Tehran has been openly developing an alternative to SWIFT ... expanded financial ties within the APEC framework, thereby supporting Iran’s economic resilience amid ongoing sanctions.

The Impact of U.S. Sanctions on Iran’s Economy For years ... The exclusion from prominent payment systems like SWIFT (Society for Worldwide Interbank Financial Telecommunication) has hampered ...

Russia and Iran sign a 20-year strategic partnership agreement to bolster military, political, and economic cooperation amid ...

Being disconnected from Swift would almost completely isolate Iran from the international financial system. They are the second lot of sanctions re-imposed by Mr Trump since May. US Secretary of ...

Russia and Iran have joined forces to create an alternative to the SWIFT payment system that could power the BRICS alliance.

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Russian President Vladimir Putin is hosting his Iranian counterpart President Masoud Pezeshkian for the signing of a broad ...

If Pakistan does not keep its part of the pipeline agreement with Iran, it will have to shell out a potential $18 billion to ...

Earlier this month, the Biden Administration imposed sweeping sanctions on two major Russian producers and dozens of vessels shipping Russian oil, forcing the Kremlin's top buyers China and India to ...

Trump, who takes office on Monday, has vowed to bring a swift end to the war in Ukraine, though it’s unclear how he’ll ...