LONDON Western insurers are slowly reaching deals with Iran as they seek to re-enter a multi-billion dollar market although the pace of business is hampered by banking restrictions ten months on from the lifting of international sanctions.
WASHINGTON The U.S. Treasury moved to disrupt the fundraising and operation of the Iranian-backed Hezbollah group on Thursday, imposing sanctions on four operatives and a firm that have assisted the organization, long seen as a terrorist outfit by Washington.
WASHINGTON Iran has stepped up weapons transfers to the Houthis, the militia fighting the Saudi-backed government in Yemen, U.S., Western and Iranian officials tell Reuters, a development that threatens to prolong and intensify the 19-month-old war.
DUBAI/WASHINGTON An Iranian court has sentenced an Iranian-American businessman and his elderly father to 10 years in prison on charges of cooperating with the United States, Iranian media reported on Tuesday, the latest sign of an intensifying crackdown against Iranians with ties to the West.
LONDON Vodafone has agreed a partnership with Iranian internet firm HiWeb to help modernise its network, the companies said on Tuesday, making the British company the latest Western firm to enter Iran after sanctions were lifted.
LONDON Saudi Arabia is prepared to agree to a ceasefire in Yemen if the Iran-allied Houthis agree, Saudi Foreign Minister Adel al-Jubeir said on Monday, adding that he was sceptical about efforts for peace after previous ceasefire attempts had failed.
LONDON The United States and Britain called on Sunday for an immediate and unconditional ceasefire in Yemen to end violence between Iran-backed Houthis and the government, which is supported by Gulf states. | Video
DOHA Saudi Arabia on Sunday replaced its envoy to Iraq whose comments about Iranian involvement in Iraqi affairs led to diplomatic tension with Baghdad.
RIYADH The Saudi-led coalition fighting the Iran-backed Houthi movement in Yemen attacked a funeral there after receiving incorrect information from Yemeni military figures that armed Houthi leaders were in the area, an investigative body set up by the coalition said on Saturday.
BEIRUT The battle for control of the northern Syrian city of Aleppo intensified on Sunday with air strikes, ground offensives and shelling, the morning after a resurgence in fighting ended a Russian ceasefire, a monitor and rebel groups said.