Latest News
- IMF And World Bank Align On Kuwait's Economic Growth
- Nepalese Domestic Worker Commits Suicide
- Traffic Light Labeling For Packaged Foods Unveil By Kuwait
- Nazaha Unveils 49 Forged Certificates In 5 Years
- One Injured And Two Killed In An Abdali Road Accident
- Finance Ministry Approves ‘Afiya 4’ Health Insurance Tender With...
- KOC Clinches 63 Rig Contracts Worth $670 Million
- MoE Approves 169 Committees To Test 40,000 High School Students...
- Municipality Launches Campaign Against Unauthorized Car Awnings...
- Civil Service Commission Observes 170 Violations Across Ten Gove...
- Ministry Of Trade And Industry Cracks Down On Grill Pan Weight T...
- Ministry Of Health Considers Fingerprint System For Primary Heal...
Deputy Fm Says Iran, Oil Producers Must Not Increase Production
Kuwait's deputy foreign minister Khaled Jarallah said oil exporting countries must freeze production and the market could not support a production increase from Iran.
"There is no choice but to freeze production, Jarallah as telling Japanese news agency Jiji press while he and acting oil minister Anas Al Saleh attend a Kuwait-Japan business seminar in Tokyo.
Asked about Iranian production policy, Jarallah said, "Iran should learn from the market ... the market does not give an opportunity to increase production."
OPEC members and other oil exporters failed in a meeting in the Qatari capital Doha on April 17 to reach an agreement on freezing their output to rebalance the global oil market.
Iran, seeking to regain market share after international sanctions on Tehran were lifted last year, had refused to join the supply freeze initiative and the deal fell apart after Saudi Arabia insisted Tehran take part.
Trending News
-
Eid Al Fitr 2024: Crescent Moon Not Sighted In Sau...
08 April 2024
-
Kuwait Implements Home Biometrics Services Ahead O...
14 April 2024
-
When Will Eid Al Fitr 2024 Take Place In Qatar, Ba...
08 April 2024
-
On Sunday, The Meteorological Department Warns Of...
07 April 2024
-
Kuwait Airways Provides Update On Flight Schedule...
14 April 2024
-
Winners Of Kuwait National Assembly 2024 Elections
06 April 2024
-
Kuwait Airways Introduces Convenient Home Luggage...
15 April 2024
-
Gathering For Eid Al-Fitr Prayers: Kuwaiti Citizen...
10 April 2024
-
An Egyptian Expat Dies At Kuwait's Airport
11 April 2024
-
Court Awarded Engineer KD24,00 For Unpaid Salaries
09 April 2024
Comments Post Comment