Iranian President Hassan Rouhani said Thursday that he has “no doubt” the incoming U.S. administration will rejoin the 2015 nuclear deal and remove punishing sanctions on Iran’s economy. His remarks Continue Reading
Iran’s Supreme Leader Ayatollah Ali Khamenei held his first public function on Wednesday since rumours surfaced of his deteriorating health, Iranian state media reported. Khamenei met organisers of events to Continue Reading
For more than half a century, conflict between Israel and the Arab nations that surround it has been a defining feature of the Middle East, producing periodic wars, lost opportunities for Continue Reading
Saudi Arabia King Salman bin Abdulaziz signed the 2021 state budget on Tuesday following a virtual cabinet meeting in Riyadh. Saudi Arabia plans to spend less next year to rein Continue Reading
On the high end, U.S.-based TankerTrackers.com, which uses satellite imagery to follow deliveries, estimated Iranian crude oil exports hit 1.2 million barrels a day over the fall, up from 481,000 Continue Reading
The Abu Dhabi National Oil Co (ADNOC) – the key corporate proxy at the centre of the U.S.’s Middle East pushback against increasing Chinese and Russian influence across the region Continue Reading
Iraq’s oil production, including output from the semi-autonomous Kurdistan region, fell 4% month on month in November, the State Oil Marketing Organization said Dec.14, falling below its OPEC+ quota as Continue Reading
A ruptured pipeline arterial to Iran’s refining system has been repaired but yet to become operational again, the oil ministry news service reported Dec. 14. The Marun-Isfahan conduit broke Dec. Continue Reading
The street value of Iraq’s currency is dropping, as markets anticipate the likelihood the dinar will soon be revalued in response to a dire economic crisis. Money exchangers in Iraq Continue Reading
Iran has brought a fire caused by an oil pipeline spill under control, local media reported . An oil pipeline ruptured on Sunday because of a landslide in southwestern Iran, Continue Reading
