In Tehran, the November 30 decision by OPEC to cut oil production by member states was predictably a big deal. This, however, was not just about the economics of the event. Sure, the price of crude oil shot up by 10% on the announcement. It was the first time in eight years that OPEC states had agreed to a collective production cut.
But in Tehran, the other big news was that Iran – OPEC’s third-biggest producer – had escaped the call for it to cut back its production. On the other hand, Iran’s biggest regional rival, Saudi Arabia, agreed to a steep cut.
Iranian Authorities Intensify Acts of Repression against Artists
Mehdi Rajabian, an Iranian musician serving a three-year jail term at Tehran’s Evin prison, is being treated for internal bleeding at a hospital. But the country’s judiciary has demanded that he return to prison, disregarding his serious medical condition.
A Revolutionary Court in 2015 found Rajabian, his filmmaker brother Hossein Rajabian, and their musician friend Yousel Emadi guilty of “insulting Islamic sanctities” and “illegal audio-visual activities.”
Iran’s Fars News Agency (FNA) reports that Syria’s army has formed a new elite force called the Al-Filq Al-Khamis-Eqteham (Fifth Assault Corps) and is calling on volunteers to join the group.
New Findings about Iran’s Arms Aid to Houthis Alarm Gulf Nations
It is no longer a secret that Iran assists Shiite Houthi group to fight the Saudi-backed government of Abdrabbuh Mansur Hadi in Yemen. But a new report published on November 30 provides new evidence of an arms “pipeline” originating from Iran and extending to Yemen and Somalia.
After months of protracted discussions, OPEC members reached a consensus on November 30 to cut collective oil production next year by about 4.5 percent. The news about the first reduction in eight years pushed up oil prices by eight percent to above $50 a barrel. According to the deal, Iran will keep its production level at 3.8 million barrels per day (bpd) – almost the same amount as its pre-sanctions output.
IRGC Hails Shiite Militias’ Success but Sunnis Voice Concern
With Shiite militia forces scoring territorial gains in Iraq and Syria, the Islamic Revolution Guards Corps (IRGC) feels vindicated. In numerous interviews with Iranian media outlets, senior IRGC officials claim that their support for the Popular Mobilization Forces (PMF) in Iraq and Shiite militant groups in Syria has not only saved the two countries from “terrorists and takfiris” but has also warded off the threat of terrorism from spilling over into the Iranian territory.
Iran Continues to Arrest Dual-Nationals for Ransom
Richard Ratcliffe, the husband of a British-Iranian woman jailed in Iran’s notorious Evin Prison, says that Islamic Revolution Guard Corps (IRGC) officials are using his wife as a “bargaining chip” to secure a decades-old £500 [$620] million debt for a tank deal from the British government.
Erdoğan’s Syria Remark Angers Iran, Russia and Syria
Turkish President Recep Tayyip Erdoğan’s November 29 remark that Turkey intervened in Syria to topple President Bashar al-Assad has drawn a sharp rebuke from Tehran, Damascus and Moscow.
For Rouhani’s Reelection, It’s Still the Economy, Stupid
The Central Bank of Iran (CBI) has announced that the inflation rate for the past 12 months stood at 8.6 percent – down from 11.9 percent from the same period the year before. Previously, the Statistical Center of Iran had put this year’s figure at 7.5 percent.
On November 28, Iranian President Hassan Rouhani and his Russian counterpart Vladimir Putin agreed in a telephone conversation to coordinate steps about global oil and gas prices as well as on the war in Syria.
Iran Overtakes OPEC Rivals as India’s Top Oil Supplier
In another sign of Tehran’s improving trade and economic ties with regional countries, Iran has overtaken OPEC-member rivals Saudi Arabia and Iraq as Indi
In a remark that is likely to heighten tension in the Gulf region, the Iranian chief of staff of the armed forces has called for setting up naval bases across on the coasts of Yemen and Syria in the future.
Infighting in Iran over Corruption Allegations within Judiciary
On the evening of November 26, security officials tried to arrest Mahmoud Sadeghi, a university lecturer and lawmaker from Tehran – disregarding his parliamentary immunity. But the authorities backed down after Sadeghi’s supporters, including a number of parliamentarians and students, gathered in front of his house to protest the move. The controversy soon turned into the “most heated” political issue in Tehran the following day.
