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Fars News reports the oil ministry has transferred $7.5bn of oil-related foreign-exchange receipts to the Central Bank of Iran, funds the ministry says will cover government FX spending through January next year. The ministry also says Iran has ample

2026-08-29

Fars News reports the oil ministry has transferred $7.5bn of oil-related foreign-exchange receipts to the Central Bank of Iran, funds the ministry says will cover government FX spending through January next year. The ministry also says Iran has ample oil for sale to meet budget needs, maritime transport limits are not constraining shipments, and budgeted oil revenue reached 99% of target in the first four months of the year.

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2026-08-29

Iranian President PEZESHKIAN said the war has exacerbated Iran's fuel shortages.

Iranian President PEZESHKIAN said the war has exacerbated Iran's fuel shortages.
2026-08-29

U.S. Congresswoman Yassamin Ansari has harshly criticized the Trump administration's military action against Iran and called for the impeachment of Defense Secretary Peter Hegseth. In the six months since Trump launched this illegal war, a U.S. airst

U.S. Congresswoman Yassamin Ansari has harshly criticized the Trump administration's military action against Iran and called for the impeachment of Defense Secretary Peter Hegseth. In the six months since Trump launched this illegal war, a U.S. airstrike on a school has killed 120 children; 18 U.S. service members have been killed; Americans are suffering from record-high oil prices; and Trump and his sons have profited immensely by investing in defense technology companies that have secured government contracts. Trump and Hegseth have achieved nothing in this war; soldiers, children, and innocent civilians have died needlessly. This war must end, and Peter Hegseth must be impeached.
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