Yemen
Israeli military says it launched strikes against Houthi targets in Yemen
The Israeli military said it attacked Houthi targets in the ports of Hodeidah, Ras Isa and Salif, and Ras Qantib power plant in Yemen on Monday.
Iran and Russia have finalised an agreement to trade in their local currencies instead of the U.S dollar, Iran's state media reported on Wednesday.
Both Iran and Russia are subject to U.S. sanctions © Mena Today
Iran and Russia have finalised an agreement to trade in their local currencies instead of the U.S dollar, Iran's state media reported on Wednesday.
The agreement was finalised during a meeting between the governors of the two countries' central banks in Russia, it said.
Both Iran and Russia are subject to U.S. sanctions.
"Banks and economic actors can now use infrastructures including non-SWIFT interbank systems to deal in local currencies," state media said.
Members of the Russian-led Eurasian Economic Union (EEU) signed a fully-fledged free trade agreement with Iran on Dec. 25.
Iran has become increasingly important for the Kremlin after Western sanctions over Moscow's conflict in Ukraine limited Russia's foreign trade routes and forced it to look for markets outside Europe.
Iranian authorities have said military cooperation with Russia is expanding. Iran said in November it had finalised arrangements for Russia to provide it with Su-35 fighter jets, Mi-28 attack helicopters and Yak-130 pilot training aircraft.
Reporting by Elwely Elwelly; editing by Christina Fincher
The Israeli military said it attacked Houthi targets in the ports of Hodeidah, Ras Isa and Salif, and Ras Qantib power plant in Yemen on Monday.
Russian Foreign Minister Sergei Lavrov met on Sunday with his Iranian counterpart at the BRICS summit, and restated Moscow's offer to help resolve disputes around Tehran's nuclear programme, the Russian Foreign Ministry said.
Leaders of the BRICS group of developing nations on Sunday condemned attacks on Gaza and Iran, called for reforms of global institutions and presented the bloc as a haven for multilateral diplomacy amid violent conflicts and trade wars.
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