On Monday, Russia and the Gulf Cooperation Council (GCC) issued a statement calling for a “a peaceful solution” to the dispute over the Abu Musa and Greater and Lesser Tunbs islands “in accordance with international law.” Iran on Wednesday summoned Russia’s ambassador in Tehran, Alexey Dedov, after a statement Moscow …

The Iranian delegation looks to sign agreements in Kenya, Uganda and Zimbabwe, looking also on the horizon to engage in a tight race with such foreign investors as China, Saudi Arabia and the United Arab Emirates. Iran’s President Ebrahim Raisi embarks today at the helm of a large delegation to …

The revenues from the Organization of Oil Petroleum Exporting Countries peaked in 2012, when they reached $1.2 trillion. The overall crude export revenues of the Organization of Oil Petroleum Exporting Countries (OPEC) soared to their highest levels in nearly a decade in 2022 amid rising oil prices due to the …