OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the groups leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices.
Irans Ambassador to the United Nations Gholam Ali Khoshroo rejected claims made in a September 14 letter by Saudi Arabia to the United Nations that Tehran is transferring arms to Yemens Ansarullah movement.
Oil prices settled up nearly 6 percent on Wednesday after OPEC sources said the group has struck a deal to limit crude output at its policy meeting in November, its first agreement to cut production since the market crashed two years ago on oversupply.
PSA Peugeot Citroen (PEUP.PA) said it plans to sell more than 150,000 Peugeot vehicles in Iran in the second half of this year as the French carmaker seeks to reclaim the leading position it once enjoyed in the country.
The meeting between Iranian Foreign Minister Mohamed Javad Zarif and his Egyptian counterpart Sameh Shoukri on the sidelines of the recent UN General Assembly meeting in New York may have been one of the important from the Muslim countries point of view.
Congress on Wednesday overwhelmingly rejected President Barack Obamas veto of legislation allowing relatives of the victims of the Sept. 11 attacks to sue Saudi Arabia, the first veto override of his presidency, just four months before it ends.
Iranian Navy Commander Rear Admiral Habibollah Sayyari said the countrys naval forces are closely watching all moves by foreign military units anywhere in regional waters.