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Saudi Arabia Proposes Three Direct Flights

EghtesadOnline: Iran's Civil Aviation Organization has received a proposal from Saudi Arabia to launch three regular flights between the two countries, Iranian Roads and Urban Development Minister Mehrdad Bazrpash said on Sunday.
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Publish Date:27/April/2023 | 20:40

Oil Prices Rise on Tanker Explosion in Saudi Arabia

EghtesadOnline: Oil prices rose on Monday, pushing Brent back above $50 a barrel, buoyed by hopes that a rollout of coronavirus vaccines will lift global fuel demand while a tanker explosion in Saudi Arabia jangled nerves in the market.
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Publish Date:15/December/2020 | 15:40

Desalination Still in Its Infancy

EghtesadOnline: Desalinated water accounts for a meager 0.1% of the total annual water consumption in Iran while in some neighboring countries like Saudi Arabia it is 70%.
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Publish Date:04/October/2020 | 13:07

Oil Skids as Demand Optimism Fades

EghtesadOnline: Oil prices dropped more than 1% on Monday after earlier hitting their lowest since July as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months while optimism about demand recovery cooled amid the coronavirus pandemic.
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Publish Date:08/September/2020 | 14:17

Iran's Trade With Persian Gulf States Tops $21 Billion

EghtesadOnline: Iran’s non-oil commercial exchanges with Persian Gulf Arab states, including Iraq, the UAE, Oman, Qatar, Kuwait, Syria, Lebanon, Jordan and Saudi Arabia , hit $21.5 billion in the last Iranian year that ended on March 19, 2020.
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Publish Date:11/May/2020 | 09:09

Brent, WTI Prices Edge Down

EghtesadOnline: Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help alleviate global oversupply as the coronavirus pandemic pummels demand.
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Publish Date:06/April/2020 | 23:04

Need to Avert Consensus Against Iran Nuclear Policy

EghtesadOnline: Under pressure from a cascade of events, Tehran should be cautious not to allow the US, Saudi Arabia and Israel to use this opportunity to build an international consensus against Iran with regard to the 2015 nuclear deal, an expert on Europe and America said.
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Publish Date:20/January/2020 | 13:35

Trump Assumption Mistaken About Dialogue With Iran

EghtesadOnline: The US president is highly mistaken to assume that it can negotiate with Tehran the same way it holds talks with countries such as Saudi Arabia , says a political analyst, who believes that Iran will never be blackmailed.
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Publish Date:18/December/2019 | 24:15

Iran Open to Revival of Saudi Ties

EghtesadOnline: President Hassan Rouhani said Iran has no problem with revival of relations with Saudi Arabia , which has severed diplomatic ties with Iran since 2016.
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Publish Date:04/December/2019 | 08:39

Pakistan FM: Riyadh Positive About Khan’s Initiative

EghtesadOnline: Pakistan’s Foreign Minister Shah Mehmood Qureshi announced that Saudi Arabia had positively responded to Prime Minister Imran Khan’s initiative for defusing tensions in the Persian Gulf region by agreeing to give peace a chance.
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Publish Date:20/October/2019 | 13:13

Investigation Underway Into Oil Tanker Attack

EghtesadOnline: Tehran on Friday launched an investigation into an attack on an Iranian tanker navigating the Red Sea off the coast of Saudi Arabia and said its perpetrators are to blame for the consequences.
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Publish Date:12/October/2019 | 13:10

Pakistani Premier Expected to Visit Iran

EghtesadOnline: Pakistani Prime Minister Imran Khan is expected to start a regional tour on Saturday with the aim of mediating between Iran and Saudi Arabia , Pakistani sources disclosed.
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Publish Date:12/October/2019 | 24:56

Washington Wants to Avoid War With Tehran

EghtesadOnline: US President Donald Trump claimed on Monday that Iran appeared to have been responsible for the weekend attack on Saudi Arabia n oil facilities, but said he would “like to avoid” a military conflict with Tehran and emphasized his interest in diplomacy.
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Publish Date:18/September/2019 | 24:15

Half of Saudi Oil Output Cut

EghtesadOnline: Saudi Arabia shut down half its oil production Saturday after a series of drone strikes hit the world’s largest oil processing facility in an attack claimed by Yemen’s Houthi fighters.
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Publish Date:16/September/2019 | 11:45

US Charges on Saudi Attacks Aim to Mar Tehran's Image

EghtesadOnline: The United States' allegations against Iran about the Saturday attacks on Saudi Arabia n oil installations resemble plans by “secret services” to tarnish a country's image to prepare the ground for future plots, the Iranian Foreign Ministry’s spokesman said.
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Publish Date:16/September/2019 | 11:18

OPEC Posts First Oil Output Rise in 2019 Despite Saudi Cuts

EghtesadOnline: OPEC oil output increased in August for the first month this year as higher supply from Iraq and Nigeria outweighed restraint by top exporter Saudi Arabia and losses caused by US sanctions on Iran, a Reuters survey found.
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Publish Date:01/September/2019 | 09:26