A worldwide movement gaining momentum and the transition towards the multipolar world has put an end to the dominance of the US dollar, says a US-based activist.

An Oil Ministry official says Iran’s oil revenues have increased by over 60% in the two month to late May.

The future of oil as black gold, as well as the future of the world’s largest oil exporter, has become uncertain due to fluctuations in the value of oil.

The Fitch rating agency says Saudi Arabia’s economy awaits dire consequences of fall in oil prices.

Contrary to major European companies who fled the Iranian market for fear of US sanctions, medium-sized companies have found dealing with Iran to be most lucrative.

Reinstating Yemen's ex-President Abd Rabbuh Mansur Hadi, who was amenable to a long term deal with Aramco, is a cover story for the ulterior motives of Riyadh with respect to oil rich Yemen.

The Organization of Petroleum Exporting Countries (OPEC) says Iran's revenue from total crude oil exports and oil products in 2019 was just over $19 billion, less than a third of the previous year.