
Dollar hits record 1,084,000 rials in Iran ahead of snapback deadline
The US dollar rose to a record 1,084,000 rials on Thursday, deepening pressure on Iran’s currency as the deadline for the UN snapback sanctions mechanism approaches.

The US dollar rose to a record 1,084,000 rials on Thursday, deepening pressure on Iran’s currency as the deadline for the UN snapback sanctions mechanism approaches.

China has sharply increased crude imports declared from Indonesia in recent months, an unusual surge that points to possible new workarounds for Iranian oil exports, Bloomberg reported on Wednesday.

Iranian political prisoner Somayeh Rashidi died after several days in hospital following her transfer from Qarchak prison, the judiciary's Mizan news agency reported on Thursday.

Iran’s centuries-old carpet industry, once a symbol of cultural prestige and a $2 billion export powerhouse, is unraveling under US sanctions, shifting consumer tastes and rising competition, industry officials and traders say.

Seven years after Donald Trump quit the nuclear deal, his duel with Ali Khamenei looks lopsided: the US president spoke from New York with renewed leverage, while Iran’s leader replied in taped defiance that evinced more strain than authority.

A clash over Iran’s nuclear path has intensified in Tehran, with hardliners demanding weaponization while others warn such moves invite disaster just three days before the automatic return of UN sanctions.

Republican Senator John Cornyn called on European allies to support and intensify sanctions against Iran, calling it a leading state sponsor of terrorism and an aggressor.

Iran’s intelligence ministry aired a segment on national TV displaying information and documents that it says it obtained from Israel’s intelligence apparatus on the Jewish state's nuclear program

Iran’s Supreme Court has upheld the death sentence of a poet from northern Iran whose works focused on social justice and civil rights, his lawyer said on Wednesday.

Senior Iranian officials highlighted what they called intelligence successes and the urgency of backing armed groups against their arch-foe Israel on Wednesday, a day after Supreme Leader Ali Khamenei delivered a defiant speech.

Iranian President Masoud Pezeshkian denounced Israeli raids on Iran’s nuclear facilities in June as illegal and blasted European powers for triggering the return of UN sanctions in a speech to the United Nations General Assembly on Wednesday.

Iran has begun rebuilding missile production facilities damaged in June’s 12-day war with Israel, but experts say a crucial element for solid-fuel production remains missing: planetary mixers, according to an Associated Press report analyzing satellite imagery.

The Israeli military said it uncovered a rocket in the West Bank city of Tulkarm on Tuesday, the second such incident in recent weeks, in what security officials described as part of an Iranian-directed effort to develop rocket capabilities in the territory.

The Iranian rial fell sharply on Wednesday as markets braced for the reimposition of UN sanctions under the snapback mechanism, with the US dollar trading above 1,074,000 rials on the open market, more than 2% higher than a day earlier.

The looming revival of UN sanctions on Iran is unlikely to halt Tehran’s vital crude exports but could hand Chinese refiners a lucrative advantage, giving them greater access to discounted Iranian oil, Reuters reported on Wednesday.

A British couple held in Iran since January on espionage charges are due to appear in court on Saturday, their family said, expressing alarm at what they described as horrific conditions and repeated rights abuses.

Iran still has the capacity to advance its nuclear weapons program despite devastating US and Israeli airstrikes in June, the head of the UN’s nuclear watchdog said, as Tehran’s nuclear chief acknowledged that key facilities were “destroyed.”

Iran's push to modernize its oil industry through artificial intelligence and advanced drilling techniques faces daunting old obstacles from restricted access to technology to mounting financial constraints which have dogged exports for years.

Iran accused the United States on Wednesday of using new restrictions on its delegation to the United Nations as a tool of political pressure, after Washington limited Iranian diplomats’ movements in New York and denied visas to much of President Masoud Pezeshkian’s media team.

Israel’s ambassador to the United Nations Danny Danon told Iran International on Tuesday there is no prospect of renewed war with Tehran in the near future after US and Israeli strikes on Iran’s nuclear facilities earlier this year.

In Tehran today, debate over Supreme Leader Ali Khamenei’s hardline stance on nuclear negotiations carries an unmistakable echo of the end of Iran’s eight-year war with Iraq in 1988.