A group of protesters chant slogans at the main gate of old Grand Bazaar in Tehran Iran
02 July, 2018, 18:55
The White House later walked back the president's comments, saying the king had said his country could raise oil production if needed.
"Our attempt is to defeat USA policies in the sale of oil and we are pretty sure we will sell our oil as much as we need", he said.
After Trump pulled the US out of the Irannuclear deal, Tehran is trying to counter USA sanctions that would restrict its exports and eat into its market share.
Iran announced on Sunday that it would permit private companies to export crude oil as Tehran attempts to thwart United States sanctions against the country's oil industry.
The president also had tough words for other USA allies.
On Tuesday a senior State Department official described tightening the noose on Tehran as "one of our top national security priorities".
"Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & dysfunction in Iran and Venezuela, I am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels, to make up the difference", Trump said in a tweet on Saturday.
But since then sources familiar with Saudi oil thinking have briefed the market about an imminent rise in Saudi output to a record.
Oil prices rose on Friday on worries that USA sanctions against Iran would take away significant volumes of crude oil from world markets while oil demand worldwide increases.
He said in the Fox interview that European companies would face sanctions if they traded with Iran now.
Tehran and Riyadh are members of the Organisation of Petroleum Exporting Countries, a cartel that manages supply to the global market via production quotas so as to keep prices in member states' favour. Saudi Arabia now produces some 10 million barrels of crude oil a day. The U.S. wants to cut Iran's oil export, but everyone, with even a limited knowledge of global affairs, knows that such thing is impossible, the official added.
Iran has urged fellow OPEC members to refrain from any unilateral measures to increase oil production. "As we are all in agreement to depoliticize our efforts in the OPEC, we should not let others take politicized measures targeting OPEC's unity and independence".
Trump said Friday he had narrowed his search to about five finalists, including two women, and will announce his pick on July 9. Circuit Court Judge Brett Kavanaugh and Chicago Circuit Court Judge Amy Coney Barrett are now Mr.
By all indications, Andromeda will try to mitigate that design problem with a display that wraps around the gap of the hinge. Thurrott.com's Brad Sams previously reported the " Andromeda " device was scheduled to be released in 2018 - this year.
Germany are unaccustomed to such failure, this is the first time they have been knocked out in the first round since 1938. However, they ended up doing just enough to make it through to face one of the stiffest tests left in the World Cup .
James' agency made the announcement Sunday in a release , saying he has agreed to a four-year, $154 million contract. If James had opted in with the Cavs, they could have worked out a sign-and-trade with Houston.
Three gunmen dressed in balaclavas and armed with assault rifles landed a stolen helicopter in the Reau Prison courtyard. A helicopter believed to have been used by French convict Redoine Faid was recovered outside Paris .
But that was before the PGA Tour recognized it as an official victory unless a PGA Tour member had won the tournament. Conditions have been changing since the opening round with so much sun, no rain and fairways that are getting faster.
According to ESPN .com's Darren Rovell, the franchise's valuation dipped by 25 percent when James left for the Miami Heat in 2010. As anticipation grew that James would leave the Cavaliers for the Lakers, bets poured in on the Lakers over the past month.
The last 10 minutes of the match I lost 10 years of my life but in the end, we are through to the quarterfinal". Following the loss Iniesta said to the reporters: "It's a reality that is my last game with the national team".
Lake added: "Voters believe we need some enforcement of border security - not just for immigration, but for security". More than 2,000 children remained detained and separated from their parents under US immigration policies.
Godwin said she would've surely been bit if it hadn't been for Todd's heroic actions. "This is what a hero looks like", she said. Todd is recovering at home in Arizona after being bitten by a rattlesnake that would have poisoned his owner.
A man who went overboard on the cruise ship Norwegian Getaway was rescued almost 24 hours later by another cruise ship. It's not clear if that was the time the crew member went overboard, or just the time the coast guard was notified.
LeBron James agrees $154 million Lakers deal
He has opted against penning a five-year max contract with the Cavaliers , who could have offered him a projected £154m deal. James alone can change a conference - no non-LeBron team has made the Finals in the Eastern Conference since 2010.
Mexico - World Cup - 2 July 2018
Brazil's World Cup campaign thus far has seen them improving in each match they have played so far. A defeat would result in Mexico crashing out in the round of 16 for the 7th consecutive time.
OnePlus 6 Red Variant is Launching in India on July 16
It's also slated to become available "across the globe" next week, although we obviously don't know how long sales will run. You can check out the gorgeous OnePlus 6 red edition from every conceivable angle in the official announcement video below.
‘North Korea nuclear programme could be gone within a year’
Security Council to relax sanctions against North Korea - a move believed to have been made in response to Kim's request. On June 28, China and Russian Federation distributed the draft of a press statement calling on members of the U.N.
LeBron deal done a long time ago, says Bogut
His move from the Cavaliers , where he signed in 2014, will bring him nearer to Hollywood, to which James is no stranger. But it does say quite a bit about the magnitude of LeBron's signing that it was worth breaking into a broadcast for.
Trump pressures Saudi Arabia to increase oil production
He questioned whether Trump's words would do anything to reverse the effects on the market of declining Iranian oil production. Saudi Energy Minister Khalid Al-Falih indicated the group's action would add almost one million barrels a day to the market.