OPEC: Qatar pins pullout on oil cartel’s domination by Saudi Arabia

Qatar Monday surprisingly announced it will give up its seat in the Organization of Petroleum Exporting Countries (OPEC) in January, explaining that the decision was not political. Yet, it blasted the oil cartel for being dominated by Saudi Arabia that Read more

Iran: US threats to block oil export will be easily answered, Head of Revolution Guards vows

Head of the Iranian Revolution Guards Wednesday indicated that US threats to thwart Iran’s oil exports to its buyers will be easily answered. “If the current capabilities of the Revolutionary Guards … reaches the ears of the adventure-seeking president of Read more