For months. American and European officials have been working behind the scenes to try to find a compromise over Trump'.s demands to change the agreement.
Read More »Iran Says no Need to Extend OPEC. Non-OPEC Pact If Crude Oil Prices Rise
The pact runs until the end of 2018.
Read More »IAEA: Iran Implementing Nuclear Deal as UN. EU. Russia Back Agreement
The JCPOA ``continues to be the best way to ensure the exclusively peaceful nature of Iran’s nuclear program.
Read More »Faleh: Global Market could Absorb Higher Oil Price
Oil has rebounded to over $70 a barrel. after prices crashed to as low as $26 in January 2016.
Read More »Academic Finds Discrepancy in Trump`s Go at OPEC
Trump'.s verbal attack on OPEC is hardly justified.
Read More »Trump`s Assumption about Oil Price Contradicts the Economic Reality
The US has recently taken a series of measures which amount to waging trade wars.
Read More »Barkindo Says Oil Prices not Artificial
The organization had invited the US shale oil producers to take part in its seminar in June in Vienna.
Read More »Oil-Price Fall would Carry Risks for US Economy
In recent years. American reliance on foreign petroleum has dropped.
Read More »Salehi: Iran Is Ready to Resume Nuclear Work If JCPOA Nixed
According to the agreement. Iran scaled back its nuclear activities in exchange for termination of economic and financial sanctions.
Read More »China`s Successful Compulsion of Vietnam in the South China Sea Deserves US Attention
Washington failed to back up its words with action after Beijing pressured Hanoi into abandoning a South China Sea oil drilling project.
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