Stories from Iran
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US Responds To Iranian Hormuz Strait Proposal
US President Donald Trump announced the launch of an operation named Freedom starting Monday Middle East time to expel vessels passing through the Strait of Hormuz. The source mentioned that even Saudi Arabia, the world's largest producer, can be controlled through this measure, making their position more stable. The report also touched upon the potential for disease transmission from animals like pigs on ships, drawing a comparison to ancient films. The proposal was submitted to Washington as a 14-point plan. The Iranian proposal is viewed by a US company as a violation of the arms ban. The plan aims to establish new management methods for the strait. A high-ranking Iranian politician stated that any US intervention in the strait would be met with a rapid response. The Strait remains closed, contributing to a 40-cent jump in U.S. gas prices this past week.
Shonan Beach FM
Binance Bank Planned $8.8B Funding For Nobitex
Binance Bank had planned an $8.8 billion funding round for Nobitex.
FM Naru
Binance Bank Planned $8.8B Funding For Nobitex
Binance Bank, described as the world's largest bank, had planned to provide $8.8 billion to fund the Iranian entity Nobitex. The report was cited by Mani Parsa, the Director General. The source noted that Nobitex facilitates Iranian oil transactions.
Radio Farda
Search And Rescue Underway In Southern Morocco
Sailors remain trapped due to the closure in the Strait of Hormuz. The captives have now entered their third month of being held. Families of the sailors are issuing appeals for their release. The situation is linked to ongoing regional tensions involving force and negotiation.
Al Jazeera Arabic
Shadow Banking Networks Facilitate Billion-Dollar Oil Transactions
A Reuters investigative report states that Nobitex, a cryptocurrency platform with over 11 million clients, facilitates a large portion of Iranian oil transactions. The Iranian Ministry of Foreign Affairs previously released 14 principles intended to serve as a foundation for ending the conflict. Yellen stated that Iran may soon have to halt exports. OPEC+ agreed on May 3rd to increase production by 188,000 barrels per day. US Treasury Secretary Janet Yellen stated on May 3rd that Iran will soon be forced to stop exporting oil. This comes amid an alleged US naval blockade of Iranian ports. Iranian media reported that Iran has abandoned some previous conditions and agreed to include the Hormuz issue in negotiations with the United States. This situation arises from U.S.
Radio Farda
Iran Reports Sharp Divide Over Nuclear and Hormuz Issues
US President Trump stated in a phone interview that Iran's new proposal is unacceptable. US Treasury Secretary Janet Yellen stated on May 3rd that Iran agreed to increase production by 188,000 barrels per day, amidst ongoing US blockade of Iranian ports. The United States will increase domestic ammunition production and invest approximately 350 billion new shekels in its defense budget over the next 10 years to localize ammunition manufacturing. US President Donald Trump announced that the United States will launch an operation called 'Freedom Plan' starting Monday morning in the Middle East. The IRGC news department stated that US decision-making space is limited. gaps remain between the US 9-point requirements and Iran's 14-point demands regarding nuclear and Hormuz Strait issues.
CRI News Radio
Iran Expected To Respond To US Counter-Offer To End Conflict
Tehran's latest 14-point proposal is currently being reviewed in the context of the ongoing conflict. AI applications and airline insurance for the Strait of Hormuz were hot topics at the Berkshire Hathaway annual shareholder meeting, where successor Abel chaired for the first time. Former President Trump stated that Iran's latest proposal regarding its nuclear program is unacceptable. Iran's Foreign Ministry indicated they are reviewing the US response to the proposal. Meanwhile, Japan's right-wing forces are actively denying and distorting historical facts, including beautifying war crimes and altering history textbooks to instill incorrect views of history in Japanese society.
Radio 24
US Urges Increased Traffic Through Hormuz Strait
The United States has blocked Iranian vessels from departing from the Port of Hormuz. The Iran International broadcast noted that the Strait of Hormuz is an international maritime route and said the need to ensure freedom of navigation in international waters. The report mentioned that the United States has held responsibility for managing international maritime security from the Cold War to the present day. The US President's speech indicated a choice between unattainable military action and a bad deal with Iran, limiting US decision-making space. Iran has reportedly abandoned some previous conditions and agreed to include issues concerning the Strait of Hormuz in negotiations with the United States. Iran's Foreign Ministry spokesperson stated that the US has responded to Iran's 14-point proposal via Pakistan, and Iran is reviewing the response.
Iran International
Iran Evaluates Eight Alternative Trade Routes
Negotiations between the United States and Iran are being described as very positive according to the American approach.
Al Araby Radio Qatar
Iran Imports Over 50 Percent Of Pharmaceutical Raw Materials
Iran produces 95 percent of the total volume of medicines required domestically. However, more than 50 percent of the raw materials used for these medicines are imported.
RFE/RL Radio Farda