Recently launched government plans to restore stability to the troubled foreign exchange market proved no remedy, as ordinary Iranians continue to see their pockets shrink. At the closure of Iran’s foreign exchange market on Thursday, the country’s national currency, the rial, nosedived to a new record low. A US dollar …

Iranian state media said there was a military training exercise in the area, near the city of Karaj. The news follows an Iranian attack on an Israeli-linked ship and a suspected Israeli attack on an Iranian factory. Reports of a number of explosions in the city of Karaj in Iran …

Recent reports on Iran accelerating its uranium enrichment are pushing Israeli leaders to inspect concrete plans. Israel’s Prime Minister Benjamin Netanyahu, Finance Minister Bezalel Smotrich and Defense Minister Yoav Gallant agreed on Wednesday night on a multiyear defense budget, a large portion of which will be dedicated to preparations for …