International

Ankara has no intention of usurping the rights of anyone. nor allowing its own rights to be usurped.

The Kingdom is closely monitoring recent developments in the oil market.

US liquefied natural gas (LNG) was hit with a tariff of 25 percent. the highest rate in the Chinese countermeasures.

Russia’s exports to countries outside the former USSR in May dropped to 20.17 MM tons.

OPEC and its allies including Russia are scheduled to meet on June 25-26.

Developing exports to the neighboring countries is the priority of the year and Iran is ready for new economic and trade cooperation with Russia in different industrial and mineral areas.

OPEC. Russia and other producers agreed to cut output by 1.2 million barrels per day (bbl d) from January for six months to boost oil prices by reducing global inventories.

The debate on the carbon footprint of electric vehicles is a heated one with the most vocal opinions coming from extreme camps.

A senior Iranian economic official announced negotiations with the Uzbek officials to launch direct flights between the two countries.

Fiat Chrysler has made a transformative merger proposal to Renault. the Italian-American carmaker said. in a deal that would create a new third-ranked global manufacturer.