U.S. Asks Japan To Stop Importing Iranian Crude
The U.S. has asked Japan to completely stop importing Iranian crude, unnamed sources close to bilateral talks from earlier this week told Bloomberg. Japan has not yet decided how to Continue Reading
Supreme Court supports recount, raises new questions
A ruling Thursday by Iraq’s highest court has deepened the political uncertainty surrounding Iraq’s recent elections and ongoing negotiations to form a new government. The Supreme Court issued a much-anticipated Continue Reading
Turkey Plans World’s Biggest Offshore Wind Farm
Turkey said on Thursday that it would be accepting applications for the construction and operation of a 1,200-MW offshore wind farm— the world’s biggest —by October 23. The Renewable Energy Continue Reading
Saudi Aramco Clears Another IPO Hurdle
Saudi Arabia has cleared another hurdle on its way to successfully launching Aramco’s initial public offering after MSCI granted it emerging market status in its latest review, Morningstar reports . Continue Reading
Supreme Court supports recount, raises new questions
Iraq’s highest court largely backed a Parliament law requiring a manual recount of the May 12 elections, but political leaders disagree about how to interpret the ruling. Iraq’s Federal Supreme Continue Reading
Iran resists Saudi-led push to increase oil output
Iran’s oil minister is resisting a Saudi Arabia-led push to raise crude output, putting the two Middle East rivals on a collision course ahead of a closely watched Opec meeting Continue Reading
Iran signals compromise for modest rise in OPEC oil output
Iran signaled on Wednesday it could compromise on a small increase in OPEC oil output when the group meets this week, as Saudi Arabia scrambled to convince fellow members of Continue Reading
Iran rules out OPEC deal as Russia, Saudi push for oil output hike
Iran said on Tuesday OPEC was unlikely to reach a deal on oil output this week, setting the stage for a clash with Saudi Arabia and Russia, which are pushing Continue Reading
Saudi struggles for Gulf oil producers’ support ahead of OPEC meeting
Saudi Arabia is struggling to convince fellow OPEC members including Gulf allies on the need to raise oil output, sources familiar with the talks said on Wednesday, adding to complications Continue Reading
Saudi Arabia’s Economic Revamp Means More Jobs for Saudis—If Only They Wanted Them
Ahead of its planned opening this fall, Nobu needs to assemble a staff of around 300 people, and under the law around 40% must be Saudi. Some jobs, such as Continue Reading