oil dependence

  • Iran: Rouhani Declares Oil Dependence Reaching New Lows

    Iran: Rouhani Declares Oil Dependence Reaching New Lows

    Sunday, 26th April 2015
    Iranian President Hassan Rouhani says the country’s dependence on oil revenues will drop to its lowest level ever in the current Iranian year (which began on March 21).
  • Saudi S&P Credit Rating Turns Negative

    Saudi S&P Credit Rating Turns Negative

    Tuesday, 10th February 2015
    The Saudi kingdom could lose its AA- credit ranking, the fourth-highest debt grade, in two years if its “liquid assets” decline or its fiscal position weaken, S&P said in a statement Monday.