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Iran could hold nuclear talks with European powers next week, Tasnim says
Iran could hold nuclear talks with European powers next week, Tasnim says

The Star

time20-07-2025

  • Politics
  • The Star

Iran could hold nuclear talks with European powers next week, Tasnim says

DUBAI (Reuters) -Iran, Britain, France and Germany have agreed to hold talks on Tehran's nuclear programme, Iran's semi-official Tasnim news agency reported on Sunday, following warnings by the three European countries that failure to resume negotiations would lead to international sanctions being reimposed on Iran. "The principle of talks has been agreed upon, but consultations are continuing on the time and place of the talks. The country in which the talks could be held next week has not been finalised," Tasnim reported quoting a source informed with the matter. (Reporting by Dubai Newsroom; Editing by Toby Chopra)

Iran reviewing proposal for 5th round of nuclear talks
Iran reviewing proposal for 5th round of nuclear talks

The Star

time20-05-2025

  • Business
  • The Star

Iran reviewing proposal for 5th round of nuclear talks

FILE PHOTO: Atomic symbol and Iranian flag are seen in this illustration taken September 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo DUBAI (Reuters) -Iran received and is reviewing a proposal for a fifth round of nuclear talks with the United States, Deputy Foreign Minister Kazem Gharibabadi said on Tuesday, according to state media. U.S. President Donald Trump said last week that a new nuclear deal with Tehran was getting very close as the latter was provided with a proposal, adding that Iranians need to "move quickly or something bad is going to happen." The U.S. president has repeatedly warned Iran it would be bombed and face severe sanctions if it did not reach a compromise to resolve its disputed nuclear programme. An Iranian official told Reuters that the next round of talks could take place over the weekend in Rome, although this remains to be confirmed. Although a foreign ministry spokesperson said Tehran would continue negotiations, talks remain on shaky ground as both Iran and the U.S. have clashed on the issue of nuclear enrichment. Majid Takht-Ravanchi, another Iranian Deputy Foreign Minister, said on Monday that talks would fail if Washington insists that Tehran refrains from enrichment, which the U.S. says is a possible pathway to developing nuclear bombs. Tehran says its nuclear energy programme has entirely peaceful purposes. During his first, 2017-21 term as president, Trump withdrew the United States from a 2015 deal between Iran and world powers that placed strict limits on Tehran's enrichment activities in exchange for relief from international sanctions. Trump, who branded the 2015 accord one-sided in Iran's favour, also reimposed sweeping U.S. sanctions on Iran. The Islamic Republic responded by escalating enrichment. (Reporting by Dubai Newsroom; Editing by Hugh Lawson)

Iran summons British diplomat over arrest of nationals in UK
Iran summons British diplomat over arrest of nationals in UK

The Star

time19-05-2025

  • Politics
  • The Star

Iran summons British diplomat over arrest of nationals in UK

DUBAI (Reuters) -Iran's foreign ministry summoned the British charge d'affaires in Tehran, state media reported on Monday, over the arrest of Iranian nationals and what it said were "false claims" levelled by Britain against the Islamic Republic. Earlier this month, British police arrested 7 Iranian nationals in two separate operations, with three men charged last week with engaging in conduct likely to assist a foreign intelligence service, in this case Iran. The three men were remanded in custody and will appear at a preliminary judicial hearing on June 6, while the other four men have been released from custody but still face an investigation. "The responsibility for the inappropriate effects of such actions, which appear to be motivated by political motives to exert pressure on Iran, will lie with the British government," state media quoted a foreign ministry official as saying. Britain's charge d'affaires was summoned on Sunday and requested to provide an official explanation regarding the reasons and legal bases for the arrest of Iranian citizens. The British government has placed Iran on the highest tier of its foreign influence register, requiring Tehran to register everything it does to exert political influence in the UK. (Reporting by Dubai Newsroom; Editing by Lincoln Feast.)

Iran's currency drops to a record low amid geopolitical uncertainty
Iran's currency drops to a record low amid geopolitical uncertainty

Zawya

time26-03-2025

  • Business
  • Zawya

Iran's currency drops to a record low amid geopolitical uncertainty

DUBAI - Iran's currency fell below the psychologically key level of 1,000,000 rial per U.S. dollar on Tuesday, as market participants saw no end in sight to sanctions under U.S. President Donald Trump's renewed "maximum pressure" campaign. Trump said earlier this month that he had sent a letter to Iran's top authority, Supreme Leader Ayatollah Ali Khamenei, warning that Iran's nuclear programme could either be dealt with through negotiations or militarily. Khamenei rejected the U.S. offer for talks as a "deception" and Iranian Foreign Minister Abbas Araqchi said last week that negotiations with Washington were impossible unless its policy changed. The apparent diplomatic deadlock has raised fears of potential conflict, although Iranian officials have sought to assuage such concerns. "I am certain there won't be any war as we are fully prepared for such condition... so that no one will think about attacking Iran," Araqchi said on Monday, during a meeting with the Iranian Red Crescent. Iran's currency dropped to a record low of 1,039,000 rial to the U.S. dollar according to which gathers live data from Iranian exchanges. This represents a more than halving of the currency's value since President Masoud Pezeshkian took office last year. Facing an annual inflation rate of about 40%, Iranians seeking safe havens for their savings have been buying dollars, other hard currencies or gold, suggesting further headwinds for the rial. The Iranian rial stood around 55,000 to the U.S. dollar in 2018, when U.S. sanctions were reimposed by the first Trump administration to force Tehran to the negotiating table by limiting its oil exports and access to foreign currency. The U.S. has issued four rounds of sanctions on Iran's oil sales since Trump's return to the White House. (Reporting by Dubai Newsroom, Editing by Louise Heavens and Alex Richardson)

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