There needs to be an agreement on oil production numbers before any future meeting between OPEC and non-OPEC members, Iran’s Oil Minister Bijan Zanganeh tweeted.
Iran demanded on Wednesday that U.S. oil production levels must be known before an upcoming OPEC meeting with Russia and others seeking to boost global energy prices.
The China-Pakistan Economic Corridor (CPEC) is making a steady progress, and its scope will be further enhanced in the second phase.
Chinese doctors helping Venezuela combat the novel coronavirus visited a leading health facility here on Wednesday, and accompanied their local counterparts in making house calls.
Ideas that a few months ago would have seemed anathema to President Recep Tayyip Erdogan are gaining traction as Turkey runs dangerously low on foreign-currency reserves and its economy succumbs to a recession amid the coronavirus pandemic.
Iranian President Hassan Rouhani on Wednesday said that the International Monetary Fund (IMF) rejection of Iran’s application for a loan to fight the novel coronavirus is “unacceptable” and “unfair.”
Turkey would ban layoffs for three months under draft legislation aimed at protecting those lacking job security and mitigating the blow to the economy from the coronavirus outbreak, two senior officials told Reuters.
Iran has won “a legal battle” to abort a U.S. attempt to block and confiscate Iran’s funds in Europe, Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said on Wednesday.
Turkey’s confirmed cases of coronavirus increased by 4,117 in the last 24 hours, and 87 people have died, taking the death toll to 812, the health ministry announced on Wednesday.
Iranian President Hassan Rouhani on Wednesday called on the International Monetary Fund (IMF) to provide Tehran with $5 billion worth of support to combat the coronavirus pandemic.
Gasoline shortages in Venezuela are worsening after U.S. officials have told foreign firms to refrain from supplying the fuel to the sanctioned South American nation and only provide diesel.