In a statement issued on Tuesday, the ministry stated although Egypt appreciates the USA and global assurance to address concerns about regional interference by Iran, it also asserted the necessity of Iran's adherence to worldwide obligations under the Treaty on the Non-Proliferation of Nuclear Weapons.
During that trip, the Saudi crown prince also boasted about the kingdom's rich uranium reserves, saying Riyadh wants to have the ability to enrich its own uranium for use in the nuclear reactors to be built on Saudi soil. Preventing the two countries from having a nuclear-weapon capability and competing in a nuclear arms race is the goal.
The Bahrain News Agency, BNA, quoted a statement of the Ministry of Foreign Affairs as saying, "This decision reflects the commitment of the United States to confront Iranian policies and Iran's continuous attempts to spread terrorism in the region in full violation of worldwide norms and laws".
Washington's allies may find formulas to avoid sanctions exposure.
While Muscat is sceptical its neighbours would resort to a total embargo, "everything is possible".
But the USA sanctions on Iran, assuming they are effective, mark the end of the current output agreement.
Some, however, support Trump's withdrawal from the deal. The JCPOA is in America's interest - it has significantly rolled back Iran's nuclear program.
For all these reasons, Saudi Arabia and other OPEC members will come under intense pressure to raise their output to make up for any loss of Iranian barrels.
Riyadh, which leads a regional coalition that intervened in Yemen's civil war to fight the Houthis, accuses Iran of supplying the militia with ballistic missiles.
An official spokesman for the energy ministry said Tuesday that following the USA decision to withdraw from the nuclear agreement with Iran, Saudi Arabia "would work with major producers within and outside OPEC, as well as major consumers to mitigate the impact of any potential supply shortages".
Analyst Dorsey believes Iran will not compromise on its ballistic missile programme "because that is the core of their defence policy".
Even without disruption to Iran's crude flows, the balance between supply and demand in the oil market has been tightening steadily, especially in Asia, and as top exporter Saudi Arabia and No.1 producer Russian Federation have led efforts since 2017 to withhold oil supplies to prop up prices.
"It's about Iran", said Dorsey, "not about finding a solution".
Naked promise kept after snooker world champs win
May 09, 2018 - 00:59
Cold in here isn't it?, he said, as he entered the press room. "It feels a little bit uncomfortable at the minute", he laughed. Last time he won Williams said he "had half a pint of milk and went to bed". "I'm sure they've enjoyed it".
Sensex ends flat, up 8 points at 35216; Nifty above 10700
May 09, 2018 - 00:56
In the broader market, the BSE Midcap was marginally lower by 0.24%, while the BSE Smallcap was up 0.02%. Losers included, Lupin, Dr Reddy, TCS, Coal India , Cipla, SunPharma, Tech Mahindra and HDFC Bank .
China Trade Talks Continue Next Week in DC
May 09, 2018 - 00:56
Consequently, the trade surplus totalled USD28.8 billion in April, above the expected level of USD27.75 billion. Last year's surplus totaled $375 billion.
Red Sox, Yankees Bringing Best Records in Baseball Into First-Place Showdown
May 09, 2018 - 00:53
But two of the best hitting teams in baseball may find at least one thing to their liking: the dimensions of London Stadium . In fact, get ready for Red Sox vs Yankees baseball at London Stadium in June of 2019.
North Korea's Kim tells China's Xi he's committed to denuclearisation
May 09, 2018 - 00:47
The two met on Monday and Tuesday in Dalian city of China's Liaoning province that borders North Korea, Xinhua news agency said . Kim held a historic meeting last month with South Korean President Moon Jae-in, and Xi and Kim first met secretly in March .
Tyler Winklevoss tells Bill Gates how to short Bit Coin
May 09, 2018 - 00:46
Berkshire vice chairman Charlie Munger said to Buffett during the meeting, "I like cryptocurrencies a lot less than you do". This is still good news for Bitcoin investors as this price is still an approximate 25% gain over the past month.
Fitbit activates female health tracking on the Versa and Ionic
May 08, 2018 - 02:19
There, you can see where you are in your cycle, when your next period is expected and check your estimated fertile windows. The female health tracking feature will initially be available on the iOS and Windows apps with Android getting it later.
West Virginia GOP candidate says McConnell created jobs for 'China people'
May 08, 2018 - 02:19
Fox Information politics editor joins "The Story" with response to the West Virginia GOP Senate main debate. Senate. "This idea that I called somebody a China person, I mean I'm an American person", Blankenship said.
Coal mining fatalities on the rise
May 08, 2018 - 02:17
Chief of Provincial Disaster Management Authority (PDMA) Muhammad Tariq also confirmed that 16 miners had been killed. Two workers were rescued in an unconscious condition, while bodies of two miners were recovered Saturday night.
Protester Interrupts AG Jeff Sessions' News Conference, Calls Him an 'Evil Man'
May 08, 2018 - 02:14
On April 18, Homeland Security Secretary Kirstjen Nielsen paid a visit to Calexico to see the replacement of a border barrier. Sessions' visit follows a March visit by President Donald Trump to Otay Mesa to survey border wall prototypes.
The Met Gala - Princess Diana's most iconic look of all time?
May 08, 2018 - 02:12
Donning a black, beaded lace gown by Stella McCartney, Rihanna shimmered on the carpet and proved her sexy style was here to stay. The 2008 theme was "Superheroes: Fashion and Fantasy", which is a touch sophomoric, but hey, it was simpler times.
Cresswell urges West Ham to forget poor form
May 08, 2018 - 02:09
I want a team which plays at a level you'd expect. 'All of the video games now are huge, ' Moyes added. West Ham scored their second goal in the 64th minute and it was a strike worthy of settling any match.
Kentucky Derby Jockey Praises Jesus After Big Win with 'Justify'
May 08, 2018 - 02:03
Quip, who qualified for the Kentucky Derby but whose trainer believed he needed more time, was also scheduled to run in two weeks. When the horses came to him, he wanted to take off again. "It was a pretty awesome performance".
Jose Mourinho approves Anthony Martial move to Juventus
May 07, 2018 - 15:05
And one player that has not impressed Mourinho is Martial, who has endured an inconsistent campaign. Mourinho is set to overhaul his side in a dramatic shape up of United's squad.
Stormy Daniels Makes Surprise Appearance on SNL - 'A Storm's a'Comin' Baby'
May 07, 2018 - 15:02
Giuliani also put the repayment at '$460,000 or $470,000', which is far more than the $130,000 the attorney said he wired Daniels. On ABC , Giuliani said he had "no knowledge" of any other payments to women, "but I would think if it was necessary, yes".