Iran

Iran to scrap rial for good as parseh becomes small currency unit

The rial, the currency unit used consistently in Iran for almost a century, will be totally abandoned once the country introduces a redenomination. Iran’s new small unit of currency under toman will be named parseh and not rial, as previously reported in the media, based on the terms of a bill sent by the government to the parliament on Wednesday. “Iran’s…

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Rouhani warns intl. waterways won’t be secure as before if Iran oil exports cut to zero

Iranian president Hassan Rouhani has downplayed US threats to completely halt Iran’s oil exports, saying international waterways won’t be safe like before if the Islamic Republic can’t sell its crude. “World powers know that in case of complete sanction of [Iran’s] oil [sales] and bringing down Iran’s oil exports to zero, international waterways cannot enjoy the security like before, so…

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Iran FM warns US against ‘serious miscalculation’ in Persian Gulf

Foreign Minister Mohammad Javad Zarif cautions the United States against attempting to form a naval coalition against Iran under the guise of ensuring maritime security in the Persian Gulf. Zarif made the remarks to NBC News’ Lester Holt on August 17 in an interview in Tehran, whose complete footage was published by the network on Tuesday. “If countries from outside this…

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As Iranians hold nerves, US seeks to scare off trade

The US government is trying to scare commercial flights away from the Iranian airspace, raising the stakes in its “maximum pressure” campaign which has failed to bend the nation. The Federal Aviation Administration (FAA) on Tuesday warned airlines to exercise caution while flying over the Persian Gulf and Gulf of Oman, where tensions have spiked recently following US deployment of…

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FM Zarif: No Pressure on Me for US Sanctions

Iranian Foreign Minister Mohammad Javad Zarif who is on a European tour underlined that he does not feel any pressure by the US sanctions against him, declaring his upcoming visit to Paris to meet his French counterpart and President Macron. Zarif announced upon arrival in Stockholm on Monday evening after a visit to Finland that although he is still under…

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Iran supertanker release proves country’s international might: Military chief

Iran’s top military commander says the release of the Iranian-operated Adrian Darya 1 supertanker, which was seized by British marines in the Strait of Gibraltar last month, proves the Islamic Republic’s power at the international level. “The shooting down of an intruding US spy drone and the seizure of the violating British oil tanker and finally, the release of our country’s tanker…

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Prophet Mohammad (PBUH) announced his successor in his last Hajj pilgrimage fourteen centuries ago!

Tuesday is Eid al-Ghadir, which marks the day when the Prophet of Islam appointed Ali ibn Abi Talib (PBUM) — the first Shia Imam — as his successor and Muslims’ next leader. Prophet Mohammad announced his appointment on the way back from his last Hajj pilgrimage fourteen centuries ago. Muslims worldwide are celebrating Eid al-Ghadir today. Eid al-Ghadir comes eight days…

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Iranian Court Hearing Case of UK Oil Tanker

According to Mohammad Rastad, Britain’s ‘Stena Impero’ oil tanker had been captured by the Iranian military forces with a warrant from the Judiciary, and the documents and evidence of the tanker’s violations have been submitted to the court. The judicial authority, namely the court of Bandar Abbas, is hearing the UK tanker’s case and will issue its ruling considering the…

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Iran Spokesman: US Economic Terrorism Should End

“We have officially announced our view that economic terrorism should end,” Rabiyee said on Monday. Asked if a channel has been opened up for talks with the US, he said that the only channel is the Swiss embassy, which represents the US interests in Iran. Rabiyee also referred to the US sanctions imposed on Foreign Minister Mohammad Javad Zarif, and…

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Commander: Iran to Win Any Enemy-Imposed War

“We have never been after (any) war and will never seek one,” Rear Admiral Sayyari said, addressing a ceremony in Tehran on Tuesday. He underlined that although Iran does not seek war with any state, the nation will be the ultimate winner of “any potential warfare against the Islamic Republic”. Rear Admiral Sayyari pointed to the Iranian military’s defensive developments,…

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