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A groundbreaking ceremony for a joint Azerbaijan-Iran bus and truck production plant has been held in the Hajigabul Industrial Park.

Central Bank of Iran's Governor had a meeting with Marcus Leitner Swiss ambassador to Iran regarding developing banking relations.

Turkish Foreign Minister said Turkey is looking into establishing new trade mechanisms with Iran, like the INSTEX system set up by European countries to avoid U.S. sanctions.

Italy's top bank UniCredit SpA and two subsidiaries have agreed to pay $1.3 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, U.S. authorities said.

Central Bank of Iran in a statement said the bank didn't have any request for loan from International Monetary Fund.

Japan has offered emergency relief goods for people in Iran, which has been hit with what is said to be the worst flooding in 70 years.

In the wake of massive flooding in Iran, Pope Francis has sent 100,000 euros (about $113,000) for emergency aid.

Iranian oil exports have recovered almost to pre-sanctions levels, thanks to unflinching demand from China and South Korea.

US authorities have slapped UK-based Standard Chartered with a £840m (£1.1bn) penalty for allegedly violating the International Emergency Economic Powers Act (IEEPA) against Iran and other nations — one of the largest-ever fines imposed on a bank.

India has reduced the amount of oil imported from Iran, but does not intend to abandon the purchases completely, Indian Ambassador in Russia Bala Venkatesh Varma said.