Economy of Iran

Treasury sanctions Iranian firms for drone sales to Russia

The U.S. Treasury Department has announced that it is levying sanctions against four Iranian companies that it says were involved in sending drones to Russia last month for use in Moscow's war against Ukraine.

Tehran-based Safiran Airport Services, Paravar Pars Company, Design and Manufacturing of Aircraft Engines, and Baharestan Kish Company were all hit with the new sanctions.

Russia blacklists Hollywood actors Ben Stiller, Sean Penn

Russia said on Sept. 5 that it blacklisted 25 U.S. citizens including Hollywood actors Ben Stiller and Sean Penn, in response to sanctions from the United States.

Western capitals, including Washington, have slapped Russia with a slew of unprecedented sanctions its over its offensive in pro-Western Ukraine.

Vintage cars show racy past of Iran’s toppled royalty

Before they were ousted by the 1979 Islamic revolution, Iran's royal family enjoyed a lavish lifestyle with a taste for fast cars quite unlike any ever built.

Now, after half a century hidden away, the royal racers are back on show, with the Iran Historical Car Museum drawing in thousands since it opened to the public in recent weeks.

Iran nuclear talks to resume November 29 after five months

Iran agreed on Nov. 3 to resume talks on November 29 with world powers on reviving a nuclear deal after a five-month gap, with the United States urging a quick resolution.

The indirect negotiations in Vienna come amid mounting pressure on Iran, with Western nations warning that the clerical state's nuclear work is advancing to dangerous levels and Israel threatening to attack.

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