News

The history of Ukraine International Airlines, the 28-year-old carrier that just had its first deadly crash in the Iran disaster that killed 176 people

A Boeing 737-800 operated by Ukraine International Airlines crashed shortly after takeoff from Tehran Imam Khomeini International Airport in Iran. Ukraine International Airlines is the 28-year old flag carrier of Ukraine. The airline serves numerous Middle Eastern destinations from Kyiv with a fleet consisting mostly of Boeing aircraft. Visit Business […]
The history of Ukraine International Airlines, the 28-year-old carrier that just had its first deadly crash in the Iran disaster that killed 176 people
News

The world’s oil producers keep a massive amount of capacity in reserve. But it’s almost all in Saudi Arabia and the drone attack messed with that too.

The drone attacks on Saudi Arabia’s oil plants didn’t just halve the country’s production and send the price of oil rocketing. They also harmed the country’s spare production capacity, which can produce some 2 million barrels a day and used during emergencies. Drones hit two refineries owned by state-owned giant […]
The world’s oil producers keep a massive amount of capacity in reserve. But it’s almost all in Saudi Arabia and the drone attack messed with that too.
News

The 2 Instagram influencers detained in Iran are held in a prison where people are reportedly threatened with dismemberment, forced to eat dirt, and sleep on cockroach-infested floors

Jolie King and Mark Firkin, two Australian travel bloggers, have been detained in Iran and are widely reported to be in Tehran’s Evin Prison. The high-security facility is known for holding foreign prisoners, as well as political dissidents and intellectuals. Former detainees describe being marched around in blindfolds, forced to […]
The 2 Instagram influencers detained in Iran are held in a prison where people are reportedly threatened with dismemberment, forced to eat dirt, and sleep on cockroach-infested floors
Markets

Iran’s currency plunges to a record low as US sanctions near

The Iranian rial fell below 100,000 against the US dollar for the first time. US sanctions on Iran go into effect August 6. Follow the rial in real time here. Iran’s currency, the rial, sank to an all-time low over the weekend, falling below 100,000 rials to the dollar, ahead […]
Iran’s currency plunges to a record low as US sanctions near
News

Thousands of Iranians shut down Tehran’s Grand Bazaar in largest protest in years

Thousands of protesters gathered in Tehran’s Grand Bazaar on Monday to rally against rising prices and the Iranian currency’s sinking value because of President Donald Trump’s withdrawal from the 2015 nuclear deal. It was the biggest protest since 2012, when internationally imposed sanctions began to devastate the country’s economy. Iranians […]
Thousands of Iranians shut down Tehran’s Grand Bazaar in largest protest in years