JCPOA is a collective agreement endorsed by the UN [Security Council] Resolution and no one can terminate it unilaterally.
Read More »Bahrain Minister Calls for Freezing Qatar`s GCC Membership
Bahrain will not attend the upcoming GCC summit if Qatar takes part.
Read More »Trump`s Threat to Scrap Iran`s Nuclear Deal Imperil Peaceful Negotiations with N.Korea
Donald Trump'.s threat to scrap the Iran nuclear deal could imperil efforts to negotiate a peaceful outcome with North Korea.
Read More »The Rise of the Petroyuan
A more significant development was Russia agreeing to some yuan-based oil trade in 2015. also the result of U.S. sanctions.
Read More »At Riyadh Jamboree. Saudis may Struggle to Lure Foreign Funds in Recession
Austerity helped push the economy into recession in the second quarter of 2017.
Read More »Saudis Set $500 Billion Plan to Develop Zone Linked with Jordan and Egypt
Saudi Arabia will need huge financial and technical resources to build NEOM on the scale it envisages.
Read More »Putin: US Sanctions Aimed at Forcing Russia Out of European Energy Market
Putin is confident that in the modern world. strategic gains at the expense of other countries are impossible.
Read More »OPEC Doesn’t Control Oil Market
In December 2016 in Vienna. 11 non-OPEC countries. including Azerbaijan. agreed to curtail oil output jointly by 558.000 barrels per day.
Read More »Saudi Oil Minister Upbeat on Oil as He Visits Baghdad
Khalid Al Falih welcomes increasing cooperation between Iraq and kingdom.
Read More »Can Trump Drive a Wedge Between Saudi-Russian Alliance?
In Europe. American infringement of Russian dominance in gas markets is even clearer.
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