Tehran regime unhappy at oil price cuts - what a shame... Iran Calls On Saudi Arabia To Address Plunging Prices, Warns Inaction Is A Serious Mistake 02-01-2015: A top Iranian official has called for Saudi Arabia to take steps to address plunging oil prices, which fell this week to their lowest point in nearly six years. The two nations in recent months have headlined OPEC infighting over which tactics to pursue as profits from oil exports drop. “There are several reasons for the drop of the price of oil, but Saudi Arabia can take a step to have a productive role in this situation,” Iran Deputy Foreign Minister Hossein Amir Abdollahian told Reuters. “If Saudi does not help prevent the decrease in oil price … this is a serious mistake that will have a negative result on all countries in the region” whose economies rely heavily on oil.
Posted on: Fri, 02 Jan 2015 03:47:03 +0000
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