Don’t miss the latest developments in business and finance.

Iran Nuclear Agreement

Iran willing to give Trump diplomacy 'another chance': Iranian official

In 2018, then-President Trump ditched Tehran's 2015 nuclear pact with world powers and reimposed sanctions that have crippled the country's economy

Updated On: 05 Feb 2025 | 11:07 PM IST

Trump calls for new nuclear deal immediately allowing Iran to 'prosper'

The US has long accused Tehran of using a decades-old civilian nuclear program to disguise ambitions to develop weapons, a claim repeatedly denied by Iran

Updated On: 05 Feb 2025 | 11:03 PM IST

Iran praises US cuts on foreign aid funding, looks forward to nuclear talks

Iran's government seems to be welcoming some recent decisions by the United States even though they happen to come from a man Iranian operatives have allegedly been plotting to assassinate. President Donald Trump's moves to freeze spending on foreign aid and overhaul, maybe even end, the US Agency for International Development have been lauded in Iranian state media. The reports say the decisions will halt funding for opponents of the country's Shiite theocracy pro-democracy activists and others supported through programs as part of US government's efforts to help democracy worldwide. At the same time, Iranian officials appear to be signalling that they are waiting for a message from Trump on whether he wants to negotiate over Tehran's rapidly advancing nuclear program. At stake are potentially billions of dollars withheld from Iran through crushing sanctions and the future of a program on the precipice of enriching weapons-grade uranium. And even when signing an executive order

Updated On: 05 Feb 2025 | 12:29 PM IST

Trump likely to restore his 'maximum economic pressure' campaign on Iran

Trump's directive orders the US Treasury secretary to impose "maximum economic pressure" on Iran, including sanctions and enforcement mechanisms on those violating existing sanctions

Updated On: 04 Feb 2025 | 10:06 PM IST

Israel's admission of killing Haniyeh justifies Oct 1 attack: Iranian envoy

Hamas leader Hanieyh's killing came hours after top Hezbollah commander Fuad Shukr was killed in an Israeli air attack on the southern suburbs of Lebanon's capital, Beirut, on July 31

Updated On: 25 Dec 2024 | 7:41 PM IST

Iran plans to install new uranium-enrichment centrifuges, says IAEA report

More enrichment capacity means Iran can enrich uranium more quickly, potentially increasing the nuclear proliferation risk

Updated On: 29 Nov 2024 | 9:43 AM IST

Iran to hold nuclear talks with three European powers in Geneva on Friday

Iranian foreign ministry spokesperson Esmaeil Baghaei later said the deputy foreign ministers of Iran, France, Germany and Britain would take part in the talks

Updated On: 24 Nov 2024 | 7:28 PM IST

UN nuclear agency's board condemns Iran again for failing to cooperate

The UN nuclear watchdog's board on Thursday condemned Iran for failing to cooperate fully with the agency, the second time it has done so in just five months. The International Atomic Energy Agency also called on Tehran to provide answers in a long-running investigation into uranium particles found at two locations that Tehran has failed to declare as nuclear sites. Nineteen members of the IAEA broad voted for the resolution, while Russia, China and Burkina Faso opposed it, and 12 abstained and one did not vote, according to diplomats who spoke on condition of anonymity to describe the outcome of the closed-doors vote. The resolution was put forward by France, Germany and Britain, supported by the United States. It comes at a critical time, ahead of Donald Trump's return to the White House. Trump's first term in office was marked by a particularly tense period with Iran, when the US president pursued a policy of maximum pressure against Tehran. In 2018, Trump unilaterally withdrew

Updated On: 22 Nov 2024 | 6:51 AM IST

Iran's uranium stockpile enriched to near weapons-grade levels, says UN

Iran has further increased its stockpile of uranium enriched to near weapons-grade levels in defiance of international demands, according to a confidential report by the United Nations' nuclear watchdog seen Tuesday by The Associated Press . The report by the International Atomic Energy Agency said that as of Oct. 26, Iran has 182.3 kilograms (401.9 pounds) of uranium enriched up to 60%, an increase of 17.6 kilograms (38.8 pounds) since the last report in August. Uranium enriched at 60% purity is just a short, technical step away from weapons-grade levels of 90%. The IAEA also estimated in its quarterly report that as of Oct. 26, Iran's overall stockpile of enriched uranium stands at 6,604.4 kilograms (14,560 pounds), which represents an increase of 852.6 kilograms (1,879.6 pounds) since the last report in August. Under the IAEA's definition, around 42 kilograms (92.5 pounds) of uranium enriched to 60% purity is the amount at which creating one atomic weapon is theoretically possibl

Updated On: 19 Nov 2024 | 9:41 PM IST

X suspends account on behalf of Iran's supreme leader for violating rules

The social platform X has suspended a new account on behalf of Iran's Supreme Leader Ayatollah Ali Khamenei that posted messages in Hebrew. The account was suspended early Monday with a brief note appended to it saying: X suspends accounts which violate the X Rules. It wasn't immediately clear what the violation was. The Elon Musk-owned social media company did not respond to a request for comment from The Associated Press. The move came after Israel openly attacked Iran for the first time this weekend. Khamenei said in a speech on Sunday that Israel's strikes in response to Iran's ballistic missile attack this month should not be exaggerated nor downplayed, while stopping short of calling for retaliation. The X account opened Sunday with a message in Hebrew reading: In the name of God, the most merciful, a standard Islamic greeting. Khamenei's office has maintained multiple accounts for the 85-year-old supreme leader on X for years and has sent messages in a variety of language

Updated On: 28 Oct 2024 | 10:12 AM IST

Iran moving forward on key aspect of developing a nuclear bomb, claims US

Iran is talking more about getting a nuclear bomb and has made strides in developing a key aspect of a weapon since about April, when Israel and its allies overpowered a barrage of Iranian airstrikes targeting Israel, two top Biden administration officials said Friday. Secretary of State Antony Blinken and national security adviser Jake Sullivan, speaking at separate panels during a security forum in Colorado, said the United States was watching closely for any signs that Iran had made a decision to pursue actual weaponization of its nuclear program. However, Sullivan said, I have not seen a decision by Iran to move in a way that signals it has decided to actually develop a nuclear bomb right now. "If they start moving down that road, they'll find a real problem with the United States," Sullivan said at the Aspen Security Forum, which draws U.S. policymakers, journalists and others. Iran resumed progress on its nuclear program after the Trump administration ended US cooperation wit

Updated On: 20 Jul 2024 | 7:51 AM IST

US, allies clash with Tehran, Moscow over Iranian nuclear programme at UNSC

The United States and its key European allies clashed with Iran and Russia over Tehran's expanding nuclear programme, with the US vowing to use all means necessary to prevent a nuclear-armed Iran in a UN Security Council meeting on Monday. The US, France, Britain and Germany accused Iran of escalating its nuclear activities far beyond limits it agreed to in a 2015 deal aimed at preventing Tehran from developing nuclear weapons, and of failing to cooperate with the UN nuclear watchdog, the International Atomic Energy Agency. Iran and Russia accused the US and its allies of continuing to apply economic sanctions that were supposed to be lifted under the deal, and insisted that Tehran's nuclear programme remains under constant oversight by the IAEA. The clashes came at a semi-annual meeting on implementation the nuclear deal between Iran and six major countries the US, Russia, China, Britain, France and Germany known as the Joint Comprehensive Plan of Action. Under the accord, Tehra

Updated On: 25 Jun 2024 | 11:00 AM IST

AI sniper bot to car bombs: How Israel's Mossad may be striking inside Iran

If Israeli intelligence agency Mossad is to be believed, it is not only able to gather intelligence within Iran but also capture and interrogate enemy operatives on Iranian soil

Updated On: 23 May 2024 | 4:57 PM IST

We had nothing to do with it: US after attack on Iranian consulate in Syria

Shortly after an airstrike widely attributed to Israel destroyed an Iranian consulate building in Syria, the United States had an urgent message for Iran: We had nothing to do with it. But that may not be enough for the US to avoid retaliation targeting its forces in the region. A top US commander warned on Wednesday of danger to American troops. And if Israeli Prime Minister Benjamin Netanyahu's recent broadening of targeted strikes on adversaries around the region to include Iranian security operatives and leaders deepens regional hostilities, analysts say, it's not clear the United States can avoid being pulled into deeper regional conflict as well. The Biden administration insists it had no advance knowledge of the airstrike Monday. But the United States is closely tied to Israel's military regardless. The US remains Israel's indispensable ally and unstinting supplier of weapons, responsible for some 70% of Israeli weapon imports and an estimated 15% of Israel's defense budget.

Updated On: 04 Apr 2024 | 7:12 AM IST

US imposes more sanctions on Iran, Syria penalised for drug trafficking

The United States on Tuesday imposed sanctions on a money exchanger and a group of firms across six countries involved in commodity shipments and business transactions that benefit Iran's military and the Houthi militant group in Yemen and the Hezbollah militia in Lebanon. The Treasury Department's Office of Foreign Assets Control sanctioned six firms, two tankers and a money exchanger, all either based or registered in Liberia, India, Vietnam, Lebanon or Kuwait. They are accused of materially benefiting Iran, the Houthis and Hezbollah. Hezbollah and the Houthis have been launching regular attacks since the onset of Israel's war against Hamas in Gaza, and they have sparked international concern that the war in the Palestinian enclave could spill over into the rest of the Middle East. Hezbollah militants and Israeli troops exchange fire on a near-daily basis along Lebanon's southern border, which has led to the displacement of tens of thousands of people on both sides. Despite losing

Updated On: 27 Mar 2024 | 7:19 AM IST

Iran-IAEA cooperation continuing, no 'plunge' in inspections: Nuclear chief

Eslami said that relations between Iran and the IAEA are continuing on the basis of the safeguards agreements and the Non-Proliferation Treaty, adding no disruption has occurred

Updated On: 18 May 2023 | 8:31 AM IST

Iran says US pullout from nuclear deal 'fatal blow' to rule of law

Ever since its withdrawal, the US has "failed to reverse its wrongful deeds", said the Iranian official

Updated On: 10 May 2023 | 9:01 AM IST

Naval forces from China, Russia, Iran conduct joint drills in Gulf of Oman

Naval forces from China, Iran and Russia all countries at varying degrees of odds with the United States are staging joint drills in the Gulf of Oman this week, China's Defence Ministry has announced. Other countries are also taking part in the Security Bond-2023 exercises, the ministry said Tuesday without giving details. Iran, Pakistan, Oman and the United Arab Emirates all have coastline along the waterbody lying at the mouth of the strategic Persian Gulf. This exercise will help deepen practical cooperation between the participating countries' navies ... and inject positive energy into regional peace and stability, the ministry statement said. The exercises scheduled for Wednesday through Sunday come amid heightened tensions between the U.S. and China over a range of issues, including China's refusal to criticise Moscow over its invasion of Ukraine and continuing support for the Russian economy. The U.S. and its allies have condemned the invasion, imposed punishing economic

Updated On: 15 Mar 2023 | 4:51 PM IST

UN nuclear head meets Iranian officials amid enrichment concerns

The head of the UN nuclear watchdog was meeting with officials in Iran on Saturday, days after it was revealed that the country had enriched particles of uranium to near weapons-grade, raising new alarm over its long-disputed nuclear programme. Rafael Mariano Grossi, the head of the International Atomic Energy Agency, declined to comment on his discussions during a press conference with the head of Iran's nuclear programme, saying the delegation's work was still ongoing. It's an atmosphere of work, of honesty and cooperation," Grossi said. He was expected to speak with reporters again upon his return to Vienna later on Saturday. Earlier this week, the Vienna-based International Atomic Energy Agency reported that uranium particles enriched up to 83.7 per cent just short of weapons-grade were found in Iran's underground Fordo nuclear site. The confidential quarterly report by the IAEA, which was distributed to member states on Tuesday, came as tensions were already high amid months

Updated On: 04 Mar 2023 | 4:38 PM IST

Decision to withdraw from Iran nuke deal great strategic blunder: Official

The previous Donald Trump administration's decision to withdraw from the JCPOA, a crucial agreement on the Iranian nuclear programme, is one of the greatest strategic blunders of US foreign policy in recent years, a top official has said. The Joint Comprehensive Plan of Action (JCPOA), known commonly as the Iran nuclear deal or Iran deal, was reached in Vienna on July 14, 2015, between Iran and the P5+1 together with the European Union. "This (Joe Biden) administration considers the decision on the part of the last administration to withdraw from the JCPOA, one of the greatest strategic blunders of American foreign policy in recent years," State Department Spokesperson Ned Price told reporters at his daily news conference on Monday. The P5+1 include the five permanent members of the Security Council -- China, France, Russia, the United Kingdom and the United States -- plus Germany, which during the Barak Obama administration had entered into an agreement with Iran. The reason the .

Updated On: 10 Jan 2023 | 9:41 AM IST