Browsing: Iran

Iran, also called Persia, and officially the Islamic Republic of Iran, is a country in Western Asia.

President: Hassan Rouhani

Capital: Tehran

Population: 81.8 million (2018) World Bank

Currency: Iranian rial

Check out our latest coverage of Iran news and stories.

Early in Asian trading, oil prices experienced a decline following Iran’s retaliatory strike on Israel during the weekend. Despite this, Brent crude, a crucial global oil price benchmark, remained lower but hovered around $90 per barrel on Monday morning.

The Iranian Revolutionary Guards report that seven officers have lost their lives in an Israeli airstrike targeting the Iranian consulate building in Damascus, the capital of Syria. Among the deceased are Brig-Gen Mohammad Reza Zahedi, a high-ranking commander of the elite Quds Force, and Brig-Gen Mohammad Hadi Haji-Rahimi, his deputy.

Russian President Vladimir Putin Thursday held talks with Iranian counterpart Ebrahim Raisi on trade and an expected arms deal. Iranian officials confirmed late November rumours surrounding a large weapons deal, which includes fighter jets, between Tehran and Moscow. This is “the first time Iran has purchased fighter jets since the 1990s, which could be a big shift in the military power balance in [the Middle East],” Russia correspondent Daniel Hawkins told FRANCE 24.