Economy of Iran

BELGRADE - US Ambassador to Belgrade Christopher Hill said on Monday he was unable to confirm whether the US would impose sanctions on Serbia's majority-Russian owned oil company NIS, and noted that, if imposed, the sanctions should not harm the Serbian economy in any way.

Energy and Natural Resources Minister Alparslan Bayraktar emphasized the potential impact of U.S. sanctions on Russian energy company Gazprom, stating that Türkiye could be significantly affected if not granted an exemption.

Iran's foreign ministry on Tuesday slammed the new sanctions by the European Union and Britain against Tehran over its support for Russia's war on Ukraine as unjustified.

The Iranian people will not be affected by the US election, government spokeswoman Fathemeh Mohajerani said today, according to the semi-official Tasnim news agency, after Donald Trump declared victory in the US presidential election.

Iranian photographer Tannaz was on her way to Tehran's airport when European sanctions on flag carrier Iran Air forced her to return home, unable to make it to work in Paris.

The Turkish private sector's total outstanding loans received from abroad recorded $165.1 billion as of April, increasing by $1 billion from the end of 2023, the Central Bank said on June 12.

The long-term loans stood at $154.5 billion, decreasing by $458 million, whereas short-term loans, excluding trade credits, increased by $1.5 billion over the same period to $10.6 billion.

What caused the helicopter crash that killed Iranian President Ebrahim Raisi and what will be the impact of his death on the country's relations with the United States? Who is his most likely successor and what will the day after look like in Iran and the Middle East?

The Turkish private sector's total outstanding loans received from abroad declined by $394 million from the end of 2023 to stand at $163.4 billion as of February, the data from the Central Bank have shown.

In the wake of Iran's recent drone and missile assault on Israel, the European Union (EU) and the United States are gearing up to expand sanctions against Tehran. The move, driven by mounting concerns over Iran's aggressive military actions, marks a significant escalation in international pressure on the Iranian regime.

Israel and Iran traded threats after Tehran's first-ever direct attack on its arch-foe sharply heightened tensions in a region already on edge after six months of war in Gaza.