Iran will weather storm of 'oil plot': President Rouhani
Iranian President Hassan Rouhani has predicted that oil prices will not remain low and has stated that Iran will deal with the current "oil plot" through the people's support. Rouhani made the remarks on Wednesday in a speech to a large group of people in the eastern city of Birjand, the capital of South Khorasan Province. Some Arab countries in the Persian Gulf, specifically Saudi Arabia, recently refused to lower the OPEC quotas, driving prices to their lowest levels in years. Saudi Arabia alone accounts for a third of oil exports by OPEC ...
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