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Saturday 24 May 2025

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Context
News Iran offers no action in support of global oil pact

Iran on Wednesday stopped short of offering to restrain oil output as part of a global pact to freeze production to prop up prices, making clear it wants to recapture the market share it lost during years of sanctions.

  • February 17, 2016
News Saudis and Russia agree oil output freeze, Iran still an obstacle

Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other producers joining in - a major sticking point with Iran absent from the talks and determined to raise production.

  • February 16, 2016
News Hezbollah chief says Turkey, Saudi Arabia prefer war over political agreement in Syria

The leader of Lebanon's Hezbollah group said on Tuesday that Saudi Arabia and Turkey favored a prolonged war in Syria rather than agreeing to a settlement which would lead to President Bashar al-Assad staying in power.

  • February 16, 2016
News Turkey wants Syria ground operation, but says no consensus among allies

Turkey, Saudi Arabia and some European allies want ground troops deployed in Syria but there is no consensus in the coalition and a strategy for such an operation has not been seriously debated, Turkey's foreign minister told Reuters.

  • February 16, 2016
News Oil stages late gains as Saudi, Russia, Venezuela to meet

Oil prices rose nearly 2 percent on Monday on news that ministers from Saudi Arabia, Russia, Qatar and Venezuela would hold a previously unpublicised meeting in Doha this week, adding to speculation of a global output deal.

  • February 15, 2016
News Europe ends sanctions on Belarus, seeks better ties

The European Union ended five years of sanctions against Belarus and its authoritarian President Alexander Lukashenko on Monday, citing improving human rights as the bloc seeks more friends in Russia's back yard.

  • February 15, 2016
News China urges United States, North Korea to hold direct talks

China's foreign ministry on Monday urged the United States and North Korea to sit down with each other face-to-face and resolve their problems, as tension continues to climb on the Korean peninsula after North Korea's latest rocket test.

  • February 15, 2016
News Russia has gained upper hand in Syria, Merkel ally says

Russia had gained the upper hand in Syria and the surrounding region through armed force, a senior conservative ally of German Chancellor Angela Merkel said on Sunday, and he voiced doubts that Moscow would respect a truce plan for the war-torn country.

  • February 14, 2016
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