BREAKING NEWS

Iran says Trump seeks high oil price to support shale

By REUTERS

JUNE 19, 2018 17:14

LONDON - Iran's oil minister said on Tuesday that US President Donald Trump sought high oil prices to support shale production in the United States, despite his public attack on OPEC over the high price of oil.

"We believe Mr. Trump prefers high oil prices to support shale production in America, but he attacks OPEC, especially after US withdrawal from the JCPOA (Iran’s nuclear deal), to avoid public pressures for increasing the prices of oil," Bijan Zanganeh was quoted as saying by SHANA before his departure for the OPEC summit.

Russia's army bigger than two years ago but quality has decreased

By REUTERS

11/25/2024 01:17 PM

Security forces eliminate two terrorists, arrest nine in the West Bank

By JERUSALEM POST STAFF

11/25/2024 12:43 PM

NATO allies will need to spend closer to 3% of GDP on defense

By REUTERS

11/25/2024 12:24 PM

Children in Safed find Mandate-era grenade, sappers called to the scene

By ELI ASHKENAZI

11/25/2024 11:53 AM