Iranian Foreign Minister Abbas Araqchi traveled to Qatar today (Thursday).

Why it matters:

Iran and Qatar have a close economic relationship which affects their diplomatic relations, particularly in the oil and gas industries. Iran and Qatar jointly control the world's largest natural gas field along their maritime border.

Qatar has 13% of the world's total proven gas reserves. Qatar is producing 650 million cubic meters of gas per day from its section of the field, and Iran is producing 430 million cubic meters of gas per day from its field.

In addition to ties in the oil and natural gas arena, Iran and Qatar also cooperate in the shipping sector.

Key points:

  • After arriving in Doha, Iranian Foreign Minister Abbas Araqchi met with Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani today, Thursday, January 30.
  • Meeting with senior Hamas officials, reviewing the latest developments in Palestine, and congratulating the Palestinian people on their victory in the legendary 16-month-long resistance of the Al-Aqsa Storm are on the agenda of this trip.
  • According to the Ministry of Foreign Affairs, the Foreign Minister will discuss current developments in the region and issues of bilateral relations during his meeting with Qatari officials.
  • The meeting with Qatari officials will also discuss current developments in the region and issues of bilateral relations.

Go deeper:

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