GCC and Iraq oil ministers reaffirm commitment to OPEC+ deal

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Updated 08 August 2020
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GCC and Iraq oil ministers reaffirm commitment to OPEC+ deal

  • Countries agreed to increase their output cuts to make up for earlier production
  • The ministers released a joint statement after the meeting

DUBAI: Oil ministers from the Gulf Cooperation Council and reaffirmed their commitment to the OPCE+ deal during a virtual meeting, state news agency SPA reported.
Saudi Minister of Energy Abdulaziz bin Salman Al-Saud, UAE Minister of Energy and Infrastructure Suhail Al-Mazrouei, Kuwaiti Oil Minister Khaled Al-Fadhel, Bahraini Oil Minister Mohammed Al-Khalifa, Omani Oil and Gas Minister Mohammed Al-Rumhi and Iraqi Oil Minister Ihsan Ismail discussed renewed global demand for oil and the progress of implementing the OPEC+ agreement.
The ministers agreed that members that failed to fully comply with production cuts in May, June and July will accelerate their output reduction.
“Full compliance to the OPEC+ deal, including making up for the limited progress on adherence, would speed up the recovery of the global oil market to the best interest of oil consumers and producers alike, the energy industry and the world economy,” the joint statement read.


Hamas says will give up arms to a Palestinian authority ‘if occupation ends’

Updated 07 December 2025
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Hamas says will give up arms to a Palestinian authority ‘if occupation ends’

  • “We accept the deployment of UN forces as a separation force, tasked with monitoring the borders and ensuring compliance with the ceasefire in Gaza,” Hayya says

GAZA CITY, Palestinian Territories: Hamas said Saturday it was ready to hand over its weapons in the Gaza Strip to a Palestinian authority governing the territory on the condition that the Israeli army’s occupation ends.
“Our weapons are linked to the existence of the occupation and the aggression,” Hamas chief negotiator and its Gaza chief Khalil Al-Hayya said in a statement, adding: “If the occupation ends, these weapons will be placed under the authority of the state.” Asked by AFP, Hayya’s bureau said he was referring to a sovereign and independent Palestnian state.
“We accept the deployment of UN forces as a separation force, tasked with monitoring the borders and ensuring compliance with the ceasefire in Gaza,” Hayya added, signalling his group’s rejection of the deployment of an international force in the Strip whose mission would be to disarm it.