The Organization of Petroleum Exporting Countries turns 50 years old Tuesday ... October, 1973: The six-month Arab oil embargo pitted OPEC’s Arab members against the U.S. and Israel in a ...

It constitutes the coordination between OPEC member countries with 11 non-OPEC oil producing countries (now 10 – Equatorial Guinea became an OPEC Member in May 2017) in a concerted effort to ...

Speaking in his meeting with visiting Secretary-General of the Organization of Petroleum Exporting Countries (OPEC) Haitham al-Ghais in Tehran on Wednesday, President Pezeshkian stated, “I believe ...