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...
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...
TOM COTTON:Iran is the world's worststate sponsor of terrorism. Hamas wouldn't exist in the scale and the brutality that it does without Iran's support. And President Biden just last month freed up $6 billion to Iran to use. Now, it may be the case that it hasn't been released...
including Shargi, were released by Iran. Six billion dollars of Iranian oil revenue that had been tied up in a hard-to-access South Korean bank due to U.S. sanctions was transferred to an account in Qatar, supervised by the U.S. Treasury...
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...
The total volume of oil industry trade between Iran and Venezuela has reached nearly $4 billion and Iran aims to raise trade volume to $10 billion and further to $20 billion…. Iran and Venezuela have been strengthening ties for years, including by working together to evade US sanctions ...
When the Taliban assumed control of Afghanistan last month, the group took possession of a U.S.-funded weapons stockpile worth tens of billions of dollars. The U.S. invested nearly $83 billion in bolstering the Afghan National Defense and Security Forces (ANDSF), more than $24 billion of ...
The accord is a 25-year deal with a value of about 60 billion U.S. dollars. It is reported that Oman might have some of the imported gas liquefied for export to its neighbors, in addition to the country's own domestic use. Despite huge gas reserves in the south, Iran has been slow...
think that they're not moving money around is irresponsible to say that to the American people. They are moving money around to threaten those they hate. They hate Israel. They hate America. They are going to continue to use this. It was wrong to release the $6 billion," she insisted....
Royal Dutch Shell Plc was the case heard in the US courts whereby victims of the 9/11 terrorist attack on the World Trade Centre twin towers attempted to obtain $2.1 billion from Shell that Shell rightfully owed to Iran, but could not pay because of sanctions. Havlish had obtained a $...