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Middle East

Iran says OPEC has 'not much credit' left

Oil cartel OPEC has "not much credit" left as some members are turning it into "a tool for the U.S.," a senior Iranian official said in comments published Saturday. "Saudi Arabia and the UAE are turning OPEC into a tool for the U.S. and consequently the organisation has not much credit...

Iraq parliament elects pro-Iran list candidate as speaker

The Iraqi parliament elected the candidate of a pro-Iran list as speaker on Saturday, paving the way for the formation of a government more than four months after legislative polls. The country has been in political paralysis since the May 12 ballot, but the election of a speaker is...

Europe must offset US pullout from nuclear deal: Zarif

Europe should take action to neutralize the consequences of the U.S. decision to quit a 2015 Iran nuclear accord to ensure its own long-term economic interests, Iran's Foreign Minister said in an interview published Saturday. Mohammed Javad Zarif told Germany's Der Spiegel news magazine...