Iran proposes new gas hub with Russia, Qatar, Turkmenistan

The project revolves around the southern Iranian city of Asaluyeh, which is the closest land point to the largest gas field in the world, the Qatari and Iranian-owned South Pars field

Arab oil giants endorse OPEC+ production cut, shoot down US claims of ‘Saudi pressure’

The White House has been scrambling for a 'response' to their Gulf partners after failing to stop a major oil production cut ahead of midterm elections

Washington blasts OPEC+ supply cuts, threatens to reexamine anti-OPEC law

Ignoring the extensive lobbying by senior White House officials, Gulf nations delivered a blow to the US in their bid to provide 'stability and security to energy markets'