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Iran Mocks Obama Again, Test-Fires 2 More Ballistic Missiles

Following numerous violations of last summer's landmark comprehensive nuclear agreement, as Iran repeatedly test fired ballistic missile rockets in direct contravention of the treaty terms, a curious tangent emerged last week when a senior Iranian military commander claimed that U.S. officials had been "appeasing" the Iranian regime, and quietly encouraging the Islamic Republic to keep its illicit ballistic missile tests a secret so as not to raise concerns in the region, according to Persian language comments.

What Does The Next OPEC Meeting Have In Store?

Submitted by Rakesh Upadhyay via OilPrice.com,

The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran.

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels.

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