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Iran’s Raisi calls on U.S. to lift sanctions to revive nuclear deal

Efforts to revive Iran’s 2015 nuclear deal cannot succeed unless Washington lifts “major” sanctions, Iranian President Ebrahim Raisi said on Monday, as sources said indirect talks between Iran and the United States were reaching a final stage. Reuters reported last week that a U.S.-Iranian deal is taking shape in Vienna …

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How OPEC Shook Off a Historic Crash to Successfully Stabilize Oil Markets

The global clout of OPEC, never one of the world’s most admired institutions, reached a nadir in April when a dispute between Saudi Arabia and Russia triggered a price war just as global oil demand was collapsing due to the coronavirus pandemic. Three months later, the cartel has re-emerged as …

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