President Hassan Rouhani, with less than a year left of his second term in office; holds firmly to the view that the blame for Iran’s flailing economy can be ascribed to the “sweeping” US sanction.

An analyst says the Saudi reform plan is just an extra step of austerity and economic limitations on the population.

Iraq’s oil revenue falls in January despite tangible rise in the country’s crude exports.

Iraqi prime minister says the country’s oil revenues are not enough to cover budget projections.