Kuwait and saudi arabia

After meeting with Lebanese security officials and representatives of Iran and Lebanon football federations, the Asian Football Confederation made a decision to hold the match without spectators, due to bomb explosions which occurred near the Iranian embassy complex in Beirut earlier in the day, local media reported.  … [Read more...] about Asian Cup qualifiers: Iran, Qatar book berth; China wait

Bahrain, a small island state, is home to the U.S. Navy's regional headquarters. Saudi Arabia in 2011 sent troops to Bahrain to help quell an uprising and, alongside Kuwait and the UAE, in 2018 offered Bahrain a $10 billion economic bailout. Bahrain became the fourth Arab country to reach such an agreement with Israel, which exchanged embassies with Egypt and Jordan decades ago. … [Read more...] about Bahrain follows Emirates in normalising ties with Israel

MOSCOW/LONDON: Russia has no objection to the next meeting of OPEC and its allies, known as OPEC+, being brought forward to June 4 from the following week, three OPEC+ sources familiar with the meeting's preparations told Reuters on Sunday.Algeria, which currently holds the presidency of the the Organization of the Petroleum Exporting Countries (OPEC), has proposed the meeting planned for June 9-10 be brought forward to facilitate oil sales for countries such as Saudi Arabia, Iraq and Kuwait. The lack of Russian opposition to an earlier date could indicate that it is moving closer to an agreement with OPEC's de facto leader, Saudi Arabia, on how to extend oil production cuts for the rest of the year.OPEC+ decided in April to cut output by a record 9.7 million barrels per day, or about 10 per cent of global output, to lift prices battered by a drop in demand because of lockdown measures to stop the spread of the coronavirus.Reduced production from OPEC+, combined with a record decline … [Read more...] about Russia has no objection to earlier OPEC+ meeting: sources

Since Saudi Arabia and other Arab OPEC members imposed their famous oil embargo as retribution for U.S. support for Israel during the Yom Kippur War, shifts in global politics and a surge in America’s oil production have tamed the group.OPEC’s most hawkish members, Iran and Venezuela, have been sidelined by U.S. sanctions while its kingpin, Saudi Arabia, has shown it would rather appease Washington than risk losing U.S. support, current and former OPEC officials say.While OPEC as a bloc resisted U.S. pressure to lower oil prices for decades, notably in 2011 during the uprising against Libya’s Muammar Gaddafi, its record over the past three years has largely been one of capitulation, these officials say.Founded in Baghdad on Sept. 14, 1960 to counter the power of seven U.S. and British oil companies, OPEC has repeatedly yielded to pressure from Washington to pump more oil since US President Donald Trump took office at the start of 2017.Trump has regularly called for … [Read more...] about [email protected]: Once an American foe, now a friend

CAIRO - Iran and Russia will cooperate to produce a COVID-19 vaccine in the Islamic republic as COVID-19 cases in Iran surged to 384,666 on Saturday. Meanwhile, an Iraqi health official warned that the citizens should not play down the seriousness of the coronavirus as 4,644 daily new infections were reported. … [Read more...] about Iran, Russia to jointly produce COVID-19 vaccine