In recent years, Saudi Arabia has had a comprehensive plan to reduce the share of oil in the economy, and it is seeking to increase the share of both renewable energy and natural gas in electricity production for export. It is also investing in high value-added products to reduce dependence on oil exports in midterm. Saudi Arabia is one of ...
Hasan Rouhani’s ultimatum to Europe for rescuing the Joint Comprehensive Action Plan (JCPOA) has expired and the whole world is waiting to see what Iran will do next – continue observing the nuclear deal or create a nuclear bomb. Iranian Foreign Minister Javad Zarif has made a statement suggesting Iran will go over to the second phase of the slashing ...