Iran US

Iranian unfrozen funds wired to Qatari banks: Reuters

Iran and the United States have been informed that $6 billion in frozen Iranian funds were transferred to accounts in Qatar, Reuters said on Monday citing an informed source said.

Iran Economy

Iran-US trade exchanges hit $31 million in January-July

Iran and the United States have exchanged more than $31 million worth of non-oil commodities in the first seven months of 2023, according to a report by the US Bureau of Statistics cited by Tasnim news agency.


Frozen Iranian assets transferred to Swiss central bank - Reuters

Iranian assets that had been frozen in South Korea were transferred to Switzerland’s central bank last week for exchange and transfer to Iran, according to a Monday report by Reuters which cited South Korean media.

Iran Economy

Report reveals more details of unblocking Iranian funds in South Korea

The process to unblock Iran’s funds in South Korea that have started under an emerging prisoner swap deal between Iran and the US would take at least four weeks, according to a report published by a local Iranian news agency.

Iran Economy

Iran wins release of over $10bn worth of blocked funds: Source

A source has revealed that Iran has finally gained access to more than $10 billion worth of its funds that were illegally frozen in bank accounts in South Korea and Iraq because of alleged compliance with US sanctions.

Financial Markets

Iran determined to ditch US dollar in trade: CBI governor

De-dollarization is a strategic policy pursued by the Central Bank of Iran (CBI), says CBI Governor Mohammadreza Farzin.

Financial Markets

Iran’s January imports from US hit $3 million

Iran imported $3.1 million worth of goods from the US in the first month of 2023, down 36.73% compared with $4.9 million in January 2021, the latest data released by the US Census Bureau show.


Iran-US trade tops $56 million in 2022

Iran’s trade with the US stood at $56.7 million in 2022, registering a 40% rise compared with the previous year.


US renews waiver for Iran’s gas field shared with UK

The US government has renewed a sanctions waiver for the Rhum gas field in the UK North Sea in which Iran has a 50% stake.


Iran’s 11-month trade with US at $51.3 million

Iran’s trade with the US stood at $51.3 million during the first 11 months of 2022, registering a 37.53% rise compared with the previous year.