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Iran urges South Korea to ‘act wisely’, release its frozen funds
Jul 31, 2023 08:38Tehran has urged South Korea to “act wisely” and release billions of dollars worth of Iranian funds frozen in South Korean banks under the pretext of US sanctions.
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Iran to spare no efforts to unfreeze funds in South Korea: Official
Jul 30, 2023 03:07Iranian deputy president for legal affairs says the country will spare no legal efforts to force South Korea to release nearly $7 billion worth of Iranian funds that have remained blocked in the country for the past five years because of Seoul's compliance with US sanctions on Tehran.
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Iran to benefit from gas-for-oil barter deal with Iraq: Businessman
Jul 30, 2023 02:48A senior Iranian businessman says a recent deal between Iran and Iraq to swap Iranian gas and electricity for Iraqi crude oil and mazut will benefit Iran and will remove hurdles created by the United States in energy trade between the two neighboring countries.
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Iran to refer case of frozen funds in South Korea to arbitration
Jul 29, 2023 08:32Iran has commenced formal legal proceedings against South Korea as Seoul refuses to release billions of dollars worth of Iranian funds on the pretext of US sanctions.
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US intel report claims China giving economic lifeline to Russia amid sanctions
Jul 28, 2023 09:22A declassified US intelligence report claims China’s economic ties with Russia have helped limit the effect of anti-Mocow sanctions imposed by the West over Russia's military operation in Ukraine.
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Western sanctions, support for terrorists behind humanitarian crisis in Syria: Mekdad
Jul 28, 2023 09:03Syria’s Foreign Minister Faisal al-Mekdad says unilateral sanctions imposed by the United States and its Western allies, together with their support for Takfiri terrorist groups, have thrown the Syrian nation into humanitarian suffering.
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Iran condemns Damascus bomb attack, calls for removal of anti-Syria sanctions
Jul 28, 2023 03:40Iran’s foreign ministry spokesman has condemned a Thursday bomb attack hitting the Syrian capital Damascus, calling on the world to help Syria by trying to end the “cruel sanctions” on the Arab nation.
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Iran produces yellow cake from phosphate
Jul 26, 2023 06:10Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami lauded local scientists for producing yellow cake from phosphate.
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US addiction to sanctions will prove to spell its downfall: Report
Jul 26, 2023 05:47Washington’s widespread use of illegal sanctions as a political tool to punish independent and rival governments as well as politicians and traders have prompted a broad coalition of nations across the globe to “rewrite” the rules of international financial system aimed at ending the US-dominated order, a major Washington-based journal vows.
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Iran climbs to 7th place among world’s top steel producers: WSA
Jul 26, 2023 03:23Iran has moved up to seventh place among top steel producers in the world, according to the latest report by the World Steel Association (WSA).