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Iran rejects US demand for dual nationals’ release

  Tehran / AFP Iran said on Wednesday it would accept no US “interference” after Washington demanded the release of a dual national and his 80-year-old father given 10 year sentences for espionage. The State Department demanded the immediate release of Siamak and Baqher Namazi, both Iranian-American dual nationals, after their sentences were announced on Tuesday. But foreign ministry spokesman ...

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‘Many nations willing to join OPEC output cuts’

  Bloomberg Many nations are willing to join OPEC in cutting production to secure a continued improvement in oil prices, said Saudi Arabia’s Minister of Energy and Industry Khalid Al-Falih. The minister didn’t name any countries in his speech at the Oil & Money conference in London Wednesday, saying only that negotiations will continue until the scheduled Nov. 30 meeting ...

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OPEC optimistic to reach oil output deal in Nov

  LONDON / Reuters OPEC should be able to reach a deal next month to limit oil production without too much disagreement about individual countries’ output levels, the producer group’s secretary-general said on Tuesday. Mohammed Barkindo also told journalists on the sidelines of the Oil & Money conference that Russia, which is not in OPEC, was not backtracking on its ...

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