Foreign Minister Mohammad Javad Zarif described claims that missiles used in attacks on Aramco were Iran-made as baseless, saying that unfortunately, the UN Secretariat is influenced by US threats.
"A ceasefire in the trade spat between the US and China is affecting the oil market," the Iranian Oil Ministry's former deputy director for OPEC affairs Reza Modir made the statement in an interview with ILNA on Saturday.
Saudi Arabia’s market regulator approved on Sunday Saudi Aramco’s application to list on the domestic stock market as the kingdom seeks to diversify and create the world’s most valuable listed company.
A Foreign Affairs Analyst at Wilson center Ori Rabinowitz believes that U.S president will maintain at least some of the sanctions, while looking for an opening.
A member of Ansarullah's Political Council warned that attacking vital targets in Saudi Arabia is the indisputable right of Yemen.
Yemen’s Houthi group said it attacked two plants at the heart of Saudi Arabia’s oil industry on Saturday, knocking out more than half the Kingdom’s output, in a move expected to send oil prices soaring and increase tensions in the Middle East.
Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for any signs that Sino-U.S. trade tensions could ease.
Saudi Arabia has changed the status of its national oil giant Aramco to a joint-stock company as of Jan. 1, in a key step for an initial public offering (IPO) planned for later this year.
