TEHRAN, Dec. 4 (Xinhua) -- Iran's Foreign Ministry Spokesman Nasser Kanaani said on Monday that the country has access to its recently released 6 billion U.S. dollars deposited in Qatari banks and can use the money to meet its needs. He made the remarks at a weekly press conference in...
WHERE IS THE $6 BILLION NOW? The funds were not dispersed to Iran. Qatar's central bank is overseeing the funds, which are still in Doha. "The facts are these — no U.S. taxpayer dollars were involved," Blinken told CNN's "State of the Union" on Sunday...
Six billion dollars that Iran had earned from selling its oil had been tied up in a foreign account for years due to U.S. sanctions. According to U.S. officials, Iran can use the money to buy humanitarian goods like food and medicine once the U.S. approves the transactions. The money...
Iraq is a lucrative market for Iranian goods, and Iranian exports to the Arab country have increased by 30 percent over the past seven months, Yahya Ale-Eshaq, chairman of Iran-Iraq Chamber of Commerce said. In the mentioned period, goods worth about 6 billion U.S. dollars have been expor...
In the mentioned period, goods worth about 6 billion U.S. dollars have been exported from Iran to Iraq, Ale-Eshaq said. He stressed the necessity to finalize a monetary pact between Tehran and Baghdad, saying the central banks of the two countries have held talks to sign a currency swap ...
by coordinating an airlift of foreign currency on an unmarked plane flown into the country with a first installment of a nearly $2 billion long-outstanding legal settlement with Tehran from the years of the shah's rule. U.S. sanctions prohibit dollars from being used in transactions with ...
The secretary of the policy-making council of the 14th Iranian financial industry event says Russia’s largest bank which holds an asset value of 290 billion dollars, will certainly participate in this year's Stock Exchange, Bank and Insurance Exhibition in the Islamic Republic. Finance Official...
Iran’s Islamic Revolutionary Guard Guards Corps (IRGC) seized a South Korean-flagged chemical tanker, the MT Hankuk Chemi, in the Strait of Hormuz, detained its crew, and demanded the release of 7 billion dollars of Iranian funds in South Korean banks frozen because of U.S. sanctions. In...
In August 2023, Qatar leveraged its ties with the U.S. and Iran to mediate hostage negotiations between the two adversaries, which led to Washington unfreezing$6 billionin sanctioned Iranian funds to ransom five Americans held by Tehran. The cash windfall incentivized further Iranian hostage-taking...
The Iranian nuclear deal or the Joint Comprehensive Plan of Action (JCPOA) was a failed diplomatic agreement by the Obama administration negotiated by John Kerry to help Iran get 150 billion dollars of U.S. taxpayer money and American banks. Iran then used this money for terrorism. ...