Article
Iranian Opposition News Outlet Got $800 Million In Debt Relief: Report
Iranian Opposition News Outlet Got $800 Million In Debt Relief: Report
Via Middle East Eye
An $870m debt-relief deal suggests that Iran International, an Iranian opposition outlet, has ties to Saudi Arabian investors, according to a Financial Times report on Thursday. The links stem from documents related to a debt-for-equity swap that Iran International conducted in December to shore up its finances. Iran International has spent hundreds of millions of dollars since its founding in 2017 by British-Saudi investors, the FT reported.
According to the report, Iran International’s parent company, Volant Media UK, has...
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Oil prices extended their rise this morning to six week highs as fighting between the USand Iran continued around the Persian Gulf and threats of a blockade in the Red Sea added to growing uncertainty about the flow of energy from the region.
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