Iranian President Hassan Rouhani said countries behind the drop in oil prices will suffer. Photo: Iranian government.

Yahoo/Reuters – Iranian President Hassan Rouhani said on Tuesday that countries behind the fall in global oil prices would regret their decision and warned that Saudi Arabia and Kuwait would suffer alongside Iran from the price drop.

“Those that have planned to decrease the prices against other countries will regret this decision,” Rouhani said in a speech broadcast on state television as oil plunged to near six year lows on international markets. [O/R]

Read full story.