
Iranian Oil Minister Bijan Namdar Zanganeh rejected claims that Saudi Arabia and the United Arab Emirates can replace the reduced share of the Islamic Republic in the global oil market, saying no country can do that because of the “fragile” market. In remarks released on Saturday, Zanganeh emphasized that “nobody” ...

Iran said Saturday that new US sanctions on its petrochemical industry show the hollowness of President Donald Trump’s claims to be open to fresh negotiations with Tehran. “Only one week was needed for the US president’s claim that he was ready to negotiate with Iran to be proven hollow,” foreign ...