Average crude output of Organization of the Petroleum Exporting Countries (OPEC) member states, including, Algeria, Angola, Ecuador, Nigeria, Libya, Qatar, Kuwait, Iraq, the UAE, Saudi Arabia and Iran amounted to 31,519,000 barrels per day in 2015, based on figures released by the organization.
Iran's oil output, exports rising
Creating economic and political stability, absorbing considerable investment along with adopting interactive approaches in the international arena are essential to spur economic development.
Prerequisites for sustainable development
Republican Congressman Dana Rohrabacher (CA-48), who represents more Iranian-Americans than any other lawmaker in the House of Representatives, suggested on Thursday, during a House Foreign Affairs Committee hearing on the Hezbollah, that the recent ISIS (Daesh) terror attacks in Tehran were a positive development. Rohrabacher’s apparent praise for the attacks, which left 17 Iranians dead, came after President Donald Trump issued a statement condemning the attacks but also suggesting that “states that sponsor terrorism risk falling victim to the evil they promote”.
Republican congressman praises Tehran terror attacks
Saudi Arabia and its satellites have repeatedly put their neighbor Qatar on notice, but never as severely as this. In 2014, they temporarily recalled their ambassadors from the tiny, rich Persian Gulf statelet: but on June 5th, Saudi Arabia, the UAE and Bahrain announced they were not only severing diplomatic relations with Qatar, but their air, sea and land links too—meaning that Qatar’s only land border is to be closed. Panic buying is already reported in Qatari shops. Qataris must leave Saudi Arabia within days, and will henceforth be denied entry. For good measure the ambitious young Saudi defense minister and deputy crown prince, Muhammad bin Salman, expelled Qatar’s 1,000-strong force from the coalition he leads against Houthis in Yemen.
Saudi Arabia cuts off Qatar
By Pang Sen China’s Ambassador to Tehran
Silk Road: Brilliant past, brighter future

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