Iranian Foreign Ministry spokesman has reacted to a recent statement issued by the Persian Gulf Cooperation Council (GCC), saying what the Middle East presently needs is dialogue, rather than the accusations made by Saudi Arabia in the council’s name. “Saudi Arabia, in the name of the GCC, has issued a ...
Saudi Arabia’s state oil giant, Aramco, said Sunday that its net income slid to $49 billion in 2020 amid the COVID-19 pandemic. “Aramco achieved a net income of $49 billion in 2020,” Saudi Aramco said in a press release. “The Company continues to assess its capital expenditure and efficiency programs, ...