FT reported on the issue of a record denomination banknote of 10 million rials in Iran.

Iran has put into circulation the largest banknote in the country's history with a face value of 10 million rials ($7.6) amid growing demand for cash amid the conflict with the United States and Israel. This was reported by the Financial Times on March 21.

"The new pink banknote depicts the Jameh Mosque in Yazd, built in the 9th century, and the 2,500—year-old Bam fortress on the reverse side. Now it is the largest banknote in circulation, it has replaced the 5 million riyals ($3.8 million) banknote issued in early February," the article says.

There are long queues at ATMs, and cash is running out quickly due to fears of electronic system failures. The reason for the alarm was the attacks on infrastructure, including damage to the building of one of Iran's largest state-owned banks, Sepah, she added."Газета.Ru ".

Europe may face a new energy crisis. And here's why

Saad al-Kaabi, CEO of QatarEnergy and Minister of State for Energy, said on March 19 that Iran's attacks had resulted in the loss of approximately 17% of its LNG export capacity, equivalent to a reduction of the country's annual revenue by $20 billion.

Bloomberg news agency added on March 19 that the cost of LNG in Europe increased by 35% against the background of Iran's attack on the facilities of the oil and gas company in Qatar, QatarEnergy. It was clarified that the market is currently preparing for a "protracted shutdown" at the critically important LNG center, which provided about a fifth of the world's supply.

All important news is on the Izvestia channel in the MAX messenger.