Donald Trump pulls US out of Iran nuclear deal
Donald Trump pulled the US out of the landmark nuclear deal with Tehran on Tuesday, moving to re-impose sanctions on Iran and defying pleas from close allies who had called Continue Reading
Iranians Fear Deeper Crisis as Trump Ends Nuclear Deal
The sense of crisis in Iran runs deep and wide. The economy is in free fall. The currency is plummeting. Rising prices are squeezing city dwellers. A five-year drought is Continue Reading
Iranians Fear Deeper Crisis as Trump Ends Nuclear Deal
The sense of crisis in Iran runs deep and wide. The economy is in free fall. The currency is plummeting. Rising prices are squeezing city dwellers. A five-year drought is Continue Reading
Israel goes on high alert over Syria as Trump quits Iran deal
Israel went on high alert for a possible flare-up with neighboring Syria on Tuesday as U.S. President Donald Trump announced he was withdrawing from the 2015 nuclear deal with Iran. Continue Reading
UAE energy minister says efforts to rebalance oil market are ‘progressing well’
United Arab Emirates Energy Minister Suhail al-Mazroui said on Tuesday that OPEC and non-OPEC efforts to rebalance the oil market and encourage oil investment “are progressing well”. “OPEC is a Continue Reading
Qatar Petroleum To Boost Production Despite Blockade
Despite an ongoing blockade by the neighbors of Qatar, its state oil and gas company plans to increase its daily production capacity to 6.5 million barrels per day of oil Continue Reading
Saudi Arabia’s Needs Have Become Iran’s Problems
While Israel has been the barking dog pushing hostilities against Iran, it is the Saudis that are truly most threatened by Iran’s return to the global economy. They are as Continue Reading
BP, Iraq Sign Deal To Triple Kirkuk Oil Production To 1 Million Bpd
Iraq has signed an agreement with supermajor BP that would triple the oil production from the Kirkuk oil fields in northern Iraq to more than 1 million bpd, Iraq’s Oil Continue Reading
Saudi Arabia says it intercepts missile above Riyadh: Al Arabiya TV
Saudi Arabia’s air defense forces intercepted a missile above the capital Riyadh, Saudi-owned broadcaster Al Arabiya said on Wednesday after several loud booms were heard in the city center. In Continue Reading
Saudi Arabia hints it may raise oil output after U.S. quits Iran nuclear deal
Saudi Arabia indicated on Wednesday that it could raise its oil output to offset any potential supply shortage as a result of new sanctions on Tehran, after U.S. President Donald Continue Reading