Tag Archives: International News Agency

Overall. 20 agreements were signed between the two nations across a variety of industry sectors.

A global oil output deal between members of OPEC and non-OPEC countries would be discussed at talks in Riyadh.

China’s imports from the United States have fallen 26.4% in dollar terms during the first nine months.

There were no talks underway to change the global output deal.

The gas price spike started last month after Saudi Arabia oil production facilities were attacked.

Russia. Saudi Arabia and the UAE are all part of the OPEC+ coalition.

Iran’s natural gas reserve is the world’s second largest.

Iran’s advances in nanotechnology are viewed as a clear example of self sufficiency in the face of the US-led sanctions.

The attack by Yemeni forces last month shut down 5.7 million bpd of Saudi Arabia’s oil production.

VLCC freight rates for key crude oil supply routes to Asia have surged since the US ratcheted up sanctions in recent months.