An Iranian lawmakers said on Tuesday that the anger of the western countries following Iran’s launch of Noor-1 satellite proves the importance of the path of independence.
Read More »Lavrov, Zarif Dismiss US New Plot for JCPOA as Unfeasible
Iranian Foreign Minister Mohammad Javad Zarif and his Russian counterpart Sergey Lavrov discussed the latest plot devised by Washington to put more pressure on Iran.
Read More »Historic Oil Rout Breaks Shale, Trump’s Energy Dominance
An historic crash in crude prices is driving U.S. shale into full-on retreat with operators halting new drilling and shutting in old wells, moves that could cut output by 20% for the world’s biggest producer of oil and leave thousands of workers unemployed.
Read More »Trump Considers all Options to Make the Saudis Pay for the Oil Price War
President Donald Trump is considering all options available to him to make the Saudis pay for the oil price war as the crash that followed has done significant damage to the U.S. oil industry With last month having seen the indignity of the principal U.S. oil benchmark, West Texas Intermediate …
Read More »Wall Street is Feeling the Pressure to Stop Arctic Oil Funding
The latest front in the war against drilling for oil in Alaska’s rugged wildlife refuge isn’t Washington -- it’s Wall Street.
Read More »China should Play Off Oil Producers against Each Other in Crisis
Oil is now a buyer’s market and China is the world’s largest purchaser of crude. As prices have plunged to multi-decade lows, the country may be reaping geopolitical advantages, if not economic benefits. China relies on imports for more than 70 per cent of domestic consumption. However, some commentators have …
Read More »Iran Warns of Decisive Response in Case of Any Move against Its Interests
Iran’s government spokesman says the Islamic Republic is not after creating tension in the region, but any move against the country’s interests would be responded decisively. Ali Rabiei said Tehran is after establishing peace in the region, and is not seeking adventurism at all. “The US is the party which …
Read More »China Still Attractive for Foreign Companies
On April 22, Exxon Mobil officially started an ethane programe in Huizhou city, South China’s Guangdong province, in which it has invested $10 billion. It should be noted that the programme started when the whole world is fighting the Covid-19 pandemic, global oil prices are low, and many oil enterprises …
Read More »German MP Calls for a New Nuclear Agreement with Iran
Due to the ongoing conflicts over the nuclear agreement with Iran, known as the JCPOA, the chairman of the Foreign Affairs Committee in the German Bundestag, Norbert Röttgen, has called for a new agreement with Tehran.
Read More »Russia says US Claim on Iran’s Satellite Launch Wrong
Russia's Permanent Representative to the UN Mikhail Ulyanov has denied US allegations against Iran in the field of launching its military satellite, saying that the United States is violating the UN Security Council resolutions.
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