EghtesadOnline: The European Union said the recent agreement on the restoration of relations between Iran and Saudi Arabia can contribute to the stabilization of the region as a whole, since both countries are central for regional security.

EghtesadOnline: Noureddine Boutarfa, the Algerian oil minister who hosted this week’s OPEC meeting, resorted to one of the oldest tricks in the dealmaker’s book: He put his fellow ministers in the same hotel in the middle of nowhere.