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Iran Accepts Tea in Payment for Sri Lankan Oil Debt

A general view of the main business district as rain clouds gather above in Colombo, Sri Lanka, November 17, 2020. REUTERS/Dinuka Liyanawatte
A general view of the main business district as rain clouds gather above in Colombo, Sri Lanka, November 17, 2020. REUTERS/Dinuka Liyanawatte
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Iran Accepts Tea in Payment for Sri Lankan Oil Debt

A general view of the main business district as rain clouds gather above in Colombo, Sri Lanka, November 17, 2020. REUTERS/Dinuka Liyanawatte
A general view of the main business district as rain clouds gather above in Colombo, Sri Lanka, November 17, 2020. REUTERS/Dinuka Liyanawatte

Iran has agreed to accept Ceylon tea in payment for a Sri Lankan oil debt valued at $251 million, Iranian media reported Thursday.

"In recent negotiations, we reached a written deal to reimburse Iran's debt and interest on it in the form of a monthly shipment of tea produced in Sri Lanka," the head of Iran's Trade Promotion Organization said.

Alireza Peyman-Pak was quoted as saying that "a deal was reached on Tuesday, according to which Sri Lanka will export tea to Iran every month to settle a $251 million debt for Iranian oil supplied to Sri Lanka nine years ago".

In 2016, Ceylon tea made up nearly half of Iranian consumption, but the proportion has declined in recent years, AFP reported.

The barter deal will allow sanctions-hit Iran to avoid having to use up scarce hard currency to pay for imports of the widely consumed staple, Peyman-Pak said.

"Iran and Sri Lanka have great potential to develop mutual trade," he said, adding that Iran's non-oil exports to the country are valued at less than $100 million a year.

Sri Lankan Plantation Industries Minister Ramesh Pathirana said the deal "will not violate any UN or US sanctions since tea has been categorized as a food item under humanitarian grounds", according to the Economynext website.

He added that Iranian banks that have been blacklisted under US sanctions will not be involved in the transaction.

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Pope Leo Summons World's Cardinals for Key Assembly to Help him Govern the Church

A handout picture provided by the Vatican Media shows Pope Leo XIV presiding over the Jubilee Audience in St. Peter's Square, Vatican City, 20 December 2025. EPA/VATICAN MEDIA HANDOUT
A handout picture provided by the Vatican Media shows Pope Leo XIV presiding over the Jubilee Audience in St. Peter's Square, Vatican City, 20 December 2025. EPA/VATICAN MEDIA HANDOUT
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Pope Leo Summons World's Cardinals for Key Assembly to Help him Govern the Church

A handout picture provided by the Vatican Media shows Pope Leo XIV presiding over the Jubilee Audience in St. Peter's Square, Vatican City, 20 December 2025. EPA/VATICAN MEDIA HANDOUT
A handout picture provided by the Vatican Media shows Pope Leo XIV presiding over the Jubilee Audience in St. Peter's Square, Vatican City, 20 December 2025. EPA/VATICAN MEDIA HANDOUT

Pope Leo XIV has summoned the world’s cardinals for two days of meetings to help him govern the church, the Vatican said Saturday, in the clearest sign yet that the new year will signal the unofficial start of his pontificate.

The consistory, as such gatherings are called, will be held Jan. 7-8, immediately following the Jan. 6 conclusion of the 2025 Holy Year, a once-every-quarter century celebration of Christianity.

Leo’s first few months as pope have been dominated by fulfilling the weekly Holy Year obligations of meeting with pilgrimage groups and celebrating special Jubilee audiences and Masses. Additionally, much of his time has been spent wrapping up the outstanding matters of Pope Francis' pontificate.

As a result, the January consistory in many ways will mark the first time that Leo can look ahead to his own agenda following his May 8 election as the first American pope. It is significant that he has summoned all the world’s cardinals to Rome, The Associated Press reported.

Francis had largely eschewed the consistory tradition as a means of governance. He had instead relied on a small group of eight or nine hand-picked cardinal advisers to help him govern and make key decisions.

The Vatican said Saturday that Leo’s first consistory “will be oriented toward fostering common discernment and offering support and advice to the Holy Father in the exercise of his high and grave responsibility in the government of the universal Church.”

Other types of consistories include the formal installation of new cardinals. But no new cardinals will be made at this meeting, which is purely consultative.

World

Iran, UK Foreign Ministers in Rare Direct Contact

Iranian Foreign Minister Abbas Araghchi gestures during a joint news conference with Russian Foreign Minister Sergei Lavrov at Zinaida Morozova's Mansion in Moscow, Wednesday, Dec. 17, 2025. (Ramil Sitdikov/Pool Photo via AP)
Iranian Foreign Minister Abbas Araghchi gestures during a joint news conference with Russian Foreign Minister Sergei Lavrov at Zinaida Morozova's Mansion in Moscow, Wednesday, Dec. 17, 2025. (Ramil Sitdikov/Pool Photo via AP)
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Iran, UK Foreign Ministers in Rare Direct Contact

Iranian Foreign Minister Abbas Araghchi gestures during a joint news conference with Russian Foreign Minister Sergei Lavrov at Zinaida Morozova's Mansion in Moscow, Wednesday, Dec. 17, 2025. (Ramil Sitdikov/Pool Photo via AP)
Iranian Foreign Minister Abbas Araghchi gestures during a joint news conference with Russian Foreign Minister Sergei Lavrov at Zinaida Morozova's Mansion in Moscow, Wednesday, Dec. 17, 2025. (Ramil Sitdikov/Pool Photo via AP)

Iran's Foreign Minister Abbas Araghchi has spoken by phone with his British counterpart Yvette Cooper, an Iranian foreign ministry statement said on Saturday, in a rare case of direct contact between the two countries.

The ministry said that in Friday's call the ministers "stressed the need to continue consultations at various levels to strengthen mutual understanding and pursue issues of mutual interest."

According to AFP, a UK government source said Cooper "emphasized the need for a diplomatic solution on Iran's nuclear program and raised a number of other issues."

The source in London said Cooper raised the case of Lindsay and Craig Foreman, a British couple detained in Iran for nearly a year on suspicion of espionage.

The Iranian ministry statement did not mention the case of the two Britons.

It said Araghchi criticized "the irresponsible approach of the three European countries towards the Iranian nuclear issue", referring to Britain, France and Germany.

The three countries at the end of September initiated the reinstatement of UN sanctions against Iran because of its nuclear program.

The Foremans, both in their early fifties, were seized in January as they passed through Kerman, in central Iran, while on a round-the-world motorbike trip.

Iran accuses the couple of entering the country pretending to be tourists so as to gather information for foreign intelligence services, an allegation the couple's family rejects.

Before Friday's call, the last exchange between the two ministers was in October.

World

Netanyahu Plans to Brief Trump on Possible New Iran Strikes, NBC News Reports

Israeli Prime Minister Benjamin Netanyahu speaks at the plenum of the Knesset, Israel's parliament, in Jerusalem, November 10, 2025. REUTERS/Ronen Zvulun/File Photo
Israeli Prime Minister Benjamin Netanyahu speaks at the plenum of the Knesset, Israel's parliament, in Jerusalem, November 10, 2025. REUTERS/Ronen Zvulun/File Photo
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Netanyahu Plans to Brief Trump on Possible New Iran Strikes, NBC News Reports

Israeli Prime Minister Benjamin Netanyahu speaks at the plenum of the Knesset, Israel's parliament, in Jerusalem, November 10, 2025. REUTERS/Ronen Zvulun/File Photo
Israeli Prime Minister Benjamin Netanyahu speaks at the plenum of the Knesset, Israel's parliament, in Jerusalem, November 10, 2025. REUTERS/Ronen Zvulun/File Photo

US President Donald Trump is ​set to be briefed by Israel's Prime Minister Benjamin Netanyahu that any expansion ‌of ‌Iran's ‌ballistic ⁠missile ​program ‌poses a threat that could necessitate swift action, NBC News reported on Saturday.

Israeli ⁠officials are ‌concerned that Iran ‍is ‍reconstituting nuclear enrichment ‍sites the US bombed in June, and ​are preparing to brief Trump for options ⁠on attacking the missile program again, the NBC report added.

Reuters could not verify the report.

New satellite imagery shows recent activity at the Natanz nuclear facility that was damaged during June's 12-day war with Israel, according to the US-based Institute for Science and International Security (ISIS).

During the June conflict, the IAEA confirmed Israeli strikes hit Iran's Natanz underground enrichment plant.

The think tank said the satellite imagery from December 13 show panels placed on top of the remaining anti-drone structure at the Pilot Fuel Enrichment Plant (PFEP), providing cover for the damaged facility.

It suggested the new covering allows Iran to examine or retrieve materials from the rubble while limiting external observation.

The Natanz uranium enrichment facility, located some 250 km south of the Iranian capital Tehran, is one of Iran's most important and most controversial nuclear facilities in the Middle East.