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The Latest Breaking News from Iran

Crude Settles Higher after a Fire Shuts Down a U.S. Refinery in Louisiana

October WTI crude oil (CLV23 ) on Friday closed up +0.78 (+0.99%), and Oct RBOB gasoline (RBV23 ) closed up +6.40 (+2.48%). Crude oil and gasoline prices Friday posted moderate gains, with gasoline climbing to a 1-week high. Crude garnered support Friday after Marathon Petroleum shut the Garyville refinery in...

Barchart

Crude Gains on Energy Demand Optimism

October WTI crude oil (CLV23 ) this morning is up +0.38 (+0.48%), and Oct RBOB gasoline (RBV23 ) is down -0.39 (-0.15%). Crude oil and gasoline prices this morning are mixed. Crude garnered support today on comments from Fed Chair Powell, who signaled the Fed may pause rate hikes when...

Barchart

Analysis: What do BRICS invitations mean for the Middle East?

Saudi Arabia, UAE look to balance relations between east and west, while Iran, Egypt look to benefit financially.

Al Jazeera

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India and Iran drop foreign arbitration clause in Chabahar port issue

In a move aimed at boosting India-Iran commercial relation, Tehran and New Delhi have agreed to drop the clause for arbitration in foreign courts concerning the Chabahar port which had been a hurdle in framing long-term agreement regarding the facility, the Iran Daily has reported. The development is a major…

The Hindu

AP WAS THERE: A 1953 CIA-led coup in Iran topples prime minister, cements shah's power

In August 1953, a CIA-backed coup toppled Iran’s prime minister, cementing the rule of Shah Mohammad Reza Pahlavi for over 25 years before the 1979 Islamic Revolution

The Independent UK

A CIA-backed 1953 coup in Iran haunts the country with people still trying to make sense of it

Seventy years after a CIA-orchestrated coup toppled Iran’s prime minister, its legacy remains both contentious and complicated for the Islamic Republic as tensions stay high with the United States

The Independent UK

BRICS just invited 6 nations including Saudi Arabia and Iran to join—here's why it increases the prospect of dollar replacement

The idea of creating a BRICS common currency to rival the dollar has long been on the agenda of the emerging-market nations in the bloc.

Fortune

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‘A wall of BRICS’: The significance of adding six new members to the bloc

Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and UAE invited to join the grouping of top emerging economies.

Al Jazeera

Crude Closes Slightly Higher on Strength in U.S. Economic News

October WTI crude oil (CLV23 ) on Thursday closed up +0.16 (+0.20%), and Oct RBOB gasoline (RBV23 ) closed up +2.15 (+0.84%). Crude oil and gasoline prices Thursday closed moderately higher. Stronger-than-expected U.S. economic news Thursday signals strength in the economy that is bullish for energy demand and crude prices....

Barchart

Brics expansion: six more nations are set to join – what they’re buying into

One key outcome of the 15th Brics summit, hosted by South Africa, is the decision to invite six more countries to join the group with effect from January 2024. They are Argentina, Ethiopia, Iran, Saudi Arabia, Egypt and the United Arab Emirates. All six had applied for membership. The enlargement…

The Conversation

Shin Bet Nabs Israelis Accused Of Smuggling Iranian Bombs

Israeli Security Agency revealed that the security forces last month arrested four Arab Israelis on suspicion of smuggling

Zenger

BRICS now a non-western grouping with the induction of six more member nations

BRICS expands to 11 members, strengthening its position as a global grouping. New members from Middle East, Africa, South America chosen, sending message of multipolarity. India took lead in drafting criteria, most new members strategic partners. Expansion sends message against US sanctions, energy players join. BRICS now a recognised global…

The Hindu

Crude Edges Lower on Dollar Strength and Energy Demand Concerns

October WTI crude oil (CLV23 ) this morning is down -0.23 (-0.29%), and Oct RBOB gasoline (RBV23 ) is up +0.64 (+0.25%). Crude oil and gasoline prices this morning are mixed, with crude falling to a 1-month low. A stronger dollar today is weighing on energy prices. Also, weakness in...

Barchart

Saudi Arabia, Iran among six nations invited to join BRICS

Talks of expansion have dominated the three-day annual summit of major emerging economies in Johannesburg.

Al Jazeera

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news in one place.

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The Hindu

BRICS agrees to welcome six new members, says PM Modi

BRICS expansion to include six new members: Saudi Arabia, UAE, Iran, Argentina, Egypt, Ethiopia. Expansion will take effect from January 1, 2024

The Independent UK

Iran, Saudi Arabia and Egypt are among 6 nations set to join the BRICS economic bloc

Iran and Saudi Arabia are among six nations invited Thursday to join the BRICS bloc of developing economies

Barchart

Crude Prices Close Lower on Energy Demand Concerns

October WTI crude oil (CLV23 ) on Wednesday closed down -0.75 (-0.94%), and Oct RBOB gasoline (RBV23 ) closed down -1.30 (-0.51%). Crude oil and gasoline prices Wednesday retreated, with crude falling to a 4-week low and gasoline dropping to a 3-week low. Weaker-than-expected economic news Wednesday from the U.S....

Barchart

Crude Prices Fall on Global Energy Demand Concerns

October WTI crude oil (CLV23 ) this morning is down -0.55 (-0.69%), and Oct RBOB gasoline (RBV23 ) is down -2.56 (-1.00%). Crude oil and gasoline prices this morning are moderately lower, with crude falling to a 4-week low and gasoline dropping to a 3-week low. Weaker-than-expected economic news today...

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news in one place.

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The Independent UK

Iran sentences 8 to prison over paramilitary's death during last year's nationwide protests

Iran has sentenced seven men and a woman to prison after their convictions over allegedly aiding two men earlier executed for killing a paramilitary volunteer during the nationwide protests last year that followed the death of Mahsa Amini while in police custody

Al Jazeera

US-Iran prisoner swap deal is ‘on track’, says White House official

Agreement is ‘proceeding’ but there is no exact timetable for swap, says US National Security Adviser Jake Sullivan.

Barchart

Crude Closes Lower on Increased Iranian Crude Exports

September WTI crude oil (CLU23 ) on Tuesday closed down -0.37 (-0.46%), and Sep RBOB gasoline (RBU23 ) closed up +1.65 (+0.60%). Crude oil and gasoline prices Tuesday settled mixed. Bearish factors included a stronger dollar and an increase in Iranian crude exports. In addition, weakness in China's economy, the...

Barchart

Crude Slightly Lower on Increase in Iranian Exports

September WTI crude oil (CLU23 ) this morning is down -0.18 (-0.22%), and Sep RBOB gasoline (RBU23 ) is up +1.57 (+0.57%). Crude oil and gasoline prices this morning are mixed. Bearish factors include a stronger dollar and an increase in Iranian crude exports. In addition, weakness in China's economy,...

Al Jazeera

Iran unveils attack drone capable of striking Israel

The new version of the Mohajer, which carries a larger warhead, was unveiled a day after Israel blamed Iran for attacks.

The Independent UK

Iran unveils armed drone resembling America's MQ-9 Reaper and says it could potentially reach Israel

Iran’s Defense Ministry has unveiled a drone resembling America’s armed MQ-9 Reaper, claiming that the aircraft is capable of staying airborne for 24 hours and has the range to reach the country's archenemy Israel

The Times of India

Elnaaz Norouzi's thoughts on marriage have changed over the years; says, 'I want a big Indian and Iranian wedding' - Exclusive

Elnaaz Norouzi, who recently won hearts with her performance in 'Made in Heaven 2', told ETimes in an interview that she is quite a romantic person in real life. Although she initially didn't want to get married, she has had a change of heart over the years. In a candid…

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