washington

China Calls For Oil Trade In Yuan Currency At Gulf Summit

Chinese president, Xi Jinping, is on a 3-day visit to the Middle East which is the first visit since 2016. During Xi’s visit, he called upon its Arab friends that China seeks to purchase oil and gas in yuan, a move that would help Beijing’s goal of internationalizing its currency and decrease the influence of the U.S. dollar on global trade. 

Iran Blames The US For Creating Chaos

Iranian authorities are facing nationwide protests for 10 consecutive days in the country. The protests have so far resulted in the death of more than 40 people including Iranian security officials till now. Iran has accused the US and other European states of undermining Iran’s sovereignty by supporting the protests.

North Korea Rejected Accusations Of Sending Arms To Russia

Earlier this month US intelligence reported that North Korea has sent military equipment to Russia. North Korea recently denied the accusation of sending any equipment or ammunition to Russia after it invaded Ukraine in February. North Korea termed the accusations as ‘‘rumours’’ and the US is deliberately trying to degrade North Korea’s image.

US Is Responsible For The Delay In Reviving Nuclear Deal, Says Iran

It has been 16 months since the inception of indirect talks between US and Iran after US imposed sanctions on Iran by backing up from the deal under the Trump administration. Iranian state run News agency, IRNA, has accused the US of delaying the nuclear deal under the pressure from certain interest groups.