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Saudi Arabia Agrees To Pump More Oil to Maintain Balance

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Saudi Arabia Agrees To Pump More Oil to Maintain Balance

[vc_row][vc_column][vc_column_text]Following US suggestion to be ready to produce more oil for filling vacuum after closure of Iranian oil export, Saudi Arabia’s cabinet on Tuesday endorsed the kingdom’s readiness to pump more oil to maintain market balance and stability, the official Saudi Press Agency (SPA) said.

A statement issued after the cabinet meeting chaired by King Salman said, “The kingdom is prepared to utilise its spare production capacity when necessary to deal with any future changes in the levels of supply and demand.”

On Saturday, US President Donald Trump said Saudi Arabia’s King Salman has agreed to his request to increase oil output “maybe up to” two million barrels.[/vc_column_text][vc_raw_html]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[/vc_raw_html][vc_column_text]Saudi Press Agency reported that both leaders also discussed “efforts by the oil-producing countries to compensate for any potential shortage in supplies.”

Read More: US asks nations to stop Iranian oil import by Nov.4 or face sanctions

Trump’s claim comes after the Organization of the Petroleum Exporting Countries (OPEC), a grouping of oil-producing states that includes Saudi Arabia, already agreed to ramp up production by a million barrels a day at a meeting earlier this month.

According to Organisation of Petroleum Exporting Countries (OPEC), Saudi Arabia produces approximately 10 million barrels of crude per day. The US Energy Information Administration label Saudi Arabia as the world’s top oil exporter and has usually kept at least 1.5 million to two million barrels per day of spare capacity.

The Trump administration has on June 26 asked international community to cut all imports of Iranian oil before November 4, when the US re-imposes sanctions against that country. Trump has withdrew from a 2015 multilateral nuclear deal signed by Iran and P5+1, five permanent members of UNSC plus Germany.

Read More: India under US pressure to cut oil imports from Iran, Govt says exploring all options

Washington has been pressing allies in Europe, Asia and the Middle East, including Saudi Arabia, to adhere to the sanctions, which are aimed at pressuring Iran to negotiate a new agreement to halt its nuclear programmes.

Saudi Arabia Agrees To Pump More Oil to Maintain Balance

Meanwhile, Iran’s President Hassan Rouhani, has once again on Tuesday, lashed out American officials for threatening to stop Iran’s oil exports, saying they would never be able to carry out such a threat. He made these remarks in Bern in a joint press conference with his Swiss counterpart Alain Berset.

He said, “The US [officials’] statement in this regard is unilateralism…and a breach of all international rules and regulations in energy and trade sectors.”  He added that it is “incorrect and unwise” to think that “one day all oil producing countries would export their surplus oil and Iran would be the only country that cannot export its oil.”

Read More:  US urge Security Council to punish Iran for malign behaviour

President Rouhani also reaffirmed his country’s stance on Iran nuclear deal known as JCPOA after US withdrawal, saying that Tehran would stay in the deal as long as its interests are preserved.

On Sunday, Iran’s Vice President Eshaq Jahangiri said that the country was considering oil exports by the private sector in a bid to thwart US sanctions. He said, “The target of the US is firstly [to cut down Iran’s] oil [sales]. They want Iran’s oil not to be sold, which is impossible and such measures are taken in line with a psychological war.”[/vc_column_text][/vc_column][/vc_row]

Latest world news

Trump approves nearly $9 billion weapons sales to Israel, UAE and other allies amid Iran tensions

The US has fast-tracked nearly $9 billion in weapons sales to Israel, UAE and other allies as tensions linked to the Iran conflict continue despite a fragile ceasefire.

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Donald Trump statement

The United States has approved nearly $9 billion worth of weapons sales to key Middle Eastern allies, including Israel and the United Arab Emirates, amid ongoing tensions linked to the Iran conflict.

The decision, cleared by the administration of Donald Trump, includes expedited military transfers to Israel, the UAE, Qatar, and Kuwait. The approvals were granted under an emergency provision, allowing authorities to bypass the usual congressional review process.

Emergency clearance amid ongoing conflict

Officials said the move was necessary due to the evolving security situation in the region, particularly as the conflict involving Iran continues despite a fragile ceasefire. The war, which began earlier in 2026, has heightened instability across West Asia.

US Secretary of State Marco Rubio invoked emergency powers to fast-track the deals, citing urgent defence requirements for allied nations.

What the arms package includes

The approved package includes a mix of advanced defence systems and precision weapons:

  • Patriot missile defence replenishments worth over $4 billion for Qatar
  • Precision-guided weapon systems for multiple countries
  • Integrated battle command systems for Kuwait
  • Additional advanced weapons support for Israel and the UAE

The total value of these deals is estimated at over $8.6 billion, often rounded to nearly $9 billion.

Timing linked to iran war

The approval comes nearly nine weeks into the conflict involving the US, Israel, and Iran, with tensions still high despite a ceasefire that has been in place for several weeks.

Analysts note that the move signals continued US military backing for its regional allies, particularly in strengthening air defence and precision strike capabilities during uncertain conditions.

Criticism and concerns

The decision to bypass congressional oversight has drawn criticism from some quarters, particularly over transparency and the broader implications of increasing arms supplies in a conflict-prone region.

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Latest world news

Trump and Putin hold over 90-minute call, discuss Iran war and Ukraine conflict

Trump and Putin held a 90-minute call focusing on Iran tensions and the Ukraine conflict, with warnings over escalation and talks of ceasefire.

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Vladimir Putin and Donald Trump

US President Donald Trump and Russian President Vladimir Putin held a phone conversation lasting more than 90 minutes, focusing on escalating tensions in the Middle East and the ongoing war in Ukraine.

According to official statements, the discussion was described as “frank and businesslike,” with both leaders addressing key global security concerns. A major part of the conversation centred on the situation involving Iran and developments in the Persian Gulf.

Putin supported Trump’s decision to extend the ceasefire related to Iran, suggesting that continued restraint could create space for negotiations and help stabilise the region. However, he also issued a strong warning, stating that renewed military action by the United States or Israel could lead to “extremely damaging consequences” not only for Iran but for the wider international community.

Ukraine conflict also discussed

The leaders also discussed the ongoing war in Ukraine, which has continued for several years since Russia’s invasion in 2022. During the call, there were indications of potential efforts toward a temporary ceasefire, although no final agreement has been confirmed.

Reports suggest that the idea of a short-term pause in hostilities was explored, possibly linked to upcoming symbolic dates, but significant differences between the parties remain unresolved.

Focus on diplomacy amid global tensions

The call highlights ongoing diplomatic engagement between Washington and Moscow at a time of heightened geopolitical tensions involving both the Middle East and Eastern Europe.

While both sides acknowledged the importance of dialogue, the situation on the ground in both conflict zones remains complex, with no immediate resolution in sight.

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Latest world news

Trump rejects Iran peace plan as tensions rise, Tehran signals military readiness

Trump rejects Iran’s peace plan, keeping focus on nuclear concerns as Tehran signals readiness and tensions continue to rise.

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Donald Trump statement

U.S. President Donald Trump has rejected a proposal from Iran aimed at easing ongoing tensions, signaling a continued deadlock between the two countries.

The proposal reportedly included steps linked to easing restrictions around the Strait of Hormuz, a key global oil route. However, the United States declined the offer, maintaining that any agreement must address concerns related to Iran’s nuclear programme.

Washington has made it clear that resolving nuclear issues remains a priority and that partial measures without broader commitments will not be accepted.

Nuclear issue remains central

The U.S. position continues to focus on preventing Iran from advancing its nuclear capabilities. Officials believe that without a comprehensive agreement, temporary arrangements could delay a long-term resolution.

The rejection of the proposal indicates that negotiations remain stalled, with both sides holding firm on key demands.

Iran issues warning

Following the rejection, Iranian officials have issued strong statements, indicating readiness to respond if pressure from the U.S. continues.

Reports suggest that Iran has asserted its military preparedness, warning that any escalation could lead to serious consequences. The remarks reflect growing tensions as diplomatic efforts struggle to produce results.

Rising geopolitical tension

The situation remains volatile, with both countries engaged in a prolonged standoff. Measures such as restrictions on trade routes and strategic pressure points continue to impact the broader region.

The Strait of Hormuz remains a critical factor in the conflict, given its importance for global energy supplies.

Outlook uncertain

With no immediate breakthrough in sight, tensions between the United States and Iran are expected to persist. The lack of agreement on key issues, particularly the nuclear programme, continues to hinder progress toward de-escalation.

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