Bloomberg Iran plans to boost crude output to 4 million barrels a day before it will consider joining other suppliers in seeking ways to rebalance the global oil market. “They should leave us alone” until then, Oil Minister Bijan Zanganeh said, according to the Iranian Students News Agency. “After that we will work with them.” Saudi Arabia, Russia, Venezuela and ...

Emirates Business Saudi Arabia’s ACWA Power International said that it has acquired 70 per cent of Sunrise Solar Energy Psc, which is developing a 50-megawatt solar power plant in Mafraq Governorate, a statement by the Saudi company said. The value of the deal was not revealed, but experts estimate that a plant of such capacity is worth more than $200 ...

Can Thailand’s military government achieve its ambitious 3.5 percent gross domestic product growth target and stave off social instability amid mounting signs of structural economic decline? As exports swoon amid a global slowdown and consumption gasps under high household debts, Thailand’s near-term growth will necessarily be state-led. Whether Prime Minister Prayut Chan-o-cha’s military administration lives up to the policy challenge ...