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In what could be a turning point of the war in Yemen, the Houhti Movement and the Saudi-led coalition exchanged prisoners and agreed on a ceasefire along the Yemeni-Saudi border with the mediation of tribal leaders. The development raised hopes Read more
Iranian state television reported that the Aerospace Force of Iran’s Islamic Revolutionary Guards ( IRGC) test – fired several locally developed ballistic missiles. The test could incite a new round of diplomatic tussle between Iran and the US. State Department Read more
Boeing could soon be concluding an agreement with Iran as Tehran invited the US aviation company to negotiations after the US government last month authorized Boeing to do business in the country. If the deal is reached, this will be Read more
Members of the Gulf Cooperation Council (GCC) namely Saudi Arabia, Qatar, Bahrain, Oman, Kuwait and the United Arab Emirates have labelled the Lebanese-based Hezbollah as a terrorist organization a day after Nasrallah lambasted Riyadh for its actions against Lebanon because Read more
Politicians in Lebanon are in disarray following the $3million military aid suspension to the Lebanese army by Riyadh that was followed few days after by travel warnings from Saudi Arabia, Bahrain and Kuwait to the country. The decision is believed Read more
Omani foreign affairs minister Yousuf bin Alawi bin Abdullah met with President Rouhani on Sunday and both officials expressed their wish to increase cooperation between the two countries. The Iranian president described bilateral ties as excellent and hoped that economic, Read more
Iran has stated that it supports the agreement reached between Qatar, Russia, Saudi Arabia and Venezuela in Doha to freeze oil output at January 11 levels without making any commitment whether it would abide by it. After meeting with his Read more
The first cargo train coming from China arrived on Monday in Tehran marking the revival of the ‘Silk Road Economic Belt’ project spearheaded by Beijing with Iran expected to play a major role due to its geographic location. The train Read more
Oil Minister Bijan Zanganeh said crude oil supplies will be increased because European companies have requested hundreds of crude oil barrels per day (bpd) during President Rouhani’s visit to Italy and France. Total agreed to buy 160,000bpd while Eni is Read more
Tehran has recuperated more than $100 billion of its frozen assets, according to government spokesman Bagher Nobakht who said that the assets have been fully released and can be used. The assets frozen under US sanctions have not been released Read more