The United States on Thursday imposed new sanctions against Iranian officials and entities for "gross violations of human rights," including one of the judges who sentenced an Iranian wrestler to death.
"The Iranian regime has subverted its system (...)
Venezuela has proposed creation of a "revolving public purchasing fund" within the United Nations system to guarantee access to food and health products, financed with public resources, to facilitate countries suffering "discrimination and economic (...)
The Organization of the Petroleum Exporting Countries (OPEC) stands ready to meet the many challenges it will face as it enters the next 60 years of its history, affirmed the Vienna-based organization on the occasion of its 60th anniversary on (...)
The price of OPEC basket of 13 crudes stood at US$45.19 a barrel on Wednesday, 19th August 2020, compared with $45.49 the previous day, according to OPEC Secretariat calculations, Emirates News Agency (WAM) reported.
The OPEC Reference Basket of (...)
The United States on Friday confirmed the seizure of Iranian tankers believed to be carrying multimillion-dollar fuel to Venezuela.
In a statement, the US Depart of Justice said: "These actions represent the government's largest-ever seizure of fuel (...)
Brian Hook, the United States special representative for Iran, is stepping down, according to media reports.
Hook's move was confirmed by US Secretary of State Mike Pompeo on Thursday. "Brian Hook has decided to step down from his role," Pompeo said (...)
Hunger threatens to soar to devastating levels in 25 countries in the coming months due to the impact of the global COVID-19 pandemic, the World Food Program and Food and Agriculture Organization have warned.
The greatest concentration of need is in (...)
Fadi El Khatib, one of the biggest stars of Asian basketball, lauded Dubai Sports Council (DSC) for reopening Dubai's sports sector and allowing sports enthusiasts of all age and ability to get back to practicing and playing sports in a top-class, (...)
WASHINGTON — The United States on Wednesday imposed sanctions on five Iranian ship captains who had recently delivered oil to Venezuela.
Commenting on the move, the US Secretary of State Mike Pompeo said in a tweet: "The US is sanctioning five (...)
The United States of America imposed sanctions on five Iranian nationals working as captains of an Iranian tanker, for delivering about 1.5 million barrels of Iranian gasoline and other related components to Venezuela.
This was unfolded in a (...)
Partly due to the severe US sanctions because of its aggressive nuclear program, Iran's currency has dropped to its lowest value ever at 190,000 rial for each dollar.
Tehran has repeatedly been ignoring the IAEA resolution asking Iran to fully (...)
The United Nations High Commissioner for Refugees, UNHCR, has Wednesday appealed to countries worldwide to do far more to find homes for millions of refugees and others displaced by conflict, persecution or events seriously disturbing public (...)
The 2020 release of Rystad Energy's annual global energy outlook reveals that the COVID-19 downturn will expedite peak oil demand, putting a lid on exploration efforts in remote offshore areas and as a result reducing the world's recoverable oil by (...)
Iranian President Hassan Rouhani warned that the Islamic Republic will respond to any possible aggression by the United States against Iranian oil tankers in the Caribbean Sea or any other part of the world.
Rouhani made the remarks during his (...)
With 4 billion people around the world under lockdown as the coronavirus pandemic grows, demand for gasoline, jet fuel, and other petroleum products is in freefall, as are oil prices. The price of a barrel of crude has been so low in the United (...)
The United Nations World Food Programme warned on Tuesday that the coronavirus pandemic will double the number of people with acute hunger.
The number of people facing acute food insecurity stands to rise to 265 million in 2020, up by 130 million (...)
After three consecutive months of COVID-19 demand destruction and gravity-defying oil prices, operators are finally being forced to shut-in considerable production volumes. Globally, at least 1.9 million barrels per day (bpd) of oil production have (...)
The Covid-19 pandemic has devastated global oil demand while producing countries fail to agree on output cuts, and as onlookers have predicted, it was a matter of time until shut-ins would start. A Rystad Energy analysis shows that Canada is the oil (...)
The Ministry of Health and Prevention (MoHaP) today announced the detection of 102 new COVID-19 cases, bringing to 570 the total number of infections in the country.
The new cases were identified when examining individuals who were in contact with (...)
DUBAI -- Iran and several of its allies have called on the UN Secretary General Antonio Guterres to push for waiving US sanctions against them amid the coronavirus pandemic.
Iran, China, Cuba, Russia, Syria, Nicaragua, North Korea and Venezuela sent (...)
The Kingdom of Saudi Arabia ranks sixth globally for the second consecutive year, according to the 2020 Agility Emerging Markets Logistics Index.
Saudi Arabia's 6th overall ranking is a result of notable improvement in its business fundamentals. The (...)
The price of OPEC basket of fourteen crudes rose $1.5 to stand at $70.89 a barrel on Monday, compared to $69.39 the previous Friday, according to OPEC Secretariat calculations, Emirates' news agency WAM reported.
The OPEC Reference Basket is made up (...)
US Secretary of State Mike Pompeo today telephoned United Nations Secretary-General Antonio Guterres.
The two sides discussed, according to a statement of the American State Department, the events in Venezuela and the Middle East, where the US (...)
I love my soulmate Patricia, but she can be exasperating sometimes. She wants to camp in Tokyo waiting for the Olympics. She is desperate to get away from tempestuous leaders, deteriorating economies and an intolerant world. I told her, "I can (...)
The angry, oppressed citizens are actors and their caps and overcoats evoke 19th-century France rather than modern-day Venezuela.
But local people going to the theater to see a new performance of "Les Miserables" in Caracas could be forgiven for (...)
