Iran on Monday said there were several issues with the nuclear-deal draft text that the U.S. needs to address before Tehran can agree to it, leaving the fate of the Continue Reading
The prospect of an imminent new “nuclear deal” between the West and Iran is looking increasingly unlikely. A senior political and oil industry analyst highlights that there is very little Continue Reading
A young Kurdish man was killed and two others were wounded Monday in a confrontation between armed protesters and security forces guarding an oil camp east of Erbil. Eyewitnesses, security Continue Reading
Iran will respond to the European Union’s “final” text by midnight on Monday, Iranian Foreign Minister Hossein Amirabdollahian said, calling on the United States to show flexibility to resolve three Continue Reading
Whether or not Tehran and Washington accept a European Union “final” offer to revive the 2015 Iran nuclear deal, neither is likely to declare the pact dead because keeping it Continue Reading
Saudi Aramco plans to raise its sustainable production capacity to 12.3 million b/d by 2025 as the world’s largest oil-exporting company accelerates plans to bring additional output to market to Continue Reading
State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining margins. Aramco joins oil Continue Reading
Weeks after followers of an influential cleric stormed parliament, Iraq’s political crisis shows no signs of abating, despite rising public anger over a debilitating gridlock that has further weakened the Continue Reading
Moody’s cites inflation, lira devaluation, unorthodox policy Turkey’s rating was cut deeper into junk by Moody’s Investors Service as balance-of-payments risks mount and authorities struggle to stabilize the lira and Continue Reading
Unnamed Iranian diplomat says that proposal for nuclear deal by EU could be acceptable. Iran has been seeking assurances that no other U.S. president could unilaterally withdraw from the deal. Continue Reading
