Page 7 - While Iran News Today

While Iran and Turkey produce large, military-grade drones used by Russia and Ukraine, the cheap consumer drones that have become ubiquitous on the front line largely come from China, the world’s biggest maker of those devices.

President Joe Biden approved the release of $6 billion to Iran as part of a hostage ransom and prisoner swap. It follows a similar $1.5 billion hostage deal his same aides arranged during the Obama administration.

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The two giant freighters floated “dark” in the open ocean not far from Indonesia. Their positioning transponders switched off, neither tanker displaye...

From the blog of Joseph Shumunov at The Times of Israel

With the BRICS Summit coming to a close, it seems the addition of new countries to the alliance will not bolster the group’s clout.

Funding from Saudi Arabia and the UAE will help bolster the finances of the collective’s New Development Bank, positioning it as an alternative to World Bank and Asian Development Bank

For world oil markets, a pact is already taking effect.

While Iran and the U.S. make wary diplomatic overtures, a return to their lapsed nuclear agreement remains a distant prospect. But for world oil markets, a pact is already taking