Ebrahim Raisi recently won Iran’s Presidential election propelling the supreme leader’s protege into Tehran’s highest civilian position in a vote that appeared to see the lowest turnout in the Islamic Republic’s history.
Daily Current Affairs Quiz 2021
Iran is a Middle East country. Its capital is Tehrān, a sprawling, jumbled metropolis at the southern foot of the Elburz Mountains.
Iran, which is a member of the cartel, sits upon 13% of global oil reserves. It produces over four million barrels per day, accounting for 4% of total global production.
The United States has imposed restrictions on activities with Iran under various legal authorities since 1979, following the seizure of the U.S. Embassy in Tehran.
The global dirty money watchdog Financial Action Task Force (FATF) placed Iran on its blacklist on Friday after it failed to comply with international anti-terrorism financing norms, a move that will deepen the country’s isolation from financial markets.
