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Oil Minister Bijan Zanganeh said crude oil supplies will be increased because European companies have requested hundreds of crude oil barrels per day (bpd) during President Rouhani’s visit to Italy and France. Total agreed to buy 160,000bpd while Eni is Read more
As pro-Hadi fighters and coalition forces continue to progress towards the Yemeni capital, Al-Qaeda in the Arabian Peninsula (AQAP) is also strengthening its presence in the southern part of country, continuing to take over territories and state infrastructures while the Read more
Tehran has recuperated more than $100 billion of its frozen assets, according to government spokesman Bagher Nobakht who said that the assets have been fully released and can be used. The assets frozen under US sanctions have not been released Read more
French foreign minister Laurent Fabius said Paris will be organizing an international conference to revive the stalled peace talks between Israel and Palestine while stressing that in case the conference fails, France would recognize the State of Palestine. Fabius said Read more
Iran concluded a multi-billion dollar deal with Airbus for the acquisition of 73 wide-body and 45 narrow-body jets including a dozen A380 superjumbos. The deal also covers maintenance of aircrafts and training of Iranian pilots. The 118 aircrafts are expected Read more
As the elections for the FIFA presidency draw closer, candidate Jerome Champagne stated that Qatar would be stripped off the rights to host the 2022 FIFA World Cup and it would be passed to the US without any new voting. Read more
“Attacking the Saudi Embassy (in Tehran) was really bad and harmed Iran and Islam, but this should not be an excuse to criticize our devout young people,” Iran’s supreme leader Ayatollah Khamenei said during his address to electoral officials ahead Read more
Talks between the members of the Gulf Cooperation Council (GCC) on the possibility to build a regional missile defense system are progressing. The announcement was made by Commander Hamad Al Khalifah of the Royal Bahraini Air Force on the sidelines Read more
Less than 48hours after sanctions imposed on Iran due to its nuclear program were lifted, the U.S. announced new sanctions targeting 11 entities linked to Iran’s ballistic missile program. Iran is banned by the U.N. to conduct missile tests but Read more
A drone strike hit a car believed to be carrying three suspected al-Qaeda militants in the south eastern Yemeni province of Shabwa, Rafadh region. Local tribesmen said all those in the vehicle were dead and many believe that the operation Read more