Iran says Saudi Arabia and Bahrain are habituated to following their extra-regional master the United States. shortly after the two Arab states welcomed a decision by Washington to blacklist an Iranian military force.
Read More »Iran. Venezuela launch direct flight amid US sanctions
Iran’s second largest airline. Mahan Air. has launched direct flights to the Venezuelan capital Caracas. marking a further strengthening of bilateral ties as the US tightens sanctions screws on both countries.
Read More »Gulf Firms Confront New Era of Low Oil Prices with Merger Wave
Surging oil prices over more than a decade helped many Gulf states expand aggressively at home and abroad.
Read More »US will Add 34 of Venezuelan State Oil Firm`s Vessels to Sanctions List
The United States has already slapped Venezuela'.s state oil producer PDVSA with punitive measures.
Read More »Materializing US-China Trade Deal will Affect Commodity Prices
All the signs are that US-China trade talks are progressing well.
Read More »Global Energy Demand Hits Fastest Pace This Decade
Energy consumption worldwide grew by 2.3 percent in 2018.
Read More »US may Renew Waivers to Five of Iran`s Importers
Iran’s production has declined by 860.000 bpd since the third quarter of 2018.
Read More »US Shale may Shake OPEC’s Commitment to Oil Production Cuts
OPEC members agreed to trim 800.000 barrels a day from October’s production levels for six months through June of this year.
Read More »Iran. Russia Continue Talks on 15th Joint Economic Commission
Tehran is set to host the 15th round of the commission. The date of the event will be announced later.
Read More »Iran will never Give Up Its Historical Rights over Trio Islands in Persian Gulf
The statement presented by the UAE in OIC’s final day is completely invalid.
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