Business

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Saudi state TV says OPEC+ deal is 10 million barrels per day cut to July 1; 8 million per day cut through end of year

Apr 10, 2020

Saudi state TV says OPEC+ deal is 10 million barrels per day cut to July 1; 8 million per day cut through end of year

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Apr 9, 2020

Iran's Khamenei: Mass Ramadan events may stop over virus

Iran’s supreme leader is suggesting that mass gatherings in the Islamic Republic may be barred through the Muslim holy month of Ramadan amid the coronavirus pandemic

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Apr 9, 2020

Saudi cease-fire takes effect in Yemen, rebels suspect ploy

A cease-fire proposed by the Saudi-led coalition fighting Iran-backed Houthi rebels in Yemen has gone into effect, potentially paving the way for peace talks to end the more than 5-year-old conflict

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Apr 9, 2020

Iraq appoints third PM-designate, after second withdraws

Iraq’s intelligence chief has been appointed the country’s third prime minister-designate in just over a month

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Apr 9, 2020

Saudi cease-fire takes effect in Yemen, no word from Houthis

A cease-fire proposed by the Saudi-led coalition fighting Iran-backed Houthi rebels in Yemen has gone into effect, potentially paving the way for an end to the more than 5-year-old conflict

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Apr 9, 2020

Khamenei: Mass Ramadan events in Iran may stop over virus

Iran’s supreme leader is suggesting that mass gatherings in the Islamic Republic may be barred through the holy Muslim fasting month Ramadan amid the coronavirus pandemic

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Second prime minister-designate in 5 weeks resigns in Iraq

Apr 9, 2020

Iraq’s second prime minister-designate in just over a month withdrew his candidacy Thursday following political infighting, leaving a leadership vacuum at the helm of the government amid a severe economic crisis and viral pandemic

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Apr 9, 2020

Dubai allows alcohol home delivery as virus shuts down bars

Dubai’s two major alcohol distributors have partnered to offer home delivery of beer, spirits and wine as the new coronavirus now threatens a crucial source of tax and general revenue for the rulers of this Islamic city-state

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Apr 8, 2020

Iran says US oil production must be known before OPEC+ call

Iran has demanded that U.S. oil production levels must be known before an upcoming OPEC meeting with Russia and others seeking to boost global energy prices

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Iraqi military: 3 rockets target US oil company in south

Apr 6, 2020

Iraq's military says at least three rockets struck near the site of an American oil field service company in southern Iraq, causing no casualties

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