Iran

Iran, Allies Plan Joint But Limited Retaliation Against Israel

On Wednesday, Iranian officials met in Tehran with representatives of the so-called "Axis of Resistance" -- a loose alliance of Tehran-backed groups hostile to Israel -- to discuss retaliation for the deaths of Hamas's leader and Hezbollah's top military commander, said a source close to Lebanese group.

Iran Holds Presidential Election Runoff

Iran holds a presidential election runoff Friday between reformist Masoud Pezeshkian and ultraconservative Saeed Jalili following a record-low turnout in the first round.

Argentina's Request To Arrest Iran's Interior Minister Gets Rejected

Iranian Foreign Ministry Spokesman Nasser Kanaani criticized Argentina for making such baseless accusations. However, the ministry did not mention Vahidi's name in the official statement. Kanaani called Argentina's demand illegal, noting that the demand is based on lies and fabrications.

U.S. says new sanctions on Iran coming soon

US National Security Advisor Jake Sullivan said that the United States will impose new sanctions targeting Iran, including its missile and drone program as well as the Revolutionary Guards and the Iranian defense ministry.

Equities Sink, Oil Rallies On Fears Of Iran-Israel Conflict

Traders were also digesting figures showing Chinese expansion easily beat expectations in the first three months of the year but retail and industrial data came in well below par, suggesting leaders have much work to do to kickstart growth.

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