US Call for Rise in OPEC Output Insulting: Iranian Minister

Tehran(KNA) : Iran’s Oil Minister Bijan Namdar Zanganeh denounced the US call on Saudi Arabia to hike up its oil output as an insult to the sovereignty of members of the Organization of the Petroleum Exporting Countries, saying such political moves would cause instability in the oil market.

7/7/2018 4:41:00 PM

China’s Yuan Reverses Course, Rises Against Dollar

Tehran(KNA) : The Chinese yuan surged against the dollar on Wednesday, continuing a recovery that began the previous afternoon after China’s central bank chief pledged to keep the exchange rate “basically stable.”

7/4/2018 12:01:00 PM

Turkey vows to keep Iran ties despite US pressures

Tehran (KNA) - Turkey says it remains determined to maintain trade ties with Iran in an apparent defiance against a purported plan by the US to urge all nations to cut imports of Iranian oil from November.

6/30/2018 12:25:00 AM

Oil minister says agreement at OPEC unlikely

Tehran(KNA) : Iranian Oil Minister Bijan Zanganeh has expressed doubt that the OPEC meeting in Vienna would conclude with consensus among the participating members, as Iran intends to veto Saudi Arabia’s proposal to increase oil production.

6/20/2018 11:13:00 AM