Iran Exerts More Efforts to Release Frozen Assets

Iranian Vice President Mohammad Mokhber responds to journalists on the sidelines of the government meeting (IRNA)
Iranian Vice President Mohammad Mokhber responds to journalists on the sidelines of the government meeting (IRNA)
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Iran Exerts More Efforts to Release Frozen Assets

Iranian Vice President Mohammad Mokhber responds to journalists on the sidelines of the government meeting (IRNA)
Iranian Vice President Mohammad Mokhber responds to journalists on the sidelines of the government meeting (IRNA)

Iran's assets frozen by US sanctions have been released in some countries, and Tehran is trying to access the rest, announced First Vice President Mohammed Mokhber.

Mokhber told reporters that preparations had been made to secure the release of the blocked assets in other countries without naming them or providing details.

He highlighted the administration's efforts to contain inflation in the country, despite the Ukrainian war and the widespread protests that erupted after the death of Kurdish Mahsa Amini during police custody.

The annual inflation in the last Iranian year, which ended on March 20, dropped from 59 percent in August 2021 to 46 percent, said Mokhber.

- US denies interim agreement

US and Iran denied press reports that they had reached an interim agreement, including releasing the frozen assets in exchange for Iranian nuclear concessions and releasing Iranian-US detainees.

US State Department spokesman Matthew Miller said in a press conference that the reports of an interim deal are "completely false."

Asked about negotiations with Iran, Miller asserted that the US administration always had the "ability" to deliver messages to Iran when it's in Washington's interests to do so.

He reiterated that the administration is committed to ensuring that Iran never obtains a nuclear weapon, recalling that "diplomacy is the best means to accomplish that."

Miller confirmed that Iran could only access its funds held in accounts for Iraq for humanitarian and other non-sanctionable transactions.

"The United States has approved similar transactions on an ongoing basis, consistent with US law and in full coordination with the Government of Iraq."

On Monday, Iranian Foreign Ministry spokesman Nasser Kanaani said during a press conference that his country might conclude an imminent agreement for exchanging prisoners, noting that there is no such thing as negotiations for an interim agreement or new arrangements to replace the nuclear deal.

The reports said Iran's frozen assets in South Korea, Iraq, and the International Monetary Fund are expected to be released.

Last week, Iraq agreed to pay Iran about $2.76 billion in gas and electricity debt after receiving a sanctions waiver from the US.

Iraqi Foreign Ministry spokesperson Ahmed al-Sahhaf said in a brief statement that Foreign Minister Fuad Hussein had made progress "regarding financial dues between Iraq and Iran during his discussion with his American counterpart in Riyadh" when asked about the funds.

Hussein met the US Secretary of State Antony Blinken on the sidelines of the Riyadh Conference last Thursday.

- Banking discussions in Qatar

Meanwhile, the official IRNA news agency reported that the governor of the Central Bank of Iran, Mohammad Reza Farzin, met his Qatari counterpart in Doha.

The Iranian ambassador to Qatar, Hamid Dehghani, tweeted that the policy of strengthening relations with neighboring countries requires developing monetary and banking cooperation.

Qatar News Agency (QNA) stated that Farzin held talks with the Governor of Qatar Central Bank (QCB), Sheikh Bandar bin Mohammed bin Saoud Al-Thani and discussed the bilateral relations between the two countries in the financial and banking fields.

The Central Bank of Iran stated that Farzin's visit to Doha comes within the government's regional diplomacy framework to boost monetary, banking, and economic cooperation.

The governor will talk with banking officials in Qatar to strengthen bilateral and multilateral relations.

Aside from the US sanctions preventing Iran from dealing in dollars and severing its banks' connection to the SWIFT network, Iranian banks face international restrictions.

Paris-based Financial Action Taskforce (FATF) placed Iran on its blacklist after it failed to comply with international anti-terrorism financing norms.



Thousands Stage Pro-Gaza Rally in Istanbul

Demonstrators gather on the Galata Bridge holding Palestinian and Turkish flags during a pro-Palestinian rally in Istanbul, Türkiye, Thursday, Jan. 1, 2026. (AP Photo/Khalil Hamra)
Demonstrators gather on the Galata Bridge holding Palestinian and Turkish flags during a pro-Palestinian rally in Istanbul, Türkiye, Thursday, Jan. 1, 2026. (AP Photo/Khalil Hamra)
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Thousands Stage Pro-Gaza Rally in Istanbul

Demonstrators gather on the Galata Bridge holding Palestinian and Turkish flags during a pro-Palestinian rally in Istanbul, Türkiye, Thursday, Jan. 1, 2026. (AP Photo/Khalil Hamra)
Demonstrators gather on the Galata Bridge holding Palestinian and Turkish flags during a pro-Palestinian rally in Istanbul, Türkiye, Thursday, Jan. 1, 2026. (AP Photo/Khalil Hamra)

Thousands joined a New Year's Day rally for Gaza in Istanbul Thursday, waving Palestinian and Turkish flags and calling for an end to the violence in the tiny war-torn territory.

Demonstrators gathered in freezing temperatures under cloudless blue skies to march to the city's Galata Bridge for a rally under the slogan: "We won't remain silent, we won't forget Palestine," an AFP reporter at the scene said.

More than 400 civil society organizations were present at the rally, one of whose organizers was Bilal Erdogan, the youngest son of Turkish President Recep Tayyip Erdogan.

Police sources and Anadolou state news agency said some 500,000 people had joined the march at which there were speeches and a performance by Lebanese-born singer Maher Zain of his song "Free Palestine".

"We are praying that 2026 will bring goodness for our entire nation and for the oppressed Palestinians," said Erdogan, who chairs the board of the Ilim Yayma Foundation, an educational charity that was one of the organizers of the march.

Türkiye has been one of the most vocal critics of the war in Gaza and helped broker a recent ceasefire that halted the deadly war waged by Israel in response to Hamas' unprecedented attack on October 7, 2023.

But the fragile October 10 ceasefire has not stopped the violence with more than more than 400 Palestinians killed since it took hold.


Ukraine Says Overnight Russian Drone Attack Damaged Power Infrastructure

In this handout photograph taken by the Ukrainian Emergency Service and released on January 1, 2025, Ukrainian firefighters extinguish a fire at the site following an air attack in Odesa region, amid the Russian invasion of Ukraine. (Photo by UKRAINIAN EMERGENCY SERVICE / AFP)
In this handout photograph taken by the Ukrainian Emergency Service and released on January 1, 2025, Ukrainian firefighters extinguish a fire at the site following an air attack in Odesa region, amid the Russian invasion of Ukraine. (Photo by UKRAINIAN EMERGENCY SERVICE / AFP)
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Ukraine Says Overnight Russian Drone Attack Damaged Power Infrastructure

In this handout photograph taken by the Ukrainian Emergency Service and released on January 1, 2025, Ukrainian firefighters extinguish a fire at the site following an air attack in Odesa region, amid the Russian invasion of Ukraine. (Photo by UKRAINIAN EMERGENCY SERVICE / AFP)
In this handout photograph taken by the Ukrainian Emergency Service and released on January 1, 2025, Ukrainian firefighters extinguish a fire at the site following an air attack in Odesa region, amid the Russian invasion of Ukraine. (Photo by UKRAINIAN EMERGENCY SERVICE / AFP)

A Russian drone attack damaged power infrastructure in several Ukrainian regions overnight, Ukraine's energy ministry said on Thursday.

The ministry said a "significant number" of households in the ⁠Volyn and Odesa regions - in northwestern and southwestern Ukraine, respectively - were disconnected from power supplies by the ⁠strike, as well as some in the Chernihiv region north of the capital Kyiv.

The governor of Volyn said more than 103,000 households in that region had ⁠lost power as a result of the attack. Volyn region is several hundred kilometers from the front line and borders NATO member Poland.

Meanwhile, the Ilskiy oil refinery in Russia's southern Krasnodar region was hit by debris from a Ukrainian drone, causing a fire which ⁠had been put out overnight, local authorities said on Thursday.

Ukrainian drones also struck an energy storage facility in the Russian city of Almetyevsk, causing a fire that has since ⁠been extinguished, Russian media cited the press service of the local governor as saying.

Almetyevsk ⁠is located around 1,700 km from Ukrainian-held territory, in the oil-rich Volga river region of Tatarstan.

Kyiv has since August stepped ⁠up drone attacks on Russia's energy infrastructure in an effort to squeeze Moscow's ability to finance its military campaign in Ukraine.

The Russian-installed governor of Ukraine's southern Kherson region accused Ukraine on Thursday of killing at least 24 people, including a child, in a drone strike on a hotel and cafe where New Year celebrations were being held.

The governor, Vladimir Saldo, made the allegation in a statement on the Telegram messaging service. A local pro-Russian news outlet published pictures of a badly damaged building, where it said the strike took place.

Ukraine's military did not immediately respond to an emailed request for comment. Reuters was not able to ⁠immediately verify the images or the allegation.


‘Several Tens’ Dead, About 100 Injured in Fire at Swiss Alps Resort During New Year’s Celebration

 Police officers inspect the area where a fire broke out at the Le Constellation bar and lounge leaving people dead and injured, during New Year’s celebration, in Crans-Montana, Swiss Alps, Switzerland, Thursday, Jan. 1, 2026. (Alessandro della Valle/Keystone via AP)
Police officers inspect the area where a fire broke out at the Le Constellation bar and lounge leaving people dead and injured, during New Year’s celebration, in Crans-Montana, Swiss Alps, Switzerland, Thursday, Jan. 1, 2026. (Alessandro della Valle/Keystone via AP)
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‘Several Tens’ Dead, About 100 Injured in Fire at Swiss Alps Resort During New Year’s Celebration

 Police officers inspect the area where a fire broke out at the Le Constellation bar and lounge leaving people dead and injured, during New Year’s celebration, in Crans-Montana, Swiss Alps, Switzerland, Thursday, Jan. 1, 2026. (Alessandro della Valle/Keystone via AP)
Police officers inspect the area where a fire broke out at the Le Constellation bar and lounge leaving people dead and injured, during New Year’s celebration, in Crans-Montana, Swiss Alps, Switzerland, Thursday, Jan. 1, 2026. (Alessandro della Valle/Keystone via AP)

“Several tens of people” are presumed dead and about 100 injured, most of them seriously, following a fire at a Swiss Alps resort town bar during a New Year’s celebration, police said Thursday.

Specific casualty figures were not immediately available from the fire at the bar called bar called Le Constellation.

Beatrice Pilloud, attorney general of the Valais Canton, said it was too early to determine the cause of the fire. Experts have not yet been able to go inside the wreckage.

Police said they could not immediately be more precise about how many people had been killed in the blaze.

The injured were so numerous that the intensive care unit and operating theater at the regional hospital quickly hit full capacity, according to regional councilor Mathias Rénard.

Helicopters and ambulances rushed to the scene to assist victims, including some from different countries, officials said.

“We are devastated,” Frédéric Gisler, commander of the Valais Cantonal police, said during a news conference.

The municipality had banned New Year’s Eve fireworks due to lack of rainfall in the past month, according to its website.

In a region busy with tourists skiing on the slopes, the authorities have called on the local population to show caution in the coming days to avoid any accidents that could require medical resources that are already overwhelmed.

The community is in the heart of the Swiss Alps, just 40 kilometers (25 miles) north of the Matterhorn, one of the most famous Alpine peaks, and 130 kilometers (81 miles) south of Zurich.

The highest point of Crans-Montana, with a population of 10,000 residents, sits at an elevation of nearly 3,000 meters (1.86 miles), according to the municipality’s website, which says officials are seeking to move away from a tourist culture and attract high-tech research and development.

The municipality was formed only nine years ago, on Jan. 1, 2017, when multiple towns merged. It extends over 590 hectares (2.3 square miles) from the Rhône Valley to the Plaine Morte glacier.