The higher oil prices and the subsequent higher oil revenues play a part in a significantly improved outlook for the state finances and trade balances of the Arab Gulf countries, Continue Reading
U.S. President Donald Trump on Tuesday kept open the possibility of negotiating an agreement to denuclearize Iran, two days after he rattled his saber at the nation on Twitter. “We’ll Continue Reading
Just over a year ago, hundreds of thousands of Iranians poured on to the streets of cities across the Islamic republic to celebrate Hassan Rouhani’s landslide victory in an election Continue Reading
Anytime Iran and the United States trade threats, global oil markets snap to attention. The reason is the narrow stretch of water at the mouth of the Persian Gulf. President Continue Reading
European efforts to protect businesses investing in Iran from US sanctions risk leaving executives with the tough choice of whether to obey EU or American rules. The EU is finalising Continue Reading
Iraqi oil exports for June, the last full month for which data are available, were slightly higher than the month before on average, the government reported Statistics from the State Continue Reading
Civil unrest in Basra is keeping Iraq’s oil sector on edge, as protests continue and saboteurs have launched at least two minor attacks on energy infrastructure in the past week. Continue Reading
U.S. President Donald Trump told Iran it risked dire consequences “the like of which few throughout history have suffered before” if the Islamic Republic made more threats against the United Continue Reading
A flare-up in U.S.-Iranian tensions, coupled with a work stoppage in the North Sea, sent crude oil prices higher Monday ahead of the start of U.S. trading. In an apparent Continue Reading
Iran’s President Hassan Rouhani has threatened the United States with “the mother of all wars” if Washington continues pressuring it with sanctions and attempts to foment unrest among the already Continue Reading
