Iran's oil exports hit 5-year high despite US 'maximum pressure'
Data from OPEC revealed that in May, Iran reached 3 percent of the global oil market share.
Source: almayadeen.net
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Iran eyes new gas hub in cooperation with Russia, Qatar, Turkmenistan
Iran seeks to construct a new gas hub in the industrial zone on the Gulf coast in cooperation with Russia, Qatar, and Turkmenistan.
Source: almayadeen.net
Saudi output sends a 'splash, if not wave' across oil market
This comes after oil prices rose on Monday as Saudi Arabia reduced output by a million barrels.
Source: almayadeen.net
Tensions between Riyadh and Moscow on the rise due to oil prices: WSJ
A report by the Wall Street Journal shows that Saudi Arabian officials are disgruntled by Russia's oil production numbers and have pleaded with Moscow to reduce output as Riyadh seeks to push oil prices past the 80$ mark.
Source: almayadeen.net
Food prices keep inflation high
Food inflation remained one of the biggest drivers of consumer price inflation for the seventh consecutive month in November.
Source: news24.com