The Iranian army announced Wednesday it would deploy a batch of its 62nd military fleet at the territorial waters in the coming days to carry out security patrols. In a statement, the Iranian army said the move aims at countering piracy in the territorial waters. The batch will constitute one destroyer (Bayandor-class) and two warships (Lavan and ...
Governor of the Central Bank of Iran Abdolnaser Hemmati says the country’s foreign exchange reserves are robust despite tightening US sanctions which seek to stem the Islamic Republic’s hard currency stream. Last month, the United States demanded that buyers of Iranian oil stop purchases or face sanctions. The US reimposed ...
