Iran

Iran's Lake Urmia water level reaches 'undeclared' status amid drought crisis

bnm Tehran bureau August 5, 2025

Lake Urmia's water level has hit its lowest measurable point, with officials warning complete drying by summer's end as the crisis deepens.

Iran revives currency redenomination bill but keeps 'rial' as official unit

bne IntelliNews August 3, 2025

MPs opted to retain the 'rial' as the official currency unit, rejecting the government's proposal to rename it ‘toman,’ as was initially announced as part of the plan

Ukraine imposes sanctions on 94 "shadow fleet" captains from multiple countries

bnm Tehran bureau August 3, 2025

Ukraine has imposed sanctions on 94 individuals from Russia, Myanmar, Iran, Pakistan, China, India, Bangladesh and Georgia, as well as five oil transportation companies.

Iran moves to establish defence council amid tensions with Israel

bnm Tehran bureau August 3, 2025

Iran is preparing to establish a Defence Council amid heightened security concerns following the fragile ceasefire that ended a 12-day war with Israel.

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