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Iranian oil exports hit new high in 2022 despite US sanctions

Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite US sanctions, according to companies that track the flows, on higher shipments to China and Venezuela. Tehran’s oil exports have been limited since former US President Donald Trump in 2018 exited a 2015 […]

German exports to Iran rise despite diplomatic tensions

German exports to Iran rose last year, according to data seen by Reuters, despite Western condemnation of Tehran’s months-long crackdown against protests. German exports to Iran climbed 12.7 percent year-on-year from January to November 2022 to around €1.5 billion ($1.6 billion), data from the federal statistics office showed. That exceeded the full-year volume for 2021 […]

Elon Musk says around 100 Starlinks now active in Iran

SpaceX chief executive Elon Musk said on Monday that the company is now close to having 100 active Starlinks, the firm’s satellite internet service, in Iran, three months after he tweeted he would activate the service there amid protests around the Islamic country. Musk said, “approaching 100 starlinks active in Iran”, in a tweet on […]

Dozens of merchant ships stuck off Iran as payment snags bite

Dozens of merchant ships with grains and sugar are stuck outside Iranian ports after weeks of delays as payments snags disrupt flows of goods into the country, according to trade sources and shipping data. Food is exempt from the West’s sanctions on Iran over its nuclear programme, but the impact of the sanctions on Iran’s […]

An Iran fan in the Khalifa stadium, Doha, ahead of her team's opening World Cup match against England on November 21. A marine link from Bushehr, southern Iran, to Qatar has opened for the tournament

Qatar scores, with vital assists from Iran, Turkey and the UAE

Alongside the massive investment and the 12 years of preparation, Qatar has called in more than a few favours to aid the smooth running of the World Cup. While its allies have proved keen to help, Doha has had to tiptoe carefully around the geopolitical faultlines that run through the Gulf. Turkey has sent more […]

Binance helped Iranian firms trade $8bn despite sanctions

Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite US sanctions intended to cut Iran off from the global financial system, blockchain data show. Almost all the funds, some $7.8 billion, flowed between Binance and Iran’s largest crypto exchange, Nobitex, according to a review of data from leading […]

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White House in talks with Elon Musk to set up Starlink in Iran

The White House is in talks with billionaire Elon Musk about setting up SpaceX’s satellite internet service Starlink in Iran, CNN reported on Friday, citing officials familiar with the matter. The satellite-based broadband service could help Iranians circumvent the regime’s restrictions on accessing the internet and certain social media platforms. The Islamic Republic has been […]

Paris-based Eutelsat accuses Iran of jamming its satellites

Eutelsat alleged on Thursday that Iran had jammed two of its satellites since Sept 26, adding that it had asked the relevant authorities to stop the interference immediately. Paris-based Eutelsat also said in a statement that it had reminded the Iranian authorities that intentional jamming is “explicitly prohibited” by the International Telecommunication Union (ITU) Radio […]

Iran’s petrochemical capacity to double in next decade: Official

National Iranian Petrochemical Company (NIPC) expects petrochemical production in the country will double in the next decade, IRNA, state-owned news agency, reported. Petrochemical production capacity in the country will reach 200 million tons in a year in the next decade, said NIPC managing director Morteza Shah-Mirzaei. Despite sanctions imposeed on the country, the petrochemical industry is […]

Fears mount over Iran’s inaction on climate change

In just over a year, Iran has endured deadly flash floods, crop-ruining drought, punishing dust storms and heatwaves that have pushed temperatures as high as 48 degrees Celsius – all crises likely fuelled by climate change. But for the people affected, finding help is proving very difficult. Iran is one of just four countries that have […]

Elon Musk says activating Starlink for Iranians after Blinken’s tweet

SpaceX CEO Elon Musk said on Friday that he would activate the firm’s satellite internet service, Starlink, in response to US Secretary of State Antony Blinken’s tweet that the United States took action “to advance internet freedom and the free flow of information” to Iranians. The US Treasury Department on Friday issued guidance expanding internet […]

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WhatsApp says it is working to keep Iranians connected

Meta Platforms Inc’s WhatsApp said on Thursday that it was working to keep users in Iran connected after the country restricted access to the app and social media platform Instagram. WhatsApp “will do anything” within its technical capacity to keep the service accessible and that it was not blocking Iranian phone numbers, the messaging service […]

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Elon Musk’s satellite firm seeks exemption from Iranian sanctions

SpaceX CEO Elon Musk said on Monday that the company will ask for an exemption from sanctions against Iran to provide the firm’s Starlink satellite broadband service in the country. Musk made the statement on Twitter at a time of widespread protests in Iran over the death of a woman in police custody. Some people […]

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Iranian minister says ‘world needs more of its oil’

Iran’s minister of petroleum Javad Owji said the world needed more Iranian oil, and that his country was ready to play a role in providing it away from politics, the Iranian oil ministry’s news agency SHANA reported on Monday. In a statement issued after an OPEC+ meeting in which a minor cut was agreed, Owji […]

UAE says envoy to return to Iran in coming days

The United Arab Emirates (UAE) said on Sunday that its ambassador to Iran, Saif Mohammed Al Zaabi, would return to Tehran “in coming days”, more than six years after the Gulf Arab state downgraded ties with the Islamic Republic. The move is in line with UAE efforts to strengthen relations with Iran “to achieve the […]

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Iran makes first import order using cryptocurrency

Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent US sanctions that have crippled the economy. The order, worth $10 million, was a first step towards allowing the country to trade through digital assets that bypass […]

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EU puts forward new draft text to revive Iran nuclear deal

The European Union’s foreign policy chief said on Tuesday he has proposed a new draft text to revive the 2015 Iran nuclear deal, saying there is no room left for further major compromises. “I have now put on the table a text that addresses, in precise detail, the sanctions lifting as well as the nuclear […]

President Joe Biden in Jeddah

Biden boosts relations but fails to move the dial

The president hoped to reset Washington’s relationship with the Middle East last weekend. In this in-depth analysis, AGBI explores how he performed on Israel, Iran, human rights and oil President Joe Biden’s whirlwind tour of the Middle East sought to reinforce America’s commitment to the region after several years of disengagement. In a speech to […]

US former secretary of state Mike Pompeo

Iran sanctions 61 more Americans as nuclear talks hit impasse

Iran has imposed sanctions on 61 more Americans, including former secretary of state Mike Pompeo, for backing an Iranian dissident group. Months of talks to revive a 2015 nuclear deal remained at an impasse despite president Joe Biden’s trip to the Middle East, which ended yesterday. Others blacklisted by Iran’s Foreign Ministry for voicing support […]

US president Joe Biden and Israeli prime minister Yair Lapid are delighted to have signed the security pledge at Waldorf Astoria Hotel in Jerusalem

Biden’s ‘Jerusalem Declaration’ could slash UAE-Iran trade

The US and Israel pledged today to deny Iran nuclear weapons – a move that could dissuade global trade partners from dealing with Tehran, experts have said. The freshly united stance from US president Joe Biden and Israeli prime minister Yair Lapid represents a rare show of unity by allies long divided over Iran diplomacy. The […]