit hosted by South Africa in 2023, and more acutely at the recent 2024 summit in Kazan, Russia.

The Conversation

Berlin summons Iran ambassador over execution of German-Iranian

Daughter of Jamshid Sharmahd says family let down by US and German governments’ failure to save him

The Guardian - UK

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Iran Moves To Triple Military Budget Amid Israel Tensions

Iran's government has proposed tripling its military spending, an official said Tuesday, as tensions with arch-rival Israel rise following recent tit-for-tat missile strikes.

International Business Times

Hezbollah cleric Naim Kassem picked to lead the Lebanese militant group

Hezbollah says it has chosen cleric Naim Kassem to lead the Lebanese militant group after the killing of its longtime leader Hassan Nasrallah in an Israeli airstrike on a Beirut suburb in late September

The Independent UK

Satellite photos show Israeli strike likely hit important Iran Revolutionary Guard missile base

Israel’s attack on Iran likely damaged a base run by the paramilitary Revolutionary Guard that builds ballistic missiles and launches rockets as part of its own space program

The Independent UK

Iran plans to increase military budget by 200 percent

Defence spending boost needs parliament nod, comes as Iran and Israel exchanged tit-for-tat missile strikes in October.

Al Jazeera

Iran's Minority Groups Unite Against Oppressive Regime

Analysis of Iran's escalating tensions, minority groups' discontent, and potential regime change.

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Iran Executes Iranian-German Prisoner Jamshid Sharmahd On Terror Charges

Iran's execution of Jamshid Sharmahd on disputed terror charges sparks international condemnation. Amnesty International criticizes the trial as grossly un...

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Israeli Strike Kills Dozens In Gaza Shelter

Escalating Israeli-Palestinian conflict with tragic casualties, international reactions, and UNRWA impact.

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Top News

Germany Protests Iran Over Execution Of Iranian-German Prisoner

Germany protests Iran's execution of Iranian-German dissident, sparking international outrage and tensions.

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Iran To Increase Military Budget By 200%

Iran plans a 200% increase in military budget due to rising tensions with Israel and regional security concerns.

The Independent UK

Germany recalls ambassador from Iran as it protests the execution of an Iranian German prisoner

Germany has protested to Iran over the execution of Iranian German prisoner Jamshid Sharmahd, who lived in the U.S. and was kidnapped in Dubai in 2020 by Iranian security forces

The Guardian - US

Middle East crisis: US concerned by ‘horrifying’ Israeli airstrike that killed at least 93 civilians, including 20 children, in Gaza – as it happened

US spokesperson says officials are asking Israel what happened, expressing ‘deep concern’ over loss of civilian lives

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International Business Times

Outrage As Iran Executes German-Iranian Jamshid Sharmahd

Iran on Monday executed 69-year-old German-Iranian Jamshid Sharmahd after years in captivity, media in the Islamic Republic said, sparking outrage in Germany and beyond.

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Global Oil Prices Fall After Israel's Measured Strike On Iran

Global oil prices drop after Israel's strike on Iranian military sites, influenced by Middle East tensions and global economic factors. Experts foresee fur...

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Iran And Israel Demand UN Action Against Each Other

Recent UN Security Council meeting sees Iran and Israel in heated exchange over escalating tensions in the region.

Barchart

Dollar Little Changed on Cross Currents

The dollar index (DXY00 ) on Monday was little changed. The dollar was undercut by reduced safe-haven demand after Israel launched a limited retaliatory strike against Iran, reducing the chances for an all-out Middle East conflagration. However, the dollar saw underlying support from Monday’s +3.4 bp rise in the 10-year...

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German-Iranian National Executed In Iran For Terrorism Offences

German-Iranian national executed in Iran for terrorism offenses, drawing global criticism and raising human rights concerns.

Barchart

Oil Prices Plunge after Israel Limits Its Retaliatory Strike on Iran

December WTI crude oil (CLZ24 ) on Monday closed down -4.40 (-6.13%), and December RBOB gasoline (RBZ24 ) closed down -0.0113 (-5.46%). Crude oil prices plunged on Monday after Israel over the weekend launched a limited retaliatory strike on Iran and did not strike any of Iran's oil facilities. Iran...

Capital & Main

Drill, Baby, Drill? Former Big Oil Exec Says That’s Exactly What the Industry Doesn’t Need.

Former ConocoPhillips economist Marianne Kah on the election: Whether it's Harris or Trump, the outcome likely won't affect oil production.

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