Reuters Sky Prime Aviation Services has become the latest aviation company in Saudi Arabia to be awarded a national air operator licence under an ongoing liberalisation of the kingdom’s aviation market. The company, which provides private jets, received the licence for chartered flights from Minister of Transport Sulaiman al-Hamdan during a ceremony in Riyadh, according to its Twitter feed. ...

  Reuters Iran and Ecuador discussed ways that the two countries can strengthen oil prices as Iran signals it may support joint efforts by exporters to prop up flagging crude. Iran has been boosting output since Western sanctions were eased in January. Tehran refused to join a previous attempt this year by OPEC plus non-members such as Russia to stabilize ...

  Bloomberg Iran’s Oil Minister Bijan Namdar Zanganeh will join an informal meeting of OPEC members next month in Algiers, a state news service reported, ending uncertainty about whether OPEC’s third-biggest producer would participate. Producers from the Organization of Petroleum Exporting Countries will meet on the sidelines of an energy policy group in the Algerian capital next month to consider ...