Saudi Arabia Could Invest in Iran ‘Very Quickly’ After Agreement – Minister
By Rachna Uppal
RIYADH, March 15 (Reuters) - Saudi Arabia's Finance Minister Mohammed Al-Jadaan said on Wednesday that Saudi investments into Iran could happen "very quickly" following an agreement to restore diplomatic ties.
"There are a lot of opportunities for...
Iran Ramps up Oil Production
DUBAI, Nov 21 (Reuters) - Iran's oil production should reach 3.6 million barrels per day by March 20, 2024, Iran's oil minister Javad Owji said on Tuesday according to semi-official Tasnim news agency, up from the current level of...
Islamic Republic Ministries, Central Bank Implicated In $3.37 Billion Corruption Scandal
By Roshanak Astaraki
The Islamic Republic of Iran’s ministries, customs office and central bank are implicated in a $3.37 billion corruption scandal centered on tea imports and orchestrated between 2019 and 2022 by the Debsh...
OPEC Oil Output Rises in August as Iran Hits 2018 High – Survey
By Alex Lawler
LONDON, Aug 31 (Reuters) - OPEC oil output rose in August as Iranian supply rose to its highest since 2018, a Reuters survey found on Thursday, despite ongoing cuts by Saudi Arabia and other members...
