Patrick Sykes

Bloomberg journalist covering Iran, Turkey, energy and finance 📝
DM for Signal. Views mine. RT ≠ endorsement

[Patrick Sykes @pat_syk]

Here's Iran's playbook for resisting the US blockade on its oil exports: cut production, get creative to expand storage capacity, and export via land if needed

https://t.co/pRuITxNeoh

[Patrick Sykes @pat_syk]

Couriers, mediators and mixed messages: our guide to how the US-Iran negotiations work, and why they take so long

https://t.co/rlg6z2JLxr

[Sam Dagher @samdagher]

NEW & EXCLUSIVE: Senior national security officials from the #UAE and #Iran held a face-to-face meeting for the first time since the start of the US-Israeli war against Tehran https://t.co/lyZzXZcPmO

[Patrick Sykes @pat_syk]

Foreign investors are piling into fast-tracked sales of shares in Turkish companies, seeing pockets of value in a market facing political turmoil at home and fallout from the Iran war

Full story with @Daphniful 👇
https://t.co/qkv1FgSuFp

[Patrick Sykes @pat_syk]

Iran’s civilian officials have repeatedly called for restrictions to be eased, but have been overruled by the country’s powerful security establishment

https://t.co/QY9M1feEMp

[Patrick Sykes @pat_syk]

Iran started restoring access to the internet — a sign that the longest shutdown of its kind in history is easing amid a diplomatic push to end the war with the US.

https://t.co/8zjrBLT2CZ

[NetBlocks @netblocks]

📈 Confirmed: Live metrics show a partial restoration to internet connectivity in #Iran on day 88, after 2093 hours of near-total isolation from international networks, the longest nationwide internet shutdown in modern history. It is unclear if the restoration will be sustained.

[Patrick Sykes @pat_syk]

“In line with the esteemed President’s mission and in fulfillment of the government’s promise, the first step toward free and regulated access to cyberspace has been taken,” said First Vice President Mohammad Reza Aref, who chairs the government’s cyberspace taskforce
https://t.co/a4zSbSSWNy

[محمدرضا عارف @ir_aref]

پیرو ماموریت رئیس‌جمهور محترم و در راستای وعده دولت، گام نخست دسترسی آزاد و ضابطه‌مند به فضای مجازی برداشته شد. با بازگشایی اینترنت، خدمات هوشمند هموار و مطالبات مردمی که این‌چنین پای کار نظام و ایران ایستادند محقق و موانع توسعه دانش‌بنیان و مرجعیت علمی برداشته می‌شود.

[Patrick Sykes @pat_syk]

Meanwhile Pakistan's military says: “The intensive negotiations over the last 24 hours have resulted in encouraging progress towards a final understanding”

Munir's Tehran visit "contributed meaningfully towards the mediation process"

[Patrick Sykes @pat_syk]

Iran state of play: Washington and Tehran are “finalizing” a memorandum of understanding focused on:
1. Ending the war (including in Lebanon)
2. Lifting the US naval blockade
3. Releasing frozen Iranian assets,
according to Iran’s Foreign Ministry spokesman
https://t.co/rqoStggerV

[Patrick Sykes @pat_syk]

Pakistan's army chief Asim Munir has left Tehran, and will now presumably relay Iran's latest position to the US.

https://t.co/KiGyy55VEy

[خبرگزاری ایسنا @isna_farsi]

دیدار سیدعباس عراقچی با فرمانده ارتش پاکستان تمام شد و عاصم منیر تهران را ترک کرد؛ آنچه باید بین طرفین رد و بدل می‌شد به واسطه پاکستانی گفته شده است

[Patrick Sykes @pat_syk]

Exclusive: Istanbul-based startup Insider One bought unicorn Bluecore to expand its US reach in artificial intelligence marketing, ahead of a planned initial public offering
https://t.co/Up3Bu9cQoZ

[Fırat Kozok @FiratKozok]

🚨Turkey is seeking to ramp up purchases of liquefied natural gas from Algeria by 50%, with a view to reselling the additional volumes to energy-hungry countries in the wider region.
Energy Minister Bayraktar: “We are seeking cooperation on transporting Algerian LNG via Turkey, particularly to southeastern Europe.”

[Patrick Sykes @pat_syk]

It's the latest node in a years-long effort by Tehran to expand logistics corridors with allies like China and Russia to insulate itself from western pressure

https://t.co/50zvbHrnBU

[Patrick Sykes @pat_syk]

Iran is ramping up trade with China via rail in a bid to blunt the impact of a US blockade of its ports and adapt to pressure designed to strangle its economy

With @golnarM

https://t.co/DnwA2R3saT

[Patrick Sykes @pat_syk]

Freight companies say there's also an uptick in trucks carrying food and cooking oil from neighboring Turkey to the west, and talks are underway to boost rail links with Pakistan to the east
https://t.co/GfJbdRmQfT

[Ministry of Railways - Pakistan @MOR_Pakistan]

Federal Minister for Railways held a meeting with Iranian Ambassador to Pakistan Dr. Reza Amiri Moghadam, reaffirming Pakistan’s commitment to strengthening brotherly ties with Iran based on mutual respect, shared history, and cultural bonds.

Both sides discussed enhancing railway connectivity, particularly the Taftan–Zahedan route, ITI (Islamabad–Tehran–Istanbul) freight train project, and rehabilitation of the Quetta–Taftan railway section. The importance of improving security and infrastructure for uninterrupted rail operations was also emphasized.

Regional developments, especially the situation in the Middle East, were discussed, with Pakistan reiterating its support for peace, dialogue, and diplomatic solutions. The Iranian Ambassador appreciated Pakistan’s constructive role and efforts for regional peace and stability.

@MHanif_Abbasi
@IranAmbPak

[Patrick Sykes @pat_syk]

Iran's lowest-denomination banknotes are now worth less than the cost of producing them, the country's banking guild says

[خبرگزاری ایسنا @isna_farsi]

هزینه چاپ اسکناس بیشتر از ارزش آن است؛ دبیر کمیسیون حقوقی کانون بانک‌ها: هزینه چاپ و نشر برخی اسکناس‌های خرد از ارزش اسمی آن‌ها فراتر رفته که این موضوع باعث می‌شود از تولید اسکناس‌های کوچک جلوگیری شود
https://t.co/xDMS8gM3hV