At a joint presser with his Swiss counterpart, Iranian President Hassan Rouhani dismissed as ‘nonsense’ the threats made by US officials to reduce Iranian oil exports to zero. “They will never be able to carry out this threat,” said Iranian President Hassan Rouhani at a press conference jointly held by ...
Saudi Arabia, the world’s top crude exporter, said on Tuesday it was prepared to use its spare production capacity, estimated at two million barrels, to balance the global oil market. “The kingdom is prepared to utilize its spare production capacity when necessary to deal with any future changes in the ...