Iran’s parliament has given the go-ahead to the government to put a new oil contract model into effect, the Ministry of Petroleum’s Shana news agency reported on Saturday. The new formula, which has drawn criticism from some politicians and experts, was reviewed by a parliamentary panel but not voted by ...
Iranian President Hassan Shiekh Rouhani set off Friday for a tour of Venezuela and Cuba before heading to New York for next week’s UN General Assembly, official media reported. Rouhani will take part in a summit of Non-Aligned Movement countries and hold separate talks with Venezuelan counterpart Nicolas Maduro, the ...