Iran says oil intermediaries owe billions amid sanctions pressure
Iran says a network of oil intermediaries handling past oil sales owes the government between 10 billion euros and 11 billion euros, in a dispute that has drawn fresh attention to the country's sanctions-hit energy finances. The claim was set out by a spokesperson for the judiciary in September and is now being linked by officials and analysts to the strain on Tehran's oil revenue collection. The debt is described as equivalent to about half of the oil revenue projected in Iran's budget for the current fiscal year.The intermediaries are part of a system Iran developed in 2012 after American... [Continue Reading]
360LiveNews | 12 Oct 2026 23:03 LONDON
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Hardline Iranian MPs move to impeach foreign minister over UN talks
Hardline lawmakers in Iran have filed a motion to impeach Foreign Minister Abbas Araghchi over his talks with US special envoy Steve Witkoff on the sidelines of the United Nations General Assembly in New York last month. The move has exposed a public split inside the Islamic Republic over whether to pursue negotiations with Washington. Parliamentary officials said the request has been registered, but it has not yet been referred for further consideration or placed on the agenda.The motion centres on a meeting held on 22 September, which the lawmakers behind it say took place without authorisation from Iran's top... [Continue Reading]
360LiveNews | 07 Oct 2026 11:33 LONDON
