saudi arabia
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Crude Oil prices could reach $125 a barrel; Here’s Why
Fears surrounding the new, heavily mutated coronavirus variant called Omicron slammed investor sentiment on Black Friday. While stocks suffered—and the Dow Jones Industrial Average had its worst day of the year—it was crude markets that were the hardest hit.
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US won't lift sanctions against Iran any time soon; Expert
"The sanctions policy toward Iran, this is not likely to go away soon unless there is significant progress on the JCPOA and other issues, such as ballistic missiles and even armed proxy groups," the U.S Professor Karl Kaltenthaler told in an exclusive interview with ILNA news agency.
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Biden says he doesn’t see OPEC+ shifting to help with oil prices
US President said on Saturday that he did not expect the OPEC Plus group, Saudi Arabia, and Russia to respond to his call to pump more oil into global markets.
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Saudi Arabia, Bahrain expel Lebanese ambassadors
Saudi Arabia has banned all imports from Lebanon and given the Lebanese ambassador 48 hours to leave the kingdom after footage emerged earlier this week of a minister criticising the Saudi Arabia-led coalition’s war in Yemen, state news agency SPA reported.
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Saudi Arabia to send 1st direct flight to Israel
A direct flight from Riyadh, Saudi Arabia, will land at Ben-Gurion Airport on Monday evening, according to KAN news.
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Iran resumes exports to Saudi Arabia
Spokesman of the Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi released a report of Iran’s six-month trade with neighboring countries on Sunday putting Saudi Arabia on the list of the country’s export destinations as the two neighbors had stopped bilateral trade last year.
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Tehran ready to resume exports to Riyadh
Director General of Business Development Services at Trade Promotion Organization says Iran is ready to resume exports to Saudi Arabia if the tension between two countries is reduced and their political ties are restored.
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Washington welcomes news of direct talks between Iran and Saudi Arabia, official says
The U.S. welcomes the news of direct communication between Middle Eastern rivals Saudi Arabia and Iran, a Biden administration official told CNBC on Monday.
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Iran, Saudi sides continue tension-easing talks in Baghdad; Washington post
Representatives from Iran and Saudi Arabia have held a new round of talks in Baghdad, two Iraqi officials said Monday, in the first such meeting between two countries since a new president was sworn in in Tehran.
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Iran and Saudi Arabia expected to resume direct talks soon
Iran and Saudi Arabia appear to be ready to resume direct talks hosted by Iraq in the near future, Iranian state media reported.