Iran says it has enough reserves as currency crisis deepens
Iran’s central bank governor has sought to reassure the country’s financial markets, saying Tehran has enough foreign currency reserves...
Global oil prices reached a four year high on Monday (9 March), surpassing $119 a barrel, as conflict in the Middle East rumbled on. Meanwhile, the Turkish Military said NATO air defence systems destroyed a missile fired from Iran towards the country.
The son of former Supreme Leader Ali Khamenei was announced as the late Ali Khamenei’s successor to Iran's highest ranking political and religious post. The appointment of Khamenei comes just over a week after his father, the former Supreme Leader, was killed in U.S.-Israeli airstrikes on Tehran.
Photos taken by AnewZ's Touraj Shiralilou show people gathering in the streets of the Iranian captial as Mojtaba Khamenei was sworn in as Supreme Leader.
As oil prices surged due to ongoing fighting in Iran and the Middle East, other countries started to respond to the resulting rising fuel prices. Bahrain declared a ‘force majeure,’ freeing it of any contractual obligations to trade partners, after its refinery was bombed.
In Europe, Hungarian Prime Minister Viktor Orban called on the European Union to lift sanctions on Russian energy and announced a cap on fuel prices. Later, Russian President Vladimir Putin said Moscow was willing to sell energy to European customers, provided it was free of political pressure.
The Turkish Defence Ministry said a ballistic missile fired from Iran had been destroyed by NATO air missile defence systems over the city of Gaziantep in south-central Türkiye. Ankara responded by summoning Iran's ambassador, according to sources from Türkiye's Foreign Ministry.
Earlier, Turkish President, Recep Tayyip Erdoğan, said Iran continued to take “wrong and provocative” steps.
It is the second time that NATO defence systems have destroyed a missile from Iran over Türkiye since conflict in the Middle East broke out on February 28.
Players from the side stood in silence during the playing of the country's national anthem, in their match against South Korea in Australia on March 2. The decision was criticised on Iranian state TV, with one commentator calling for them to be punished.
In a post on social media, U.S. President Donald Trump said it would be a “terrible humanitarian mistake” if the Australian government allowed them to be sent back to Iran and called on the country to give them asylum.
Air France announced it was extending the suspension of flights to and from the Middle East due to the security situation in the region. The airline said that it would maintain its suspension of flights to and from Dubai and Riyadh until March 12, and to and from Tel Aviv and Beirut until March 13.
Leaders of the Shanghai Cooperation Organisation (SCO) have gathered in Bishkek for a summit focused on trade, investment and transport as the group marks 25 years since its creation.
U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday, with Tehran responding by launching ballistic missiles at two U.S. bases in Jordan in the first direct U.S.-Iran military escalation in weeks.
The U.S. has launched a fresh wave of strikes on Iran, targeting Islamic Revolutionary Guard Corps (IRGC) sites as Tehran retaliated against U.S. positions across the region, while Iranian officials said at least five people were killed and dozens wounded at a wedding near Sirik.
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 1st September, covering the latest developments.
Iran’s central bank governor has sought to reassure the country’s financial markets, saying Tehran has enough foreign currency reserves despite mounting U.S. sanctions and economic pressure.
The Council of the European Union has agreed to suspend import duties on a range of Armenian products for two years to support the country’s economy, after Russia imposed trade restrictions.
There's a fresh buzz around the Anaklia Deep-Water Port site this week, with the arrival of a second dredging vessel called the Al-Idrisi, which has now entered the waters off the future port to join its sister vessel, the Tristao Da Cunha.
A search-and-rescue operation is under way in the Sea of Marmara after two Turkish-flagged commercial vessels collided off Istanbul early on Wednesday, after one ship sank with 10 crew members aboard.
Russian President Vladimir Putin pressed Armenian Prime Minister Nikol Pashinyan to clarify whether Yerevan intends to join the European Union (EU) during a meeting on the sidelines of the SCO summit in Bishkek on Tuesday.
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