Iran's Rouhani says oil prices fall result of ‘treachery’December 10, 2014 - 16:35 AMT PanARMENIAN.Net - Iran's President Hassan Rouhani says the sharp fall in oil prices is the result of "treachery," in an apparent reference to regional rival Saudi Arabia, which opposed production cuts to lift prices. According to the Associated Press, Rouhani told a Cabinet meeting Wednesday, Dec 10, that the fall in prices is "politically motivated" and a "conspiracy against the interests of the region, the Muslim people and the Muslim world." "The people of the region will not forget such conspiracies, or in other words, treachery against the Muslim world," he said. Oil prices have plunged by more than 40 percent since June to less than $70 a barrel. An OPEC meeting last month failed to reach agreement on production curbs, mainly because of Saudi opposition. Iran's sanctions-hit economy is largely dependent on petroleum exports. Related links: Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Mirzoyan says meeting with Bayramov was “constructive” At the moment, Ararat Mirzoyan said, there is no basis for additional comments. OSCE vows support for Armenia “in all three directions of security” Achieving stable peace between Armenia and Azerbaijan remains a priority of the OSCE, said Ian Borg. 151 detained as civil disobedience campaigns continue in Yerevan Citizens have been blocking streets in the Armenian capital, demanding Nikol Pashinyan’s resignation. France welcomes Armenia-Azerbaijan meeting in Almaty France has welcomed the new round of negotiations between the foreign ministers of Armenia and Azerbaijan. |