Oil prices rise further as Israel-Iran extends into fourth day
Oil prices extended gains Monday as Israel and Iran pounded each other with missiles for a fourth day and threatened further attacks, stoking fears of a lengthy conflict that could reignite inflation. Gold prices also rose back towards a record high thanks to a rush into safe havens, but while most equity markets dropped further […]
Iran’s president Ebrahim Raisi says it will spend $6bn US prisoner swap funds ‘wherever we need it’
Iran’s president has said his government will decide how it will spend $6bn released by the United States under a prisoner exchange deal. The US has issued a sanctions waiver for international banks to transfer the billions in frozen Iranian funds – paving the way for the release of a British national and four Americans […]
Americans detained in Iran moved to house arrest under prisoner swap deal
Five Americans imprisoned in Iran have been released and placed under house arrest as part of the first step of a planned prisoner exchange between Tehran and Washington, officials have said. The US-Iranian dual nationals include businessmen Siamak Namazi, 51, and Emad Shargi, 58, as well as environmentalist Morad Tahbaz, 67, who also has British […]
American jailed in Iran appeals to Biden in unprecedented interview from country’s best-known prison
During an unprecedented interview with CNN from inside Iran’s notorious Evin prison, the longest-serving American in Iran made an emotional plea to US President Joe Biden to put “freedom of innocent Americans above politics” and intensify your efforts to win their release. “I continue to be deeply concerned that the White House doesn’t realize how […]
