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Oil producers meet in Qatar to discuss cap, Iran absent

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(Last Updated On: October 25, 2022)

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DOHA, Qatar (AP) — Oil-producing countries met Sunday in Qatar to discuss a possible freeze of production to counter low global prices, but Iran’s last-minute decision to stay home could dilute the impact of any agreement.

The attendees, including Saudi Oil Minister Ali al-Naimi, silently swept past gathered journalists at a luxury hotel in Doha ahead of the meeting.

At least 15 oil-producing nations representing about 73 percent of world output are expected at the Doha meeting, Qatar’s energy and industry minister, Mohammed bin Saleh al-Sada, has said.

The gathering follows a surprise Doha meeting in February between Qatar, Russia, Saudi Arabia and Venezuela, in which they pledged to cap their crude output at January levels if other producers do the same.

They hope the cap will help global oil prices rebound from their dramatic fall since the summer of 2014, when prices were above $100 a barrel, though no one is talking seriously about the more dramatic step of cutting production.

Prices dropped briefly under $30 a barrel, a 12-year low, in January, but have climbed to around $40 a barrel this week, boosted in part by market speculation about the coming meeting.

However, Iran decided to stay home late Saturday after saying the day before it would send an emissary to the meeting.

“We reached the conclusion that the Doha meeting is for those who want to sign the oil freeze plans, and if we wanted to have a representative at the meeting, it was to show our support of this project,” Oil Minister Bijan Namdar Zangeneh said, according to a report by the ministry’s SHANA news agency.

“But since Iran is not going to sign this, there is no need for the presence of Iran’s representative at the meeting.”

With many international sanctions lifted under its nuclear deal with world powers, Iran began exporting oil into the European market again and is eager to claw back a market share. It produces 3.2 million barrels of oil a day now, with hopes of increasing to 4 million by April 2017. On Friday, the Iranian Oil Ministry reiterated it would not join a freeze “before it brings its oil exports to the pre-sanctions levels.”

Sunni-ruled Saudi Arabia has said it won’t back any freeze if Iran, its Shiite rival, doesn’t agree to it, throwing into question whether any deal will be agreed to at all. The kingdom seems determined to ride out the low prices that could squeeze Tehran.

That dispute underscores the level of discord inside OPEC as it faces arguably its biggest challenge since the oil glut of the 1980s.

Written by: Associated Press

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Iran, Pakistan leaders raise concerns over ‘terrorist groups’ in Afghanistan

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(Last Updated On: April 24, 2024)

Following a two-day official visit to Pakistan, Iranian President Ebrahim Raisi and Pakistan’s Prime Minister Shehbaz Sharif issued a joint statement emphasizing the need to further expand commercial and economic cooperation and transform the common border of the two countries from a “border of peace” to “border of prosperity”.

The two leaders also strongly condemned aggressions and crimes of Israel in Gaza, and demanded an immediate and unconditional ceasefire, as well as unimpeded humanitarian access to the besieged people of Gaza.

Numerous other issues were also discussed but on the topic of Afghanistan, they jointly declared their commitment to the development of Afghanistan as a peaceful, united, independent country free from the threats of terrorism and drug trafficking.

According to the statement the two countries pointed out that the existence of terrorist organizations in Afghanistan is a serious threat to the security of the region and the world.

The two sides stressed their desire to strengthen cooperation in the field of fighting terrorism and ensuring security and creating a united front against terrorism.

They also discussed the importance of coordinating regional and international efforts to ensure security and stability in the region.

“While respecting the sovereignty and territorial integrity of Afghanistan, the two sides recognized that increasing participation of all strata of Afghans in basic decision-making will lead to the strengthening of peace and stability in this country,” the statement read.

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Over 1,000 Afghan refugees forced out of Pakistan in one day

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(Last Updated On: April 24, 2024)

The Ministry of Refugees and Repatriations (MoRR) says over 1,000 Afghan migrants were forcibly returned from Pakistan on Tuesday through Spin Boldak border crossing in Kandahar province, the ministry said in a statement.

The ministry stated that based on information provided by the Spin Boldak Kandahar border command, these returnees comprised 191 families, totalling 998 people.

In addition, three migrants released from Pakistani prisons were also returned, according to the statement.

The statement added that after registering the returnees, the refugees were referred to the offices of the International Organization for Migration (IOM), the World Food Program (WFP) and the United Nations High Commissioner for Refugees (UNHCR).

Each family received 10,000 afghanis – paid to them by the Islamic Emirate.

In another statement, the ministry said that 2,783 migrants living in Iran voluntarily and forcibly returned to the country during this week.

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Afghanistan’s minister of transport and aviation attends regional meeting in Uzbekistan

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(Last Updated On: April 24, 2024)

Hamidullah Akhundzadeh, acting Minister of Transport and Aviation, headed a delegation to Uzbekistan for a ‘Six-Party Corridor’ meeting that included representatives from Afghanistan, Russia, Belarus, Pakistan, Kazakhstan and Uzbekistan.

On the sidelines of this meeting the Afghanistan delegation discussed trade through the corridor with the other five relevant countries.

According to the ministry of transport and aviation, Akhundzadeh met with the deputy ministers of transport of Russia and Belarus.

He also discussed ways to expand transit between Afghanistan and Russia; and Afghanistan and Belarus, and provide the necessary facilities to achieve this.

The ministry added that the acting minister had a bilateral meeting with the Minister of Transport and the Special Representative of the President of Uzbekistan on Afghanistan and discussed the expansion of road transport between the two countries.

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