Iranian Permanent Representative to the International Organizations in Vienna said by accepting 21 percent of total inspections of the International Atomic Energy Agency (IAEA) in 2019 and also accepting over 90 percent of inspections in its own group, Iran is now on top of the list. Speaking to reporters, Kazem …
Read More »Saudi, Russia, US Share Fight Intensifies in Oil Market
The world’s three biggest oil-producing countries, Saudi Arabia, Russia and the US have intensified their fight for a greater share of the global oil market as sluggish oil demand worldwide continues with low crude prices. Due to the novel coronavirus (COVID-19), oil consumption around the world has weakened over the …
Read More »IEA Calls for Boost to Lithium-Ion Battery, Hydrogen Technologies
The executive director of the International Energy Agency (IEA), Fatih Birol, said that the turmoil in the oil sector caused by the covid-19 pandemic gives governments the perfect opportunity to embrace green energy as a source of jobs that also serves climate goals. In an interview with Reuters, Birol said …
Read More »EU Speeds Up New Tyre Labelling to Slash Car Emissions
The labels will include information on fuel efficiency and wet grip, on a scale from A to G, similar to the energy labelling used for household appliances.
Read More »Saudi Arabia Needs to Take Painful Measures to Address Economic Crisis
Finance minister Mohammed Al-Jadaan said that government spending would need to be “cut deeply”. Saudi Arabia will need to take “painful” measures and look for deep spending cuts as the kingdom faces a double crisis caused by the coronavirus pandemic and the meltdown in global oil markets, its finance minister …
Read More »Number of Diesel Cars on UK Streets Drops for First Time Since 1994
There were 110,000 fewer diesel cars licensed in 2019 compared to the previous year, according to governmental data.
Read More »Trump Administration’s Maintaining Anti-Iran Sanctions Sheer Sadism
Well-known American linguist, philosopher and political activist Noam Chomsky said on Saturday that the Trump administration has sheer sadism of sanctions. Chomsky made the remarks when asked by IRNA Correspondent to New York to comment about US sanctions on Iran while the coronavirus disease (COVID-19) continues in the country. “The …
Read More »Trump to Saudis: Cut Oil Supply or Lose US Military Support
As the United States pressed Saudi Arabia to end its oil price war with Russia, US President Donald Trump gave Saudi leaders an ultimatum. In an April 2 phone call, Trump told Saudi Crown Prince Mohamed bin Salman that unless the Organization of the Petroleum Exporting Countries (OPEC) started cutting …
Read More »US, EU Stance on Iran’s Arm Embargo not Binding
The stances adopted by the US and the European Union on the removal of the arms embargo on Iran are not binding and will not prevent Tehran from buying conventional weapons after the ban expires.
Read More »Russia Slams US Maximum Pressure Policy Against Iran
Russia has slammed the United States’ policy of maximum pressure against the Islamic Republic, saying such measures have negatively affected the global non-proliferation regime and regional security.
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