Iran says it has no plans to leave Organization of Petroleum Exporting Countries despite being treated like an enemy by some fellow members. In an interview, Iranian Oil Minister Bijan Zanganeh regreted that some members of OPEC have turned this organization into a political forum for confronting ...

Iranian Oil Minister Bijan Zanganeh has said U.S. sanctions against his country are illegal and Tehran would not comply with them. Addressing a joint news conference in Baghdad with his Iraqi counterpart, Thamer al-Ghadhban, he said Iran would also not discuss the volume or destination of its oil ...

ALGIERS (APP) - Iran on Tuesday ruled out an imminent agreement with other major oil producers to freeze output as regional rivalry with Saudi Arabia hindered efforts to reverse a price slump.The new signs of discord sent oil prices sliding again on world markets in the face of a global supply glut ...