Iran
Iranian currency markets tumble following Trump’s announcement on direct Iran-US talks
The US dollar recorded a 5.53% decline compared to the previous day’s close, selling at IRR999,500 on Tehran’s Ferdowsi Street.
Iranian rial posts significant gains against major currencies following US-Iran talks news
The Iranian rial has strengthened against major global currencies, with the US dollar falling 5.86% to IRR996,000 following US President Donald Trump's announcement of direct talks with Iran.
Trump tells Israel's Netanyahu in meeting that US is holding direct talks with Iran
US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu met at the White House on the evening of April 7, with discussions focusing heavily on Iran's nuclear programme and the ongoing Gaza conflict.
Iranian President Pezeshkian says US must prove it seeks genuine negotiations
Iranian President Masoud Pezeshkian has stated that while Iran believes in negotiations, it will not engage in talks "at any cost", stressing that the United States must prove it seeks genuine dialogue.
Turkey says it wants no confrontation with Israel in Syria
“Unfortunately Israel is taking out, one by one, all military capabilities that a new state can use,” says Turkish foreign minister.
Middle East markets suffer massive losses as Trump tariff effects continue
Middle East stock markets continued to bleed losses at the start of trading on April 7, as the effects of US tariffs on numerous countries persist.
Netanyahu to discuss Turkey-Israel relations with Trump at White House on April 7
Threat to bomb Iran over its nuclear programme also on agenda.
Oil falls 3.75% amid global trade war recession fears
Oil prices fell 3.75% on April 7, continuing last week's losses, as escalating trade tensions between the United States and China fuelled fears of an economic recession that could reduce crude demand.
Iran ready for indirect US talks but says direct negotiations "meaningless"
Iran's Foreign Minister Abbas Araghchi has indicated Tehran's readiness to explore indirect talks with the United States while dismissing direct negotiations as "meaningless."
Iranian president calls for domestic FATF to combat corruption
Iranian President Masoud Pezeshkian has stated that implementing a domestic version of the Financial Action Task Force (FATF) framework would prevent many instances of corruption through data monitoring rather than physical oversight.
BMI: New US tariffs set to reshape economic landscape across Middle East
The recently announced US tariffs threaten to redefine economic trajectories across the Middle East and North Africa region, with varying impacts likely across oil exporters and importers.
Iranian MP warns Trump is bluffing with threats against Tehran
Abolfazl Zohrehvand, a member of the National Security and Foreign Policy Commission of Iran's 12th Parliament, has said that US President Donald Trump is using threats as a method to advance his goals regarding the country.
Iran unveils jet-powered Jas 313 drone for reconnaissance and bombing missions
Iran has introduced a new reconnaissance and bomber drone called "Jas 313," equipped with jet engines, as the latest addition to its unmanned aerial vehicle fleet.
Trump's tariff formula revealed and its shockingly simple
Trump's controversial tariffs seem based on a straightforward calculation: taking each nation's trade surplus with the US and dividing it by that country's total US exports to determine the tariff percentage.