Three days after attacks on key Saudi oil installations, Europe is mulling a collective response while fingers continue to point at Iran as the culprit.
In a severe attack on a labor protest gathering, special security units injured nearly twenty workers and detained forty more at HEPCO Industrial Complex in the city of Arak, 281 kilometers (174 miles) west of the capital city, Tehran.
The United States blames Iran for a devastating attack on Saudi Arabia and says it is ready to respond, but that would bring on more attacks in the region, which cannot be fully prevented.
Harsher regulations aimed at controlling the political behavior of students in Iranian universities are being implemented, regardless of protests.
The oil market will rally by $5-10 per barrel when it opens on Monday and may spike to as high as $100 per barrel if Saudi Arabia fails to quickly resume oil supply lost after attacks over the weekend, traders and analysts said.
As Houthi drone attacks on Saudi oil establishments on Saturday has led to the most serious escalation resulting from Iran and Saudi 's proxy war in Yemen, Tehran has dismissed U.S. accusations of involvement in the attacks.
Iran suffers from deep-rooted problems in its banking, including a phenomenon called “unidentified account holders" in Iranian banks.
Yemen's Huthi rebels have claimed responsibility for two drone attacks on oil facilities operated by Saudi Aramco earlier on September 14.
Iran has condemned Canada’s move to distribute more than $28 million from sale of its confiscated properties and cash to compensate a group of terror victims.
Iran seems to be facilitating discussions between the Houthis and Western governments, amid its economic crisis. If some sort of agreement is reached, it can help reduction in US-Iran tensions.
Iran ranks 143rd in the world economic freedom index says the latest report published by the Canadian Fraser Institute on Thursday, September 12.
The Islamic Republic has issued a warrant to arrest a movie superstar in Iran for expressing her outage at the death of a female football fan who died of self-immolation.
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