Iran Executes Top Young Aerospace Scientist, Alleging CIA & Mossad Ties Iran has executed 29-year-old aerospace engineer Erfan Shakourzadeh on Monday on espionage charges despite his protestations that authorities tortured him into giving a false confession, according to a prison note published before his execution, as recounted in Western press reports. Iranian judiciary's Mizan Online website an...
Iran Executes Top Young Aerospace Scientist, Alleging CIA & Mossad Ties Iran has executed 29-year-old aerospace engineer Erfan Shakourzadeh on Monday on espionage charges despite his protestations that authorities tortured him into giving a false confession, according to a prison note published before his execution, as recounted in Western press reports. Iranian judiciary's Mizan Online website announced and confirmed the execution, describing that he was hanged after being convicted for allegedly collaborating with the CIA and Israel's Mossad intelligence service . Various human rights organizations have rejected the validity of the charges, and have decried his execution, having for weeks raised the alarm that he was on death row. Shakourzadeh studied electrical engineering at the University of Tabriz before graduating top of his class in the master's program in Aerospace Engineering and Satellite Technology at Iran University of Science and Technology. He was a leading young specialist in the field and worked at a scientific organization focused on satellite technology before intelligence agents from the elite IRGC arrested him in February 2025 . So the case predates the current war, but is highly significant amid the US pressure campaign. State Mizan agency went on to allege that Shakourzadeh was "a joint CIA and Mossad spy," stating that he had been recruited "as a project and due to his expertise." CBS has said he's the latest death in a growing list of espionage cases : He is the fifth person to be executed on espionage charges since the beginning of the war in late February. Authorities have also since then executed 13 men charged over January protests , one more over 2022 demonstrations and 10 accused of links to banned opposition groups, according to IHR. President Trump had weeks ago personally highlighted that eight women protesters were also set to be executed, but that he intervened with Iranian officials and threatened more military action, effectivel...
Days before its fiscal second-quarter earnings report on May 14, Applied Materials (AMAT) unveiled a new co-innovation partnership with TSMC, the world's most important chipmaker, to be conducted inside Applied's new $5 billion EPIC Center in Silicon Valley. It is the largest U.S. investment ever ...
Days before its fiscal second-quarter earnings report on May 14, Applied Materials (AMAT) unveiled a new co-innovation partnership with TSMC, the world's most important chipmaker, to be conducted inside Applied's new $5 billion EPIC Center in Silicon Valley. It is the largest U.S. investment ever ...
Brazil’s state-controlled oil company Petrobras fell short of earnings estimates as it held domestic gasoline prices stable during the war-driven price surge. Adjusted earnings before items, or ebitda, came in at 59.64 billion reais ($12.2 billion) for the first quarter, Petrobras reported in a filing. That fell short of the 64.5 billion reais consensus of analysts tracked by Bloomberg, and was do...
Brazil’s state-controlled oil company Petrobras fell short of earnings estimates as it held domestic gasoline prices stable during the war-driven price surge. Adjusted earnings before items, or ebitda, came in at 59.64 billion reais ($12.2 billion) for the first quarter, Petrobras reported in a filing. That fell short of the 64.5 billion reais consensus of analysts tracked by Bloomberg, and was down 2.4% from the same quarter of 2025. The company posted net income of 32.7 billion reais, above expectations. Higher oil prices are a double-edged sword for Petroleo Brasileiro SA , as the company is formally known. The Rio de Janeiro-based producer faces pressure to help contain fuel inflation and increase investment to support economic growth during an election year, eroding some of the gains from the oil rally. Petrobras generally avoids passing short-term price spikes on to consumers. Read More: Brazil Cuts Fuel Tax to Offset Oil Price Surge as War Rages Petrobras has held gasoline prices stable and only adjusted diesel once since the start of the war in late February, amid a coordinated effort with the government to shield consumers in Latin America’s largest economy. Brazil has introduced a combination of fuel tax cuts and diesel subsidies to contain fuel inflation, and imposed a temporary oil export tax to help compensate for the measures. The increase in Petrobras’s production and refining helped mitigate the impact of holding fuel prices. Its refineries ran at 95% of capacity, limiting need for imports during the conflict in the Middle East. Petrobras is also ramping up production at Buzios, Brazil’s biggest deep-water oil field. Oil and gas production rose 16% to 3.23 million barrels of oil equivalent per day in the quarter from the year-earlier period. Petrobras has rewarded investors with rapid production growth and robust dividends. The company announced 9 billion reais in shareholder payouts, below the average $2.3 billion estimate of four analysts reviewed ...