While Obama has his nose firmly rammed up Khameneis backside, hopefully Riyadh will tell Tehran to take a running jump off a high cliff (one doesnt have to like either theocratic regime to oppose Tehrans funding of Assads genocide) Iran urges Saudi Arabia help to stop oil price slump 17-01-2015: Iran has urged Saudi Arabia to help stop the continuous slump in oil prices in order to protect the economies of the regions oil producing countries, media reports said. We have told Saudi Arabian officials through diplomatic channels that they should prevent the enemies of the region from harming the growing economies of the regional countries, Iranian Deputy Foreign Minister for Arab and African Affairs Hossein Amir-Abdollahian said, reported Xinhua citing the Tasnim News agency. Talks were held between the officials of the two countries on the sidelines of a meeting of the Organisation of Petroleum Exporting Countries. ..Irans economy is heavily reliant on oil exports. Besides the losses from declining oil prices, Irans crude exports have fallen 60 percent to one million barrels a day due to Western sanctions on its energy and financial sectors. Tehran is planning to lower the crude oil price in the next years budget to $40 a barrel, Irans Finance and Economic Affairs Minister Ali Tayyebnia was quoted as saying Saturday by the Tehran Times, reported Xinhua.
Posted on: Sat, 17 Jan 2015 19:55:15 +0000
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