Oil sinks on weak China data, fading supply concerns

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In fact, the Americans wanted bilateral talks [with Iran], that is, talks between the two presidents, but we had repeatedly rejected that. The region is one of the most heavily militarized in the world. "This aggression requires, from all of us, a historic position", he continued.

Iran has installed powerful new centrifuges in contravention of its 2015 nuclear agreement with world powers and is preparing new measures that will allow it to reconstitute its stockpile of enriched uranium, according to a restricted report from the International Atomic Energy Agency seen by Bloomberg.

Official Houthi spokesmen have rejected any suggestions that they disavowed their initial claim or warned Riyadh about future strikes by Iran, the WSJ said.

"We've known this regime for 40 years". A deepening manufacturing slump in Germany, more signs of economic weakness in China and rising USA crude stockpiles have also weighed on prices this week.

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France, Germany and Britain, which all remain committed to a nuclear deal with Iran that the U.S. withdrew from a year ago, also pinned the blame on Iran this week.

"We are dealing with a rogue and terrorist regime", Al-Assaf asserted.

"The recent attacks are a real test of the global community's will". "Utmost pressure with every tool available should be applied to end the terrorist and aggressive conduct of the Iranian regime".

"I think now it has struck them how clear it is that the Islamic Republic of Iran is not prepared to do the right thing and behave like a normal nation", Pompeo told reporters Thursday.

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Around 50 buses have been used to transport up to 40,000 people to the protest site, who are are taking part in the demonstration. The two leaders are again scheduled to meet later in the week in NY on the sidelines of the UN General Assembly (UNGA) session.

Saudi Foreign Minister's threats to Iran go unnoticed as WTI stays under pressure around $56.60 during the Asian session on Friday.

The Houthis have fired hundreds of rockets into Saudi Arabia over the course of the war but have begun to carry out much more damaging drone and missile attacks further inside the country as Gulf tensions have spiked in recent months. The precision strikes punched holes in towers and tanks that strip impurities, water and natural gas out of crude to prepare the oil for export. The Trump administration nonetheless issued a stern condemnation of the attack.

US Secretary of State Mike Pompeo has additionally mentioned there was no proof the assaults had been launched from Iraq.

Iran has maintained that it is not responsible for the attacks and continues to say that they were carried out by the Houthis.

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"Despite lack of equipment, Yemen has smart people". "Yemen and Saudi Arabia have common interests and that is why we hope [the] Saudi leadership will respond to this initiative".

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